Renovated Office Building with
For Sale
Contact for pricing
1830 E BROAD ST, Columbus, OH 43203
Move-in-ready office building with private offices, conference rooms, and an attached two-car garage.
Property Size2,880 SF
Price / SF$225.69
Days on Market192
Property Features for 1830 E BROAD ST
General Information
Standard status
Active
Size
2,880 SF
Class
B
Total Parking Spaces
15
Property subtype
Office
Additional Details
Opportunity Zone
Yes
Road Access
Yes
Amenities
2 conference rooms
10 private offices
Building Details
Year Built
1966
Year Renovated
2024
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Verti Commercial Real Estate
Listed By:
Matthew E. Drane · License #SAL.2020000914
(202) 510-2689
Source:
Crexi
Added: Apr 14
Changed: Oct 11
Last Checked: Oct 20 at 6:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Verti Commercial Real Estate
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Investment Insights
Based on property information with market context.
Originally built in 1966, this single-tenant office building has undergone comprehensive interior and exterior renovations in 2023–2024. The move-in-ready layout includes 2 conference rooms and 10 private offices, with an attached 2-car garage for added convenience.
Located on E. Broad Street, the property provides high-visibility frontage and an opportunity for signage. It also sits directly across from Franklin Park Conservatory, with access to COTA bus lines to support staff and client travel.
The building is positioned within a federal Opportunity Zone, and qualified investors may benefit from capital gains tax advantages. This turnkey asset is ready for immediate occupancy or lease-up.
Located on E. Broad Street, the property provides high-visibility frontage and an opportunity for signage. It also sits directly across from Franklin Park Conservatory, with access to COTA bus lines to support staff and client travel.
The building is positioned within a federal Opportunity Zone, and qualified investors may benefit from capital gains tax advantages. This turnkey asset is ready for immediate occupancy or lease-up.
Key Highlights
- 1966‑built, fully renovated 2,880 SF single‑tenant office with comprehensive interior and exterior renovations in 2023–2024
- Move‑in‑ready layout includes 2 conference rooms and 10 private offices
- Attached 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,274
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,480
$665.5K
Cap Rate 7%
$475,343
$475.3K
Cap Rate 9%
$369,711
$369.7K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$57.0K $19.80/SF
− Vacancy
−$12.7K −$4.40/SF
EGI
$44.4K $15.40/SF
− OpEx
−$11.1K −$3.85/SF
NOI
$33.3K $11.55/SF
Area
Columbus, OH
Vacancy
22.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,480
Cap Rate 7%
$475,343
Cap Rate 9%
$369,711
Alternative Uses
Best Use
Office B
$475.3K
$415.9K – $554.6K
NOI $33,274 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$600.2K
$525.2K – $700.2K
NOI $42,014 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
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Business Placement
Demographics for 43203, OH
8,726
Population
5,301
Households
1.6
Avg Household Size
32
Median Age
30%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
6,233
Density / Sq Mi
$44,099
Median Household Income
$36,918
Median Earnings
$930
Median Rent
$282,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Office building - Move-in-ready office building with private offices, conference rooms, and an attached two-car garage.
Where is this office building located?
The property is located at 1830 E BROAD ST Columbus, OH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1966‑built, fully renovated 2,880 SF single‑tenant office with comprehensive interior and exterior renovations in 2023–2024; Move‑in‑ready layout includes 2 conference rooms and 10 private offices; Attached 2‑car garage
