Warehouse-Office Flex
1885 - 1895 S High St Columbus, OH 43207
1885 - 1895 S High St, Columbus, OH, 43207
$1,575,000
For Sale
$1,575,000
Flex warehouse and office building with fenced outdoor storage, drive-in door, and a large paved parking lot.
Property Size13,200 SF
Price / SF$119.32
Days on Market64
Property Features for 1885 - 1895 S High St
General Information
- Standard status
- Active
- Size
- 13,200 SF
- Property subtype
- Industrial - Manufacturing
Building Details
- Year Built
- 1947
Listing agency
NAI Ohio Equities
(614) 629-5254
Listed by
John W. Mally · License #2013004679
Source
Commercialcafe
Added: May 19 Updated: Jul 21 at 12:47PM Checked: Jul 21 at 12:47PM
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 NAI Ohio Equities
Investment Insights
Based on property information with market context.
1885–1895 S High St offers a warehouse-and-office flex configuration within a single commercial building, supported by fenced-in outdoor storage. The space includes a drive-in garage door on the warehouse portion, and the clear span warehouse area is suited to a variety of industrial and service uses such as auto, light industrial, storage, or service. The property also features a large paved lot with abundant on-site parking.
The site is located on the north side of the Steelton-Reeb-Hosack neighborhood and provides direct access to S High Street through two curb cuts. It offers quick access to SR 104 and I-71, with convenient access to downtown and regional transportation infrastructure.
The building presents high-visibility frontage on South High Street and includes a dedicated street monument sign. The property is described as zoned for commercial use, with specific zoning district to be verified.
The site is located on the north side of the Steelton-Reeb-Hosack neighborhood and provides direct access to S High Street through two curb cuts. It offers quick access to SR 104 and I-71, with convenient access to downtown and regional transportation infrastructure.
The building presents high-visibility frontage on South High Street and includes a dedicated street monument sign. The property is described as zoned for commercial use, with specific zoning district to be verified.
Key Highlights
- 13,200 SF commercial building (built 1947) with high‑visibility frontage on S. High Street.
- Fenced‑in outdoor storage plus a large paved lot with abundant on‑site parking.
- Flexible interior layout for retail, showroom, office, warehouse, or flex conversion.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $288.3k | $21.84 |
| − Vacancy | −$69.2k | −$5.24 |
| EGI | $219.1k | $16.60 |
| − OpEx | −$76.7k | −$5.81 |
| NOI | $142.4k | $10.79 |
13,200 SF · lease $21.84/SF/yr · vacancy 24.00% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$2.66M
$2.33M – $3.10M
NOI $186,234 @ 7.0% cap · market cap 11.82%
Second Best
Industrial
$2.19M
$1.92M – $2.56M
NOI $153,369 @ 7.0% cap · market cap 9.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex warehouse and office building with fenced outdoor storage, drive-in door, and a large paved parking lot.
Where is this flex space located?
The property is located at 1885 - 1895 S High St Columbus, OH.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: 13,200 SF commercial building (built 1947) with high‑visibility frontage on S. High Street.; Fenced‑in outdoor storage plus a large paved lot with abundant on‑site parking.; Flexible interior layout for retail, showroom, office, warehouse, or flex conversion.
