Art Deco
For Sale
Contact for pricing
1991 S Champion Avenue, Columbus, OH 43207
An upper-level two-bedroom loft can be reconfigured for office use.
Property Size9,152 SF
Price / SF$0.71
Days on Market60
Property Features for 1991 S Champion Avenue
General Information
Standard status
Active
Size
9,152 SF
Property subtype
Warehouse
Zoning
M
Site & Location
Neighborhood
Steelton
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
1
Power
200 amps
Three-Phase Power
No
Additional Details
Property Use
Warehouse
Building Details
Year Built
1948
Buildings
1
Building Size
9,152 SF
Listing Agency:
Live Well Home Group
Listed By:
Amber Herbster
(614) 300-5326
Source:
Livewellhomegrp
Added: Sep 1
Changed: Oct 28
Last Checked: Oct 28 at 3:29PM
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 Live Well Home Group
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Investment Insights
Based on property information with market context.
Built in 1948, this Art Deco-style warehouse contains 9,152~ SF and includes a two-bedroom loft that can be adapted as office space. The building has 12-14' ceilings, one drive-in door, and 1 single phase 200 amp service.
The property at 1991 S Champion Avenue in Columbus occupies more than half an acre across three parcels: 010-115418-00, 010-115239-00, and 010-112083-00. The site offers abundant parking and carries M Zoning.
The property at 1991 S Champion Avenue in Columbus occupies more than half an acre across three parcels: 010-115418-00, 010-115239-00, and 010-112083-00. The site offers abundant parking and carries M Zoning.
Key Highlights
- 9,152~ SF warehouse built in 1948
- Two‑bedroom loft can be converted to office space
- One drive‑in door and 12‑14' ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,122
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,582,440
$2.6M
Cap Rate 7%
$1,844,600
$1.8M
Cap Rate 9%
$1,434,689
$1.4M
Market Conditions
NOI Build-Up for 9,152 SF
Gross rent
$199.9K $21.84/SF
− Vacancy
−$48.0K −$5.24/SF
EGI
$151.9K $16.60/SF
− OpEx
−$22.8K −$2.49/SF
NOI
$129.1K $14.11/SF
Area
ZIP 43207
Vacancy
24.00%
Lease Rate
$21.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,582,440
Cap Rate 7%
$1,844,600
Cap Rate 9%
$1,434,689
Alternative Uses
Best Use
Warehouse
$1.84M
$1.61M – $2.15M
NOI $129,122 @ 7.0% cap · market cap 1,986.49%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 43207, OH
46,853
Population
21,242
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
85%
High-School Grad
23.1 sq mi
ZIP Area
2,028
Density / Sq Mi
$61,307
Median Household Income
$40,037
Median Earnings
$1,115
Median Rent
$156,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Columbus, OH
Similar Off Market Nearby
- Columbus Cold Storage — 2159 Lockbourne Rd, Columbus, OH 43207
- Lineage — 2159 Lockbourne Rd, Columbus, OH 43207
Frequently Asked Questions
What type of property is this?
Warehouse - An upper-level two-bedroom loft can be reconfigured for office use.
Where is this warehouse located?
The property is located at 1991 S Champion Avenue Columbus, OH.
What are key features of this property?
This property features: 9,152~ SF warehouse built in 1948; Two‑bedroom loft can be converted to office space; One drive‑in door and 12‑14' ceiling height
