High-Visibility Multi-Tenant Commercial
2360 North National Road Columbus, IN 47201
2360 North National Road, Columbus, IN, 47201
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For Sale
Contact for pricing
High-visibility commercial building with three tenants in place, available for sale or lease.
Property Size3,735 SF
Price / SF$133.84
Days on Market15
Property Features for 2360 North National Road
General Information
- Standard status
- Active
- Size
- 3,735 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1964
Listing agency
Bolst, Inc.
(404) 689-4408
Listed by
Zane Wischmeier · License #RB16000321
Source
Crexi
Added: Jul 9 Updated: Jul 22 at 10:31PM Checked: Jul 22 at 10:31PM
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 Bolst, Inc.
Investment Insights
Based on property information with market context.
2360 North National Road in Columbus, IN offers a high-visibility commercial building available for sale or for lease. The property is currently operating with three tenants in place, creating an opportunity for an investor seeking income-producing occupancy or an owner-occupant looking to take part in an already established commercial setup.
Located on one of the busiest corridors in town, the building is positioned for strong day-to-day exposure. The mix of storefront properties and office spaces listed under the offering suggests flexibility in how the building can serve commercial needs.
For buyers or tenants evaluating established commercial space, this asset provides the benefit of in-place tenancy alongside visibility on a heavily traveled thoroughfare.
Located on one of the busiest corridors in town, the building is positioned for strong day-to-day exposure. The mix of storefront properties and office spaces listed under the offering suggests flexibility in how the building can serve commercial needs.
For buyers or tenants evaluating established commercial space, this asset provides the benefit of in-place tenancy alongside visibility on a heavily traveled thoroughfare.
Key Highlights
- High‑visibility commercial building on a busy corridor in Columbus, IN
- Available for sale or for lease
- Year built: 1964
Local Financial Insights For Office B
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 | $42.6k | $11.40 |
| − Vacancy | −$8.9k | −$2.39 |
| EGI | $33.6k | $9.01 |
| − OpEx | −$8.4k | −$2.25 |
| NOI | $25.2k | $6.75 |
3,735 SF · lease $11.40/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$360.4K
$315.4K – $420.5K
NOI $25,228 @ 7.0% cap · market cap 5.05%
Second Best
Retail
$341.0K
$298.4K – $397.8K
NOI $23,868 @ 7.0% cap · market cap 4.77%
Theoretical Best
Healthcare Medical
$722.1K
$631.8K – $842.4K
NOI $50,544 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Oesterling Chimney Sweep
Department Store
Oesterling Chimney Sweep, ...
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Flowers From the Woods — 1550 Central Ave, Columbus, IN 47201
- Kroger Floral — 3060 N National Rd, Columbus, IN 47201
FAQs
What type of property is this?
Storefront property - High-visibility commercial building with three tenants in place, available for sale or lease.
Where is this storefront property located?
The property is located at 2360 North National Road Columbus, IN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: High‑visibility commercial building on a busy corridor in Columbus, IN; Available for sale or for lease; Year built: 1964
