Storefront Retail on Major
2383 W Broad St Columbus, OH 43204
For Sale
Contact for pricing
Single-dedicated lot featuring approximately 9,180 square feet of open retail space with street-front signage exposure.
Property Size9,180 SF
Price / SF$152.51
Days on Market516
Property Features for 2383 W Broad St
General Information
- Standard status
- Active
- Size
- 9,180 SF
- Property subtype
- RETAIL
Listing Agency:
CBRE | Columbus
(614) 781-5130
Listed By:
Luke Streng · License #2007004532
(614) 781-5130
Source:
Moodyscre
Added: Feb 26, 2025
Changed: Jul 25
Last Checked: Jul 26 at 1:28PM
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 CBRE | Columbus
Investment Insights
Based on property information with market context.
This storefront retail property offers approximately 9,180 square feet of open retail space suited to a variety of retail uses. The site includes a dedicated lot designed to provide straightforward customer access, along with prominent street-front signage for visibility.
Located on W Broad St, a major retail corridor with strong traffic counts, the property benefits from a dense residential base.
The layout is configured as largely open retail, making it practical for tenants seeking flexible floorplate options within a street-facing storefront setting.
Located on W Broad St, a major retail corridor with strong traffic counts, the property benefits from a dense residential base.
The layout is configured as largely open retail, making it practical for tenants seeking flexible floorplate options within a street-facing storefront setting.
Key Highlights
- Approx. 9,180 SF of open retail space for a variety of uses
- Located on W Broad St., a major retail corridor with strong traffic counts
- Dedicated lot with easy customer access
Financial Insights For Retail
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 | $165.2k | $18.00 |
| − Vacancy | −$14.0k | −$1.53 |
| EGI | $151.2k | $16.47 |
| − OpEx | −$45.4k | −$4.94 |
| NOI | $105.8k | $11.53 |
9,180 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.51M
$1.32M – $1.76M
NOI $105,836 @ 7.0% cap · market cap 7.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,921 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
LibertyX Bitcoin ATM
Atm
FAQs
What type of property is this?
Retail space - Single-dedicated lot featuring approximately 9,180 square feet of open retail space with street-front signage exposure.
Where is this retail space located?
The property is located at 2383 W Broad St Columbus, OH.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Approx. 9,180 SF of open retail space for a variety of uses; Located on W Broad St., a major retail corridor with strong traffic counts; Dedicated lot with easy customer access
