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Renovated Office Space Available
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240 North 5th Street, Columbus, OH 43215

Three-story office building with updated interiors and downtown views.

Space Size2,582 SF - 6,244 SF
Days on Market283

Property Features for 240 North 5th Street

General Information

Standard status Active
Size 2,582 SF - 6,244 SF
Property subtype Office

Spaces For Lease

at 240 North 5th Street Contact us

Suite 200

Size
2,582 SF
Type
Office
Availability
Available
2,582 SF
Contact us

Suite 300

Size
3,892 SF
Type
Office
Availability
Available
3,892 SF
Contact us

Suite 220

Size
6,244 SF
Type
Office
Availability
Available
6,244 SF
Contact us
Listing Agency:
Listed By: Aaron Duncan
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 25 Last Checked: Aug 31 at 2:17PM

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 Aaron Duncan

Investment Insights

Based on property information with market context.

The property at 240 N. Fifth Street is a three-story, multi-tenant building constructed in 1944. Originally occupied by American Electric, the building features expansive views of Downtown Columbus framed by large windows set within tall, white brick walls. The property has been renovated to include updated lighting and flooring, along with new bathrooms and kitchens. These updates create a modern warehouse environment suitable for a variety of office users. The landlords, Hackman Capital Partners, have renovated the entry way, lobby, and other building common areas, as well as the available suites, while preserving the authentic character of the original vintage warehouse. The property offers a total size of 10136 square feet.

Key Highlights

  • Completely renovated by Hackman Capital Partners, including entry way, lobby, common areas, and available suites.
  • Modern warehouse with updated lighting, flooring, bathrooms, and kitchens.
  • Expansive views of Downtown Columbus.

Property Analytics

Current Use

Infinite Cohesion LTD (Bike/Boat/Book/etc) Store eSchoolView Marketing & Advertising Origins Game Fair Marketing & Advertising DynaCal Association Or Organization Revolution Mortgage Loan Service

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Kitchen & Bath Showroom Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,113
Businesses Nearby

Demographics for 43215, OH

20,761
Population
13,428
Households
1.5
Avg Household Size
32
Median Age
71%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
4,071
Density / Sq Mi
$74,469
Median Household Income
$59,521
Median Earnings
$1,487
Median Rent
$508,300
Median Home Value

Market

Lease Benchmarks for Columbus, OH

$18.18 /SF/Yr
Avg Asking Price
$0.38–$90 /SF/Yr
Price Range
12,231 SF
Avg Space Size

Vacancy Rate% for Office in Columbus, OH

14.1% 2019
20.2% 2020
23.4% 2021
26.3% 2022
25.6% 2023
24.1% 2024
23.5% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Three-story office building with updated interiors and downtown views.
Where is this office units located?
The property is located at 240 North 5th Street Columbus, OH.
What are key features of this property?
This property features: Completely renovated by Hackman Capital Partners, including entry way, lobby, common areas, and available suites.; Modern warehouse with updated lighting, flooring, bathrooms, and kitchens.; Expansive views of Downtown Columbus.
More about this property
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