Historic Office
For Sale
$710,000
25 North High Street, Canal Winchester, OH 43110
Office property in Canal Winchester, within the Columbus MSA and established in 1920.
Property Size3,410 SF
Days on Market113
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Property Features for 25 North High Street
General Information
Standard status
Active
Size
3,410 SF
Class
B
Property subtype
Office
Building Details
Building Size
3,410 SF
Year Built
1920
Listing Agency:
SVN Wilson Commercial
Listed By:
Doug Wilson · License #OH #0000350178
(614) 206-3881
Source:
Svnwilson
Added: Jun 25
Changed: Oct 1
Last Checked: Oct 14 at 9:38PM
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 SVN Wilson Commercial
Investment Insights
Based on property information with market context.
This office property at 25 North High Street was established in 1920 and is located in Canal Winchester, Ohio. The property sits within southeastern Franklin County and the Columbus MSA.
Canal Winchester is a community with roots dating to 1828 and developed from an early canal and railroad town into a suburban community. The village has an approximate population of 8,600.
Canal Winchester is a community with roots dating to 1828 and developed from an early canal and railroad town into a suburban community. The village has an approximate population of 8,600.
Key Highlights
- 1920‑established office property
- 25 North High Street address
- Located in Canal Winchester, OH 43110
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,984
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,680
$839.7K
Cap Rate 7%
$599,771
$599.8K
Cap Rate 9%
$466,489
$466.5K
Market Conditions
NOI Build-Up for 3,410 SF
Gross rent
$73.7K $21.60/SF
− Vacancy
−$17.7K −$5.18/SF
EGI
$56.0K $16.42/SF
− OpEx
−$14.0K −$4.10/SF
NOI
$42.0K $12.31/SF
Area
Franklin County, OH
Vacancy
24.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,680
Cap Rate 7%
$599,771
Cap Rate 9%
$466,489
Alternative Uses
Best Use
Office B
$599.8K
$524.8K – $699.7K
NOI $41,984 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$695.2K
$608.3K – $811.1K
NOI $48,664 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43110, OH
40,953
Population
17,352
Households
2.4
Avg Household Size
35
Median Age
36%
College-Educated
93%
High-School Grad
46.7 sq mi
ZIP Area
877
Density / Sq Mi
$76,334
Median Household Income
$48,216
Median Earnings
$1,218
Median Rent
$284,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- COMPITPROS.COM — 11 N Trine St, Canal Winchester, OH 43110
- Columbus Custom Computers — 47 W Waterloo St, Canal Winchester, OH 43110
Frequently Asked Questions
What type of property is this?
Office space - Office property in Canal Winchester, within the Columbus MSA and established in 1920.
Where is this office space located?
The property is located at 25 North High Street Canal Winchester, OH.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: 1920‑established office property; 25 North High Street address; Located in Canal Winchester, OH 43110
