Retail Space with Dock
2850 E Main Street, Columbus, OH 43209
For Sale
New
Contact for pricing
Approximately 4,000 square feet with some parking and potential shared use of a dock door.
Property Size4,000 SF
Days on Market2
Property Features for 2850 E Main Street
General Information
Standard status
Size
Site & Location
Neighborhood
Listing Agency:
The Bolon Company, Ltd.
(614) 488-8888
Listed By:
David D Bolon
(614) 832-1612
Source:
Maryhatem
Added: Nov 8
Last Checked: Nov 8 at 4:09PM
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 The Bolon Company, Ltd.
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Investment Insights
Based on property information with market context.
This retail space at 2850 E Main Street offers approximately 4,000 square feet. The incoming tenant is responsible for the build-out, allowing the space to be configured for the intended operation. Some parking is available, and shared use of a dock door may be possible.
The property is on E Main Street in Columbus, Ohio. Potential uses identified for the space include retail, commercial, personal services, and professional offices.
The property is on E Main Street in Columbus, Ohio. Potential uses identified for the space include retail, commercial, personal services, and professional offices.
Key Highlights
- Approximately 4,000 square feet
- Some parking available
- Possible shared use of a dock door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,116
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,320
$922.3K
Cap Rate 7%
$658,800
$658.8K
Cap Rate 9%
$512,400
$512.4K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$72.0K $18.00/SF
− Vacancy
−$6.1K −$1.53/SF
EGI
$65.9K $16.47/SF
− OpEx
−$19.8K −$4.94/SF
NOI
$46.1K $11.53/SF
Area
Columbus, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,320
Cap Rate 7%
$658,800
Cap Rate 9%
$512,400
Alternative Uses
Best Use
Retail
$658.8K
$576.5K – $768.6K
NOI $46,116 @ 7.0% cap · market cap 4,611,600.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$833.6K
$729.4K – $972.6K
NOI $58,353 @ 7.0% cap · market cap 5,835,300.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
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Business Placement
Demographics for 43209, OH
27,727
Population
12,689
Households
2.2
Avg Household Size
37
Median Age
57%
College-Educated
96%
High-School Grad
6.1 sq mi
ZIP Area
4,545
Density / Sq Mi
$88,155
Median Household Income
$48,128
Median Earnings
$1,105
Median Rent
$373,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Columbus, OH
Properties on Market for Retail space in Columbus
Vacancy Rate% for Retail in Columbus, OH
Frequently Asked Questions
What type of property is this?
Retail space - Approximately 4,000 square feet with some parking and potential shared use of a dock door.
Where is this retail space located?
The property is located at 2850 E Main Street Columbus, OH.
What are key features of this property?
This property features: Approximately 4,000 square feet; Some parking available; Possible shared use of a dock door
