Renovated Office
For Sale
Contact for pricing
3070 Riverside Drive #200, Columbus, OH 43221
The suite includes private offices, a kitchenette, a break area, and on-site parking.
Property Size19,936 SF
Price / SF$0.23
Days on Market22
Property Features for 3070 Riverside Drive #200
General Information
Standard status
Active
Size
19,936 SF
Property subtype
Office
Site & Location
Neighborhood
San Margherita
Additional Details
Condition
Second Generation
Property Use
Office
Amenities
kitchenette
breakroom
signage opportunity
Building Details
Year Built
1971
Listing Agency:
Red 1 Realty
(614) 585-9020
Listed By:
Roxy Ponce · License #2020006941
(614) 560-7747
Source:
Livewellhomegrp
Added: Oct 8
Changed: Oct 28
Last Checked: Oct 28 at 3:38PM
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 Red 1 Realty
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Investment Insights
Based on property information with market context.
This renovated office suite is approximately 4,000~ SF, with individual offices, a kitchenette, and a dedicated break area. On-site parking serves the property, and the asphalt was replaced in 2026. Signage opportunities are available along Riverside Drive.
A second office suite, identified as 210, is available for lease on the opposite wing of the top floor.
A second office suite, identified as 210, is available for lease on the opposite wing of the top floor.
Key Highlights
- Approximately 4,000~ SF of renovated office space
- Individual offices, kitchenette, and break area
- On‑site parking; asphalt replaced in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$230,327
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,606,540
$4.6M
Cap Rate 7%
$3,290,386
$3.3M
Cap Rate 9%
$2,559,189
$2.6M
Market Conditions
NOI Build-Up for 19,936 SF
Gross rent
$394.7K $19.80/SF
− Vacancy
−$87.6K −$4.40/SF
EGI
$307.1K $15.40/SF
− OpEx
−$76.8K −$3.85/SF
NOI
$230.3K $11.55/SF
Area
Columbus, OH
Vacancy
22.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,606,540
Cap Rate 7%
$3,290,386
Cap Rate 9%
$2,559,189
Alternative Uses
Best Use
Office B
$3.29M
$2.88M – $3.84M
NOI $230,327 @ 7.0% cap · market cap 5,118.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.15M
$3.64M – $4.85M
NOI $290,833 @ 7.0% cap · market cap 6,462.96%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Explore this area
Business Placement
Demographics for 43221, OH
33,844
Population
15,462
Households
2.2
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
9.5 sq mi
ZIP Area
3,563
Density / Sq Mi
$115,393
Median Household Income
$65,082
Median Earnings
$1,441
Median Rent
$419,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes private offices, a kitchenette, a break area, and on-site parking.
Where is this office unit located?
The property is located at 3070 Riverside Drive #200 Columbus, OH.
What are key features of this property?
This property features: Approximately 4,000~ SF of renovated office space; Individual offices, kitchenette, and break area; On‑site parking; asphalt replaced in 2026
