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Rehabilitated Office Building
For Sale
Contact for pricing
Pending

3887 Indianola Ave, Columbus, OH 43214

Rehabilitated office building with new electrical, plumbing, and roof, plus separate HVAC in place for multi-suite use.

Property SizeContact for details
Days on Market151

Property Features for 3887 Indianola Ave

General Information

Standard status Pending
Property subtype Office

Building Details

Stories 3
Tenancy Single
Listing Agency: RE/MAX Premier Choice
Listed By: Thomas P. Piolata · License #259705
Source: Crexi
Added: Apr 11 Changed: Aug 24 Last Checked: Sep 8 at 6:44AM

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 RE/MAX Premier Choice

Investment Insights

Based on property information with market context.

This rehabilitated office building was totally gutted and rehabbed approximately 10 years ago with new electrical, plumbing, and roof work completed. The property was recently used by a single business, and the existing layout supports conversion into multiple businesses.

With HVAC already in place for separate operation, the building can be configured to accommodate up to three separate businesses, with one on each floor. This flexibility makes the property well-suited for an owner-occupant seeking partitioning or a buyer looking for a multi-tenant office setup.

The building’s current condition and systems upgrades are positioned to reduce near-term capital concerns, given the scope of the prior rehabilitation and the availability of separate HVAC for each floor.

Key Highlights

  • Building was totally gutted and rehabbed about 10 years ago
  • Rehab included new electric, plumbing, and roof
  • Currently used as space for a single business, but can be converted for up to 3 separate businesses

Property Analytics

Current Use

The Wellness Lab Alternative Medicine Practice Alexander Center for Muscle ... Alternative Medicine Practice Guiding Purpose Counseling, ... Crisis Center Alexander Chiropractic Alternative Medicine Practice Root's & Rose's Massage, ... Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Real Estate Agency Nail Salon Hair Salon Parking Lot & Garage Restaurant

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby

Demographics for 43214, OH

26,805
Population
14,343
Households
1.9
Avg Household Size
41
Median Age
65%
College-Educated
98%
High-School Grad
6.8 sq mi
ZIP Area
3,942
Density / Sq Mi
$92,838
Median Household Income
$60,164
Median Earnings
$1,189
Median Rent
$371,200
Median Home Value

Market

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 building - Rehabilitated office building with new electrical, plumbing, and roof, plus separate HVAC in place for multi-suite use.
Where is this office building located?
The property is located at 3887 Indianola Ave Columbus, OH.
What are key features of this property?
This property features: Building was totally gutted and rehabbed about 10 years ago; Rehab included new electric, plumbing, and roof; Currently used as space for a single business, but can be converted for up to 3 separate businesses
More about this property
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