Medical Office with 10 Exam
4677 E Main St, Columbus, OH 43213
For Sale
Contact for pricing
A two-level clinical layout includes patient areas, physician offices, a lab, staff workspaces, and on-site parking.
Property Size6,638 SF
Price / SF$211.82
Days on Market16
Property Features for 4677 E Main St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Sprinkler System
Property Use
Medical Specialty
Building Details
Year Built
Buildings
Stories
Building Size
Tenancy
Owner Occupied
Listing Agency:
Hanna Commercial Real Estate | Central Ohio
(614) 888-3456
Listed By:
Timothy Weber · License #2005010057
(614) 374-5600
Source:
Moodyscre
Added: Oct 23
Changed: Nov 4
Last Checked: Nov 6 at 10:44AM
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 Hanna Commercial Real Estate | Central Ohio
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical office building, constructed in 1996, provides 4,485 square feet on the main level and 2,153 square feet below. The main floor has 10 exam rooms, a reception and waiting area, staff offices and open work areas, two private physician offices, two restrooms, a lab, and a kitchen. The lower level includes another restroom with a shower, several storage areas, and a mechanical room. The building is sprinklered and has on-site parking for staff and patients.
The property is on E Main St in East Columbus, with access to I-70 and I-270. The corridor carries more than 19,000 vehicles per day.
The property is on E Main St in East Columbus, with access to I-70 and I-270. The corridor carries more than 19,000 vehicles per day.
Key Highlights
- 10 exam rooms on the main level
- 4,485 SF main level plus 2,153 SF lower level
- Two private physician offices, lab, kitchen, and staff work areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,476
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,069,520
$1.1M
Cap Rate 7%
$763,943
$763.9K
Cap Rate 9%
$594,178
$594.2K
Market Conditions
NOI Build-Up for 4,485 SF
Gross rent
$96.9K $21.60/SF
− Vacancy
−$7.8K −$1.73/SF
EGI
$89.1K $19.87/SF
− OpEx
−$35.7K −$7.95/SF
NOI
$53.5K $11.92/SF
Area
Columbus, OH
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,069,520
Cap Rate 7%
$763,943
Cap Rate 9%
$594,178
Alternative Uses
Best Use
Healthcare Medical
$763.9K
$668.5K – $891.3K
NOI $53,476 @ 7.0% cap · market cap 5.63%
Second Best
Office B
$740.2K
$647.7K – $863.6K
NOI $51,817 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$934.7K
$817.9K – $1.09M
NOI $65,429 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43213, OH
35,105
Population
17,069
Households
2.1
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
3,408
Density / Sq Mi
$53,908
Median Household Income
$37,753
Median Earnings
$1,107
Median Rent
$197,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Medical Office Space in Columbus, OH
Properties on Market for Medical Office Space in Columbus
Vacancy Rate% for Office in Columbus, OH
Similar Off Market Nearby
- Hamilton Road Animal Hospital — 1129 S Hamilton Rd, Columbus, OH 43227
- Johnson Brenda a DVM — 4199 E Main St, Columbus, OH 43213
- Whitehall Animal Hospital Inc — 4199 E Main St, Columbus, OH 43213
Frequently Asked Questions
What type of property is this?
Medical Office Space - A two-level clinical layout includes patient areas, physician offices, a lab, staff workspaces, and on-site parking.
Where is this medical office space located?
The property is located at 4677 E Main St Columbus, OH.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 10 exam rooms on the main level; 4,485 SF main level plus 2,153 SF lower level; Two private physician offices, lab, kitchen, and staff work areas
