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Office Suite with Meeting Room
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5300 E Main Street 5320 - 500 & 600, Columbus, OH 43213

Main-floor space offers private offices, support rooms, and the option to divide the layout into two suites.

Property Size18,144 SF
Price / SF$0.21
Days on Market134

Property Features for 5300 E Main Street 5320 - 500 & 600

General Information

Standard status Active
Size 18,144 SF
Property subtype Office

Space & Availability

Floor Main Floor
Condition Move-in Ready

Site & Location

Neighborhood Far East

Additional Details

Property Use Office

Amenities

Three private offices
Spacious conference/meeting room
Breakout room with sink and refrigerator
Two private restrooms
Shower facility

Building Details

Year Built 1973
Listing Agency: Live Well Home Group
Listed By: Amber Herbster
Source: Livewellhomegrp
Added: Jun 18 Changed: Oct 29 Last Checked: Oct 28 at 1:26PM

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 Live Well Home Group

Rey
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Investment Insights

Based on property information with market context.

This 2,618-square-foot office suite occupies the main floor of a building constructed in 1973 at 5300 E Main Street in Columbus. Its layout includes three private offices, a conference room, and a separate breakout room equipped with a sink and refrigerator. Two private restrooms and a shower facility are also provided.

The suite can be configured as two separate spaces. The listed uses include office, professional services, medical, counseling, educational, and administrative operations. Parking is available on site.

Key Highlights

  • 2,618‑square‑foot office suite on the main floor
  • Three private offices and a conference room
  • Breakout room includes a sink and refrigerator

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$209,623
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,192,460 $4.2M
Cap Rate 7%
$2,994,614 $3.0M
Cap Rate 9%
$2,329,144 $2.3M
Market Conditions
NOI Build-Up for 18,144 SF
Gross rent
$359.3K $19.80/SF
− Vacancy
−$79.8K −$4.40/SF
EGI
$279.5K $15.40/SF
− OpEx
−$69.9K −$3.85/SF
NOI
$209.6K $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%
$4,192,460
Cap Rate 7%
$2,994,614
Cap Rate 9%
$2,329,144

Alternative Uses

Best Use
Office B
$2.99M
$2.62M – $3.49M (±1% cap)
NOI $209,623 @ 7.0% cap · market cap 5,374.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.78M
$3.31M – $4.41M (±1% cap)
NOI $264,691 @ 7.0% cap · market cap 6,786.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

The Needleman Law Office Law Firm Tullos Johnson J Law Firm Mc Cloud William ... Physician Bertner Warren L Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby

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

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

Frequently Asked Questions

What type of property is this?
Office unit - Main-floor space offers private offices, support rooms, and the option to divide the layout into two suites.
Where is this office unit located?
The property is located at 5300 E Main Street 5320 - 500 & 600 Columbus, OH.
What are key features of this property?
This property features: 2,618‑square‑foot office suite on the main floor; Three private offices and a conference room; Breakout room includes a sink and refrigerator
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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