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Historic German Village Commercial Property

543 S High St Columbus, OH

543 S High St, Columbus, OH, 00000
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Prime commercial property in Columbus's historic German Village.

Property Size8,693 SF
Lot Size0.09 Acres
Price / SF$345.11
AddedAug 11, 2025
Days on Market340
Last RefreshJul 15 at 4:25 pm

Property Features for 543 S High St

General Information

Standard status
Active
Size
8,693 SF
Lot size
0.09 Acres
Property subtype
RETAIL

Listing office Matthews Real Estate Investment Services | Cleveland

Listing date Aug 11, 2025

Source Moodyscre

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 Matthews Real Estate Investment Services | Cleveland


Investment Insights

Based on property information with market context.

Located in the historic German Village of Columbus, just south of Downtown and near the Brewery District, this property offers a vibrant setting with bars, restaurants, and entertainment. The neighborhood is characterized by its well-preserved brick streets, historic homes, and well-maintained gardens and landscaping. The property, currently zoned for mixed-use commercial, presents diverse opportunities. The site can be delivered vacant, providing a blank slate for new ventures. Columbus is a top 10 metro in the US for the concentration of young professionals and ranks number 1 in the Midwest for millennial migration, with over 100,000 people added in the last decade. The area is experiencing growth with notable projects and companies such as Intel, Meta, Hyperion, Sarepta Biotech, ADS HQ Expansion, Google, and Vertiv, along with several new headquarters, thousands of jobs, and hundreds of millions of dollars in investment. The property has a size of 8693 square feet.

Key Highlights

  • Vacant property in historic German Village, a blank slate for development.
  • Zoned for mixed‑use commercial, providing diverse opportunity.
  • Prime location near the Brewery District, with access to bars, restaurants, and entertainment.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $156.5k $18.00
− Vacancy −$13.3k −$1.53
EGI $143.2k $16.47
− OpEx −$43.0k −$4.94
NOI $100.2k $11.53
8,693 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,222 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.81M
$1.59M – $2.11M (±1% cap)
NOI $126,817 @ 7.0% cap · market cap 4.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Classic Pizza Restaurant Fresh Start Yoga Gym & Fitness Center

Suggested Use

(Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Supermarket Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Jewelweed — 391 w rich st, columbus, oh 43215
  • Blumen — 251 E Livingston Ave, Columbus, OH 43215
  • Village Petals Inc — 573 S Grant Ave, Columbus, OH 43206
  • Vessel Floral and Event Design — 539 S 5th St, Columbus, OH 43206
  • Kroger Floral — 150 W Sycamore St, Columbus, OH 43215

FAQs

What type of property is this?
Storefront property - Prime commercial property in Columbus's historic German Village.
Where is this storefront property located?
The property is located at 543 S High St Columbus, OH.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Vacant property in historic German Village, a blank slate for development.; Zoned for mixed‑use commercial, providing diverse opportunity.; Prime location near the Brewery District, with access to bars, restaurants, and entertainment.
Contact an agent
(216) 778-9881 Call to check price and availability
More about this property
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