Office Warehouse with Eight
New
For Sale
$1,000,000
578 E Main St, Columbus, OH 43215
Meeting rooms and marked on-site parking support a mix of administrative and warehouse functions.
Property Size7,500 SF
Price / SF$133.33
Days on Market2
Property Features for 578 E Main St
General Information
Standard status
Active
Size
7,500 SF
Total Parking Spaces
18
Warehouse & Industrial
Clear Height
14 ft
Warehouse Space
2,500 SF
Drive-In Doors
1
Building Details
Buildings
1
Building Size
7,500 SF
Listing Agency:
Koon Property Group
Listed By:
Owen Heisey
(614) 461-5610
Source:
El1tecollective
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 7 at 12:19PM
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 Koon Property Group
Investment Insights
Based on property information with market context.
This 7,500-square-foot office warehouse is configured with eight individual offices, two larger meeting rooms, and an approximately 2,500-square-foot warehouse area. The warehouse has one drive-in door and approximately 14 feet of clearance. A dock-height door could be re-created.
Key Highlights
- 7,500 square feet with eight individual offices and two larger meeting rooms
- Approximately 2,500‑square‑foot warehouse area
- One drive‑in door and approximately 14 feet of clearance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,650
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,733,000
$1.7M
Cap Rate 7%
$1,237,857
$1.2M
Cap Rate 9%
$962,778
$962.8K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$148.5K $19.80/SF
− Vacancy
−$33.0K −$4.40/SF
EGI
$115.5K $15.40/SF
− OpEx
−$28.9K −$3.85/SF
NOI
$86.6K $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%
$1,733,000
Cap Rate 7%
$1,237,857
Cap Rate 9%
$962,778
Alternative Uses
Best Use
Office B
$1.24M
$1.08M – $1.44M
NOI $86,650 @ 7.0% cap · market cap 8.67%
Second Best
Mixed Use
$1.23M
$1.08M – $1.43M
NOI $86,063 @ 7.0% cap · market cap 8.61%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,413 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
5,127
Businesses Nearby
Explore this area
Business Placement
Demographics for 43215, OH
20,761
Population
13,428
Households
1.5
Avg Household Size
32
Median Age
71%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
4,071
Density / Sq Mi
$74,469
Median Household Income
$59,521
Median Earnings
$1,487
Median Rent
$508,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Columbus, OH
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Meeting rooms and marked on-site parking support a mix of administrative and warehouse functions.
Where is this mixed-use property located?
The property is located at 578 E Main St Columbus, OH.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 7,500 square feet with eight individual offices and two larger meeting rooms; Approximately 2,500‑square‑foot warehouse area; One drive‑in door and approximately 14 feet of clearance
