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Renovated Brick Office Condominium
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61 W Bridge St, Dublin, OH 43017

Renovated second-floor offices with ADA elevator and dedicated lobby for owner-occupants needing downtown access.

Property Size5,944 SF
Price / SF$286
Days on Market53

Property Features for 61 W Bridge St

General Information

Standard status Active
Size 5,944 SF
Property subtype OFFICE
Listing Agency: Elford Realty, Inc
Listed By: Andy Mills, SIOR, CCIM
Source: Moodyscre
Added: Jun 15 Changed: Jul 10 Last Checked: Jul 21 at 5:32AM

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 Elford Realty, Inc

Investment Insights

Based on property information with market context.

This renovated second-floor brick office condominium provides a practical layout with a mix of private offices and open areas. The property is set up for efficient use with its own dedicated lobby and ADA-accessible elevator, supporting straightforward arrival and day-to-day operations.

The building is positioned on a prominent corner lot, offering views and potential for signage along Bridge Street. Access is supported by nearby public parking, along with 29+ assigned parking spaces available at $750/month.

Located in downtown Dublin, the property is within walking distance of restaurants, shops, bars, the Dublin Library, and the pedestrian bridge to Bridge Park over the Scioto River. This combination of configuration, accessibility, and convenient parking makes the space well-suited for professional offices seeking a downtown presence with an owner-occupant friendly setup.

Key Highlights

  • Recently renovated second‑floor brick office condominium with a mix of private offices and open areas
  • Dedicated lobby plus an ADA‑access elevator for tenant convenience and accessibility
  • Corner lot location with Bridge Street signage potential

Financial Insights For Office B

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 $128.4k $21.60
− Vacancy −$30.8k −$5.18
EGI $97.6k $16.42
− OpEx −$24.4k −$4.10
NOI $73.2k $12.31
5,944 SF · lease $21.60/SF/yr · vacancy 24.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.05M
$914.8K – $1.22M (±1% cap)
NOI $73,183 @ 7.0% cap · market cap 4.30%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,827 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

xcelasone Training Center Xcelerate Media Film Production XMS Training Center

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Building Supply Electrical Service Grocery & Convenience 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

1,296
Businesses Nearby

Demographics for 43017, OH

43,619
Population
16,819
Households
2.6
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
16.1 sq mi
ZIP Area
2,709
Density / Sq Mi
$133,116
Median Household Income
$67,448
Median Earnings
$1,563
Median Rent
$475,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Renovated second-floor offices with ADA elevator and dedicated lobby for owner-occupants needing downtown access.
Where is this office units located?
The property is located at 61 W Bridge St Dublin, OH.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Recently renovated second‑floor brick office condominium with a mix of private offices and open areas; Dedicated lobby plus an ADA‑access elevator for tenant convenience and accessibility; Corner lot location with Bridge Street signage potential
(614) 582-5521 Call to check price and availability
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