Remodeled Salon/Spa Office
7211 Sawmill Road # C Dublin Dublin, OH 43016
7211 Sawmill Road # C Dublin, Dublin, OH, 43016
$450,000
For Sale
$450,000
Remodeled second-floor suite configuration with 9 salon/spa-ready units, including shared amenities and elevator service.
Property Size2,270 SF
Price / SF$198.24
Days on Market15
Property Features for 7211 Sawmill Road # C Dublin
General Information
- Standard status
- Active
- Size
- 2,270 SF
Building Details
- Year Built
- 1985
Listing agency
(614) 660-5959
Listed by
Joe Herban
(614) 660-5959
Source
Movenowohio
Added: Jul 7 Updated: Jul 21 at 5:37AM Checked: Jul 21 at 5:37AM
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 Joe Herban
Investment Insights
Based on property information with market context.
This newly remodeled second-floor space is designed for the salon and spa industry, offering a total of nine individual suites. Each suite can be rented, with 8 of 9 currently leased under one-year terms. The building has an elevator that was replaced about one to two years ago.
The floor plan includes three bathrooms, a kitchenette, two waiting areas, and a laundry room to support day-to-day operations across the suites. The remaining ninth suite can be leased based on the purchase price.
As currently configured, the property provides a multi-suite office arrangement tailored to wellness-style uses, with separate suite renting within the same second-floor setting.
The floor plan includes three bathrooms, a kitchenette, two waiting areas, and a laundry room to support day-to-day operations across the suites. The remaining ninth suite can be leased based on the purchase price.
As currently configured, the property provides a multi-suite office arrangement tailored to wellness-style uses, with separate suite renting within the same second-floor setting.
Key Highlights
- Remodeled 2nd‑floor salon/spa suite configuration with 9 suites; each suite can be rented
- 8 of 9 suites are currently rented; 1 year lease terms for all suites
- Each suite includes access to 3 shared bathrooms and has a kitchenette, 2 waiting areas, and a laundry room
Local 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 | $49.0k | $21.60 |
| − Vacancy | −$11.8k | −$5.18 |
| EGI | $37.3k | $16.42 |
| − OpEx | −$9.3k | −$4.10 |
| NOI | $27.9k | $12.31 |
2,270 SF · lease $21.60/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$399.3K
$349.4K – $465.8K
NOI $27,948 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$462.8K
$404.9K – $539.9K
NOI $32,395 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ortho-Spine Rehabilitation Center: ...
Physician
Ortho-Spine Rehabilitation Center
Physician
Dr. Craig L ...
Physician
Capital Foot Care ...
Physician
Body Mods by ...
Tattoo & Piercing Shop
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FAQs
What type of property is this?
Office units - Remodeled second-floor suite configuration with 9 salon/spa-ready units, including shared amenities and elevator service.
Where is this office units located?
The property is located at 7211 Sawmill Road # C Dublin Dublin, OH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Remodeled 2nd‑floor salon/spa suite configuration with 9 suites; each suite can be rented; 8 of 9 suites are currently rented; 1 year lease terms for all suites; Each suite includes access to 3 shared bathrooms and has a kitchenette, 2 waiting areas, and a laundry room
