725 Bellows Ave, Columbus, OH 43222
Renovating four-story office with exposed brick, soaring ceilings, and abundant natural light plus on-site parking.
- Added:
- Jun 8, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 13 at 4:15 am
Property Features for 725 Bellows Ave
General Information
- Standard status
- Active
- Size
- 41,000 SF
- Property subtype
- OFFICE
Properties For Sale
at 725 Bellows Ave Contact usListing agent Ryan McHugh License #2019002855 (614) 940-2978
Listing office Allied Real Estate Advisors (614) 940-2978
Listing date Jun 8, 2026
Source Moodyscre
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HighLights
- Historic four‑story office building currently undergoing a full renovation
- Exposed brick and soaring ceilings with all‑new windows for abundant natural light
- Large surface lot with free on‑site parking
- Prominent signage opportunity with visibility from SR‑315
Overview
The property offers a large surface lot with free on-site parking for tenants, customers, and visitors. It also includes a prominent signage opportunity with exceptional visibility from SR-315.
For investors or owner-occupants seeking a renovated, character-rich office environment, the building’s combination of historic detailing and modernized envelope elements supports a range of creative and professional tenant uses. The availability of free on-site parking helps streamline day-to-day access, while the visibility from SR-315 can support tenant branding and street-facing presence. The current renovation status provides a clear path toward readying the asset for occupancy following completion of improvements.
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 | $811.8k | $19.80 |
| − Vacancy | −$180.2k | −$4.40 |
| EGI | $631.6k | $15.40 |
| − OpEx | −$157.9k | −$3.85 |
| NOI | $473.7k | $11.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -83.0182528
- Latitude
- 39.9528273