725 Bellows Ave, Columbus, OH 43222
Four-story office building with renovation underway, natural light, and prominent signage visibility from SR-315.
- Added:
- Jun 9, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 20 at 2:57 am
Property Features for 725 Bellows Ave
General Information
- Standard status
- Active
- Size
- 41,000 SF
- Property subtype
- Office
Listing agent Grant Hartman License #OH 2013-00-2507
Listing office Allied Real Estate Advisors (614) 940-2978
Listing date Jun 9, 2026
Source Crexi
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HighLights
- Historic four‑story office building currently undergoing a full renovation
- Creative workspace features exposed brick and soaring ceilings
- All‑new windows designed to bring abundant natural light into the interiors
- Prominent signage opportunity with visibility from SR‑315
- Large surface lot with free on‑site parking
Overview
The building features a large surface lot with free on-site parking, providing straightforward convenience for employees and visitors. Signage visibility from SR-315 is a key advantage for branding and wayfinding.
For tenants, this renovation-ready office building offers a character-forward environment with high-ceiling spaces and a creative aesthetic centered on exposed brick and daylight. For buyers, it presents an in-progress repositioning of a historic asset into a modernized workplace, with parking on site and a clear exterior communications component through signage visibility from SR-315.
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