End-Unit Office
For Sale
$339,900
824 S High Street #3, Columbus, OH 43206
A private entrance, flexible conference room, and two upper-level offices support professional use.
Property Size1,200 SF
Price / SF$283.25
Days on Market107
Property Features for 824 S High Street #3
General Information
Standard status
Active
Size
1,200 SF
Total Parking Spaces
2
Property subtype
Office
Site & Location
Neighborhood
German Village
Additional Details
Office Units
1
Property Use
Office
Amenities
private entrance
decorative fireplace
stained-glass window
French doors
newly remodeled kitchen
full basement
Building Details
Year Built
1984
Construction
brick
Listing Agency:
Live Well Home Group
Listed By:
Amber Herbster
(614) 300-5326
Source:
Livewellhomegrp
Added: Jul 16
Changed: Oct 28
Last Checked: Oct 28 at 3:05PM
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 Live Well Home Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot brick office unit has a private entrance and an end-unit position. Interior features include hardwood flooring, a decorative fireplace, a stained-glass window, and a flexible room suited to conference or private-office use. The kitchen has quartz counters, a bar sink, a GE mini fridge, and open shelving. Two offices with closet storage occupy the upper level; additional features include a half bath and full basement storage.
At 824 S High Street in Columbus, the property is in the Brewery District, near restaurants, cafes, and neighborhood amenities. German Village is adjacent, and Schiller Park is nearby. Two off-street parking spaces are included. The property is intended for professional office use and is not zoned for retail.
At 824 S High Street in Columbus, the property is in the Brewery District, near restaurants, cafes, and neighborhood amenities. German Village is adjacent, and Schiller Park is nearby. Two off-street parking spaces are included. The property is intended for professional office use and is not zoned for retail.
Key Highlights
- 1,200‑square‑foot brick office unit in an end‑unit configuration
- Private entrance and two upper‑level offices with closet storage
- Flexible conference or private‑office room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,864
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,280
$277.3K
Cap Rate 7%
$198,057
$198.1K
Cap Rate 9%
$154,044
$154.0K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$23.8K $19.80/SF
− Vacancy
−$5.3K −$4.40/SF
EGI
$18.5K $15.40/SF
− OpEx
−$4.6K −$3.85/SF
NOI
$13.9K $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%
$277,280
Cap Rate 7%
$198,057
Cap Rate 9%
$154,044
Alternative Uses
Best Use
Office B
$198.1K
$173.3K – $231.1K
NOI $13,864 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$250.1K
$218.8K – $291.8K
NOI $17,506 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,727
Businesses Nearby
Explore this area
Business Placement
Demographics for 43206, OH
21,594
Population
12,758
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
94%
High-School Grad
3.0 sq mi
ZIP Area
7,198
Density / Sq Mi
$74,421
Median Household Income
$52,603
Median Earnings
$1,339
Median Rent
$280,400
Median Home Value
Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Office unit - A private entrance, flexible conference room, and two upper-level offices support professional use.
Where is this office unit located?
The property is located at 824 S High Street #3 Columbus, OH.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 1,200‑square‑foot brick office unit in an end‑unit configuration; Private entrance and two upper‑level offices with closet storage; Flexible conference or private‑office room
