Retail/Office
839-845 W Broad St Columbus, OH 43222
For Sale
Contact for pricing
Retail and office space at 839-845 W Broad St, with access to major regional routes I-70 and SR-315.
Property Size5,867 SF
Price / SF$185.61
Days on Market29
Property Features for 839-845 W Broad St
General Information
Standard status
Active
Size
5,867 SF
Property subtype
OFFICE
Listing Agency:
Coldwell Banker Commercial - Aspire Realty Services | Columbus
(614) 588-7561
Listed By:
Bill Davis
(614) 588-7561
Source:
Moodyscre
Added: Jul 1
Changed: Jul 28
Last Checked: Jul 28 at 4:05AM
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 Coldwell Banker Commercial - Aspire Realty Services | Columbus
Investment Insights
Based on property information with market context.
This retail/office property is located at 839-845 W Broad St in Franklinton, offering a mixed-use address with both retail and office space. The building is positioned along West Broad Street, a major corridor in the area.
The property also benefits from convenient access to I-70 and SR-315 for regional connectivity. Franklinton is described as continuing to evolve with investment activity along Broad Street, additional residential development, and growth in arts, dining, and related daytime and residential population.
The asset size is approximately 5,867 square feet. Suitable for buyers seeking a combined retail and office configuration with corridor visibility and straightforward access to key highways.
The property also benefits from convenient access to I-70 and SR-315 for regional connectivity. Franklinton is described as continuing to evolve with investment activity along Broad Street, additional residential development, and growth in arts, dining, and related daytime and residential population.
The asset size is approximately 5,867 square feet. Suitable for buyers seeking a combined retail and office configuration with corridor visibility and straightforward access to key highways.
Key Highlights
- Retail/office address at 839‑845 W Broad St in Franklinton
- Visibility along W Broad St in a heavily trafficked corridor
- Just over a mile from Downtown Columbus
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 | $116.2k | $19.80 |
| − Vacancy | −$25.8k | −$4.40 |
| EGI | $90.4k | $15.40 |
| − OpEx | −$22.6k | −$3.85 |
| NOI | $67.8k | $11.55 |
5,867 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$968.3K
$847.3K – $1.13M
NOI $67,783 @ 7.0% cap · market cap 6.22%
Second Best
Retail
$966.3K
$845.5K – $1.13M
NOI $67,641 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,590 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Retail and office space at 839-845 W Broad St, with access to major regional routes I-70 and SR-315.
Where is this office building located?
The property is located at 839-845 W Broad St Columbus, OH.
What is the asking price?
The asking price for this property is $1,089,000.
What are key features of this property?
This property features: Retail/office address at 839‑845 W Broad St in Franklinton; Visibility along W Broad St in a heavily trafficked corridor; Just over a mile from Downtown Columbus
