Retail/Office
For Sale
$1,035,000
839-845 W Broad St, Columbus, OH 43222
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
Days on Market95
Property Features for 839-845 W Broad St
General Information
Standard status
Active
Size
5,867 SF
Class
C
Property subtype
Office
Site & Location
Neighborhood
Franklinton
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
5,867 SF
Year Built
1926
Listing Agency:
NAI | Ohio Equities
Listed By:
John Mally · License #2013004679
(614) 570-7804
Source:
Ohioequities
Added: Jul 27
Changed: Oct 25
Last Checked: Oct 28 at 4:50AM
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 NAI | Ohio Equities
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$67,783
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,355,660
$1.4M
Cap Rate 7%
$968,329
$968.3K
Cap Rate 9%
$753,144
$753.1K
Market Conditions
NOI Build-Up for 5,867 SF
Gross rent
$116.2K $19.80/SF
− Vacancy
−$25.8K −$4.40/SF
EGI
$90.4K $15.40/SF
− OpEx
−$22.6K −$3.85/SF
NOI
$67.8K $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%
$1,355,660
Cap Rate 7%
$968,329
Cap Rate 9%
$753,144
Alternative Uses
Best Use
Office B
$968.3K
$847.3K – $1.13M
NOI $67,783 @ 7.0% cap · market cap 6.55%
Second Best
Retail
$966.3K
$845.5K – $1.13M
NOI $67,641 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,590 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,290
Businesses Nearby
Explore this area
Business Placement
Demographics for 43222, OH
4,124
Population
2,311
Households
1.8
Avg Household Size
34
Median Age
16%
College-Educated
73%
High-School Grad
1.4 sq mi
ZIP Area
2,946
Density / Sq Mi
$36,440
Median Earnings
$752
Median Rent
$215,900
Median Home Value
Market
Vacancy Rate% for Office in Columbus, OH
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 $1,035,000.
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
