Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Short North Mixed-Use Asset Title is generated by Realmo AI

    842 N High St, Columbus, OH 43215

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Mixed-use property in Short North Arts District with income potential.

    Type:Mixed Use
    Property size:
    13,670 SF
    Price / SF:
    $299/SF
    Added:
    Mar 13, 2026
    Days on Market:
    60
    Last Refresh:
    Mar 19 at 11:16 pm

    Property Features for 842 N High St

    General Information

    Standard status
    Active
    Size
    13,670 SF
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Alex Marsh
    Alex Marsh

    Listing agent Alex Marsh License #2013002225

    Listing office The Robert Weiler Company

    Listing date Mar 13, 2026

    Source Crexi

    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 The Robert Weiler Company

    HighLights

    • Prime Short North location in Columbus' vibrant Arts District.
    • Mixed‑use property with 8 renovated apartments and 2 retail spaces.
    • 6.7% Cap Rate.
    • Stable in‑place income with rent‑growth potential.
    • Private off‑street parking.
    • Established Asian restaurant and long‑term retail tenant.

    Overview

    This mixed-use property is located in the Short North Arts District of Columbus. The building includes 8 renovated apartment units situated above two retail spaces. One retail space is occupied by an established Asian restaurant, and the other by a long-term retail tenant. The property provides income and rent-growth potential across the residential and commercial spaces. Off-street parking is located behind the building. The property is surrounded by restaurants, boutiques, nightlife, and ongoing development. The property size is 13670 square feet.
    Location Intelligence

    Current Use by Public Records

    Advance Car Title ... Loan Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -82.9967769
    Latitude
    39.9449921

    Nearby Similar for Sale

    • $489,900
      3,200 SF

      Turnkey Four-Unit Investment Opportunity

      Four-unit property with renovated units and value-add potential.
      1524 Genessee Avenue, Columbus, OH 43211
      View Details
    • $675,000
      6,569 SF

      Spacious Multi-Unit Property in Columbus

      Four-unit property with renovation potential and modern architectural designs.
      143 S Garfield Ave, Columbus, OH 43205
      View Details
    • $548,000
      3,240 SF

      Minerva Park Office Building Opportunity

      Two-story office building in Minerva Park with dual-use flexibility.
      2505 Woodley Road, Columbus, OH 43231
      View Details
    • $75,000
      6,320 SF

      Retail Space in Columbus, OH

      Retail space with full inventory in Columbus, Ohio.
      4996 Lindora Drive, Columbus, OH 43232
      View Details
    • $379,900

      Renovated Duplex in Worthington Schools

      Updated duplex with new roof and furnaces in Columbus, OH.
      1169-1171 Eastfield Road, Columbus, OH 43085
      View Details
    • $3,500,000
      30,746 SF

      Renovated Flex Building in Columbus

      31,656 SF renovated flex building near Downtown Columbus.
      1025 E 5th Avenue, Columbus, OH 43201
      View Details
    • $440,000
      2,400 SF

      Renovated Triplex in Columbus, OH

      Turnkey triplex with renovated units, ideal for investors or owner-occupants.
      1530 Genessee Avenue, Columbus, OH 43211
      View Details
    • $349,900

      Multi-Family Near Glen Echo Park

      Multi-family home near Glen Echo Park with income potential.
      2521 Glenmawr Avenue, Columbus, OH 43202
      View Details
    • $445,000

      New Construction Ranch Duplex

      New construction duplex with tax abatement until 2038.
      1282 Lockbourne Road, Columbus, OH 43206
      View Details
    • $365,000
      3,800 SF

      Renovated Two-Unit Home

      Fully renovated two-unit home with six beds and six baths.
      107 Midland Avenue, Columbus, OH 43223
      View Details
    • $435,000

      Columbus Duplex with Buildable Lot

      Duplex near university, airport, and downtown with buildable lot.
      2263-2265 Leonard Avenue, Columbus, OH 43219
      View Details
    • $999

      Columbus Office Space for Sale

      Office space in remodeled building with exterior entrance.
      50 Old Village Road, Columbus, OH 43228
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Short North Arts District with income potential.
    Where is this mixed-use property located?
    The property is located at 842 N High St Columbus, OH.
    What is the asking price?
    The asking price for this property is $4,100,000.
    What are key features of this property?
    This property features: Prime Short North location in Columbus' vibrant Arts District.; Mixed‑use property with **8 renovated apartments and 2 retail spaces**.; **6.7% Cap Rate**.
    (614) 221-4286 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Alex Marsh
    Alex Marsh
    Real Estate License ID: 2013002225
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    842 N High St, Columbus, OH 43215
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!