Medical Office and Counseling
845 West Broad Street Columbus, OH 43222
845 West Broad Street, Columbus, OH, 43222
Contact for pricing
For Sale
Contact for pricing
Recently renovated office space at 845 West Broad Street includes private offices, conference rooms, and waiting areas.
Property Size5,867 SF
Price / SF$185.61
Days on Market20
Property Features for 845 West Broad Street
General Information
- Standard status
- Active
- Size
- 5,867 SF
- Property subtype
- Office
Listing agency
Coldwell Banker Commercial Aspire Realty Services
(614) 341-9800
Listed by
Bill Davis · License #OH
Source
Crexi
Added: Jul 2 Updated: Jul 20 at 5:28PM Checked: Jul 21 at 7:05AM
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
Investment Insights
Based on property information with market context.
The property at 845 West Broad Street in Columbus includes recently renovated office space configured with a mix of private offices, conference rooms, and open work areas, along with admin/reception and large waiting areas. The building history includes use as a medical building and later as counseling services. Main office building totals 4,607 SF, with a second building totaling 1,260 SF, which could be utilized for office or residential use.
Situated on West Broad Street in Franklinton, the address is described as having immediate access to I-70 and SR-315. The property is also noted as being just over a mile from Downtown Columbus and is located within an opportunity zone.
Offered for sale, the two-building configuration provides separate space for office uses and a flexible second building option.
Situated on West Broad Street in Franklinton, the address is described as having immediate access to I-70 and SR-315. The property is also noted as being just over a mile from Downtown Columbus and is located within an opportunity zone.
Offered for sale, the two-building configuration provides separate space for office uses and a flexible second building option.
Key Highlights
- 5,867 SF of recently renovated office space at 845 W Broad St in Franklinton
- Space layout includes private offices, conference rooms, open work areas, admin/reception, and large waiting areas
- Main office building is 4,607 SF, plus a second building with 1,260 SF
Local Financial Insights For Healthcare Medical
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 | $126.7k | $21.60 |
| − Vacancy | −$10.1k | −$1.73 |
| EGI | $116.6k | $19.87 |
| − OpEx | −$46.6k | −$7.95 |
| NOI | $70.0k | $11.92 |
5,867 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$999.3K
$874.4K – $1.17M
NOI $69,953 @ 7.0% cap · market cap 6.42%
Second Best
Office B
$968.3K
$847.3K – $1.13M
NOI $67,783 @ 7.0% cap · market cap 6.22%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Recently renovated office space at 845 West Broad Street includes private offices, conference rooms, and waiting areas.
Where is this office building located?
The property is located at 845 West Broad Street 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: 5,867 SF of recently renovated office space at 845 W Broad St in Franklinton; Space layout includes private offices, conference rooms, open work areas, admin/reception, and large waiting areas; Main office building is 4,607 SF, plus a second building with 1,260 SF
