Retail Property with Salon
New
For Sale
$724,900
852-854 E Hudson St, Columbus, OH 43211
The renovated space combines salon suites, a barbershop, and a separate commercial garage.
Property Size2,952 SF
Price / SF$245.56
Days on Market5
Property Features for 852-854 E Hudson St
General Information
Standard status
Active
Size
2,952 SF
Property subtype
Commercial
Occupancy
100%
Financials
Asking Price
$724,999
Gross Income
$131,760
Building Details
Year Built
1947
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
Listed By:
Sara W Elford · License #2015002859
(614) 600-6049
Source:
Centralohiohomeguide
Added: Oct 4
Changed: Oct 7
Last Checked: Oct 7 at 2:14PM
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 Realty
Investment Insights
Based on property information with market context.
At 852-854 E Hudson St, this 2,952-square-foot retail property brings together six salon studios, a dedicated barbershop area, and a separate commercial garage. The salon and barber areas have been renovated, and the building dates to 1947. Occupancy is currently 100%, with multiple tenants across the property’s different spaces.
The property is in Columbus, Ohio, on E Hudson Street. Its mix of studio, barber, and garage space offers several distinct commercial components within one building.
The property is in Columbus, Ohio, on E Hudson Street. Its mix of studio, barber, and garage space offers several distinct commercial components within one building.
Key Highlights
- 2,952‑square‑foot retail property
- Six salon studios, a dedicated barbershop area, and a separate commercial garage
- 100% occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,034
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,680
$680.7K
Cap Rate 7%
$486,200
$486.2K
Cap Rate 9%
$378,156
$378.2K
Market Conditions
NOI Build-Up for 2,952 SF
Gross rent
$53.1K $18.00/SF
− Vacancy
−$4.5K −$1.53/SF
EGI
$48.6K $16.47/SF
− OpEx
−$14.6K −$4.94/SF
NOI
$34.0K $11.53/SF
Area
Columbus, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,680
Cap Rate 7%
$486,200
Cap Rate 9%
$378,156
Alternative Uses
Best Use
Retail
$486.2K
$425.4K – $567.2K
NOI $34,034 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$615.2K
$538.3K – $717.8K
NOI $43,065 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
442
Businesses Nearby
Explore this area
Business Placement
Demographics for 43211, OH
23,160
Population
9,956
Households
2.3
Avg Household Size
32
Median Age
11%
College-Educated
77%
High-School Grad
4.7 sq mi
ZIP Area
4,928
Density / Sq Mi
$38,715
Median Household Income
$28,601
Median Earnings
$1,057
Median Rent
$91,600
Median Home Value
Market
Vacancy Rate% for Retail in Columbus, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The renovated space combines salon suites, a barbershop, and a separate commercial garage.
Where is this retail space located?
The property is located at 852-854 E Hudson St Columbus, OH.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: 2,952‑square‑foot retail property; Six salon studios, a dedicated barbershop area, and a separate commercial garage; 100% occupied
