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    512 Park St Columbus, OH 43215

    For Lease
    $12 SF/Yr ($4,801 /Mo)

    4,801 SF Warehouse/Flex/Retail Space

    Lot size:
    4,801 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4,801 square foot commercial property located at 512 N. Park St, Columbus, OH 43215, offers a unique blend of warehouse, flex, and retail space. Situated on a 0.11-acre lot, this single-tenant building boasts a spacious open layout perfect for diverse business needs. The high ceilings, measuring 16 feet, provide ample vertical space, while a convenient rear overhead door enhances functionality for warehouse or flex operations. Previously occupied by the Columbus Children's Theatre, this property benefits from high visibility and accessibility within a vibrant urban area. Its adaptable design makes it suitable for a wide range of commercial ventures, from retail establishments to industrial businesses requiring flexible space. The property's prime location in Columbus, Ohio offers excellent access to transportation networks and a strong local market. This is a rare opportunity to acquire a versatile commercial space in a thriving city center. The property is ready for immediate occupancy, presenting a significant advantage for businesses seeking a quick and efficient transition. Don't miss this chance to secure a dynamic and adaptable space for your business's future growth.

    Property Features for 512 Park St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,801 SF
    Total Rate
    4801

    Unit(s) available at that property

    Space
    512 N. Park St
    Size
    4,801 SF
    Rate per SF
    $12

    HighLights

    • High‑traffic location in the heart of Columbus, ideal for commercial tenants.
    • Minutes from the Short North Arts District, offering high foot traffic and diverse clientele.
    • Proximity to the Greater Columbus Convention Center and Nationwide Arena ensures consistent customer flow.
    • Vibrant atmosphere and prime location for business success.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.004554839314
    Latitude
    39.972621302695

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    FAQs

    What type of property is this?
    Flex space - 4,801 SF Warehouse/Flex/Retail Space
    Where is this flex space located?
    The property is located at 512 Park St Columbus, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location in the heart of Columbus, ideal for commercial tenants.; Minutes from the Short North Arts District, offering high foot traffic and diverse clientele.; Proximity to the Greater Columbus Convention Center and Nationwide Arena ensures consistent customer flow.
    Request Owner's contact information
    512 Park St Columbus, OH 43215
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    Realmo Value Estimation

    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.

    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.

    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
    512 Park St Columbus, OH 43215
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