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    1550 5Th Ave Columbus, OH 43212

    Sponsored
    For Lease
    $180 SF/Yr

    Columbus office building, flexible suites.

    Lot size:
    10,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Columbus, Ohio office building, located at 1550 W 5th Ave, offers 10,100 square feet of versatile space in a two-story building. Currently, the entire 10,100 square feet is available for lease, divisible into units ranging from 4,100 to 5,000 contiguous square feet. The property is classified as Class C and was built in 1972, with renovations completed in 1990. The building features a 10-foot ceiling height and ample parking with 50 spaces available. Situated on 0.67 acres of land in the Grandview submarket, this property benefits from a prime location between two signalized intersections, offering excellent visibility and accessibility. The area boasts numerous nearby retailers, restaurants, and financial institutions. Less than three miles from SR 315 and under ten minutes from The Ohio State University, this location provides convenient access to major transportation routes and a large workforce pool. The property is zoned for commercial use and has a Franklin County APN of 010-061641-00. Building updates are planned for the near future. The property includes signage opportunities. This multi-tenant building offers Executive Office, Coworking, Medical Office, Creative Office, and Traditional Office space options.

    Property Features for 1550 5Th Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,100 SF
    Class
    C
    Total Rate
    151500

    Building Details

    Year Built/Renovated
    1972/1990
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    First Floor
    Size
    5,000 SF
    Rate per SF
    $228
    Space
    Second Floor
    Size
    4,100 SF
    Rate per SF
    $228

    HighLights

    • 10,100 SF Class C office building available for lease in Columbus, OH.
    • Ample parking with approximately 50 spaces.
    • High visibility location on W 5th Ave, with 12,000‑15,000 cars passing daily.
    • Convenient access to major retailers, restaurants, and financial institutions; exterior renovations underway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gregory P. Avellana, ... Nutritionist Fox Ronald Ltd ... Counselor Dr. Charles B. ... Family Practice Physician Stein Joseph R Physician Assistant Altic Stephen DO Family Practice Physician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0479262
    Latitude
    39.989291

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    FAQs

    What type of property is this?
    Office space - Columbus office building, flexible suites.
    Where is this office space located?
    The property is located at 1550 5Th Ave Columbus, OH.
    What is the lease rate?
    The lease rate is $228 SF/Yr.
    What are key features of this property?
    This property features: 10,100 SF Class C office building available for lease in Columbus, OH.; Ample parking with approximately 50 spaces.; High visibility location on W 5th Ave, with 12,000-15,000 cars passing daily.
    Request Owner's contact information
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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
    1550 5Th Ave Columbus, OH 43212
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