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    145 Rich St Columbus, OH 43215

    Sponsored
    For Sale
    $3,900,000

    Class A Office, Owner-User Opportunity

    Property size:
    23,884 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A mixed-use office building, located at 145 E Rich Street in Columbus, Ohio (zip code 43215), presents a unique owner-user opportunity. The property boasts 23,884 square feet of total space, with 18,943 square feet of net rentable area, priced at $163.29 per square foot for a total asking price of $3,900,000. The building features a recent Class A redevelopment, including upgrades to all major building systems. The attractive design includes open beam 14-foot ceilings and exposed brick, creating a modern and stylish workspace. Included in the sale is a 27-space surface parking lot, providing ample parking for employees and clients. Additional parking is available at the nearby Columbus Commons Garage. The property offers multiple potential signage opportunities, including exterior signage and the possibility of a custom mural. A climate-controlled storage area is conveniently located on the lower level. The building's prime location places it within walking distance of Columbus Commons Park and popular local establishments such as Dirty Franks, 16 Bit, and Little Palace. The existing tenancy provides immediate cash flow, with potential for added value through further tenant improvements. This is an ideal opportunity for a business seeking a high-quality, centrally located office space in the vibrant Columbus market.

    Property Features for 145 Rich St

    General Information

    Property type
    Office space
    Square Feet
    23,884 SF
    Class
    A

    HighLights

    • Owner‑occupant opportunity in Columbus' vibrant market.
    • Strong in‑place cash flow with value‑add potential.
    • Class A building with upgraded systems.
    • Convenient surface and garage parking at Columbus Commons Garage.
    • Includes a 27‑space surface parking lot.
    • Excellent signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Klema Connie J Attorney Brahm & Cunningham LLC Attorney Hartman Lot Parking Lot TriMark SS Kemp ... Restaurant Supply Store Nationwide Auto Shipping Exporter

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9956376
    Latitude
    39.9577988

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    FAQs

    What type of property is this?
    Office space - Class A Office, Owner-User Opportunity
    Where is this office space located?
    The property is located at 145 Rich St Columbus, OH.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: Owner-occupant opportunity in Columbus' vibrant market.; Strong in-place cash flow with value-add potential.; Class A building with upgraded systems.
    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
    145 Rich St Columbus, OH 43215
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