Mixed-Use Redevelopment with
982 S Front St, Columbus, OH 43207
For Sale
Contact for pricing
Adaptive reuse warehouse offering new office space, six loft residences, and dedicated off-street parking with a shared rooftop terrace.
Property Size13,086 SF
Price / SF$152.45
Days on Market145
Property Features for 982 S Front St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Investment Type
Net Operating Income
Site & Location
Neighborhood
Highway Access
Additional Details
Multifamily Units
Building Details
Year Built
Year Renovated
Stories
Units
Tenancy
Listing Agency:
Allied Real Estate Advisors
Listed By:
Ryan McHugh · License #2019002855
(614) 940-2978
Source:
Crexi
Added: Jun 18
Changed: Oct 26
Last Checked: Nov 8 at 9:28AM
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 Allied Real Estate Advisors
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Investment Insights
Based on property information with market context.
The Jack is a distinctive mixed-use redevelopment within a renovated 1917 warehouse, originally associated with the Columbus Jack Corporation. The property provides 4,500 square feet of newly added office space along with six loft-style residential units. Interiors retain original warehouse character elements such as exposed brick, timber framing, polished concrete floors, and oversized windows, while updates include open, flexible layouts and high-quality finishes. Residential features include hardwood floors, track lighting, custom hardware, premium plumbing fixtures, and stainless steel appliances, supported by dedicated off-street parking for each unit. A shared rooftop terrace adds an additional common outdoor area.
Located in Columbus’s Brewery District, The Jack sits adjacent to the multi-million dollar “Brewer’s Gate” redevelopment. The area supports walkable access to local dining and coffee, and the property also provides convenient highway access via I-71 at Greenlawn Avenue.
This configuration supports owner-users or investors seeking a live-work style asset that combines workplace space with six loft residences in a single, adaptive reuse building. Designed by WSA Studio and renovated in 2012, the project has earned AIA Ohio Honor Award for Design recognition as well as the Columbus Landmarks Recchie Award for its adaptive reuse and architectural character.
Located in Columbus’s Brewery District, The Jack sits adjacent to the multi-million dollar “Brewer’s Gate” redevelopment. The area supports walkable access to local dining and coffee, and the property also provides convenient highway access via I-71 at Greenlawn Avenue.
This configuration supports owner-users or investors seeking a live-work style asset that combines workplace space with six loft residences in a single, adaptive reuse building. Designed by WSA Studio and renovated in 2012, the project has earned AIA Ohio Honor Award for Design recognition as well as the Columbus Landmarks Recchie Award for its adaptive reuse and architectural character.
Key Highlights
- Adaptive reuse 1917 warehouse with 4,500 SF new office space and six loft‑style residential units.
- Fully renovated in 2012 and designed by WSA Studio, an architecture firm with AIA Ohio Honor Award and Columbus Landmarks Recchie Award recognition.
- Residential features include open, flexible floor plans with hardwood floors, track lighting, custom hardware, premium plumbing fixtures, and stainless steel appliances.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$146,794
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,935,880
$2.9M
Cap Rate 7%
$2,097,057
$2.1M
Cap Rate 9%
$1,631,044
$1.6M
Market Conditions
NOI Build-Up for 13,086 SF
Gross rent
$257.5K $19.68/SF
− Vacancy
−$61.8K −$4.72/SF
EGI
$195.7K $14.96/SF
− OpEx
−$48.9K −$3.74/SF
NOI
$146.8K $11.22/SF
Area
ZIP 43207
Vacancy
24.00%
Lease Rate
$19.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,935,880
Cap Rate 7%
$2,097,057
Cap Rate 9%
$1,631,044
Alternative Uses
Best Use
Office B
$2.10M
$1.83M – $2.45M
NOI $146,794 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$1.93M
$1.69M – $2.25M
NOI $135,226 @ 7.0% cap · market cap 6.78%
Theoretical Best
Warehouse
$2.64M
$2.31M – $3.08M
NOI $184,626 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
970
Businesses Nearby
Explore this area
Business Placement
Demographics for 43207, OH
46,853
Population
21,242
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
85%
High-School Grad
23.1 sq mi
ZIP Area
2,028
Density / Sq Mi
$61,307
Median Household Income
$40,037
Median Earnings
$1,115
Median Rent
$156,200
Median Home Value
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Market
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Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Apartment building - Adaptive reuse warehouse offering new office space, six loft residences, and dedicated off-street parking with a shared rooftop terrace.
Where is this apartment building located?
The property is located at 982 S Front St Columbus, OH.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Adaptive reuse 1917 warehouse with 4,500 SF new office space and six loft‑style residential units.; Fully renovated in 2012 and designed by WSA Studio, an architecture firm with AIA Ohio Honor Award and Columbus Landmarks Recchie Award recognition.; Residential features include open, flexible floor plans with hardwood floors, track lighting, custom hardware, premium plumbing fixtures, and stainless steel appliances.
