951 High St Worthington, OH 43085-4099
- Office Properties & Spaces
- 1,352 SF
- 0.05 lot acres
Current Use by Public Records
- Farmers Insurance - Jeremy Ferguson / Insurance Agency
- P48 Marketing / Marketing Agency / Advertising Agency
- Media Mouse Ink Art & Design / Website Designer / Internet Marketing Service
- Vary Sharon / Family Counselor
- Judy Lair, L.P.C.C. / Counselor
Property Details for 951 High St
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 0.05 lot acres
- Property size
- 1,352 SF
- Property type
- Office Properties & Spaces
- APN
- 100-006028
- APU
- 100006028
Description
This exceptional 5,250 sq ft ground-floor office space, located at 951 High Street (cross street: High Street), in the charming Olde Worthington area, presents a unique opportunity. Situated within a three-story brick building, this single-tenant property boasts six individual inner offices, two of which are currently available, each measuring approximately 144 sq ft and priced at $600 per month. The property sits on a 0.11-acre lot (APN: 100-006028). All utilities, including internet, are covered by the landlord, eliminating additional operational costs. A sophisticated silent lobby notification system is in place, providing a modern and efficient client reception solution. This eliminates the need for a dedicated receptionist, saving on personnel expenses. The versatile space is suitable for a variety of businesses, including but not limited to massage therapy, medical practices, and accounting firms. The property's beautiful setting and convenient location make it an ideal choice for businesses seeking a prestigious and functional workspace. This is a rare opportunity to secure a well-appointed, cost-effective office space in a highly desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $200,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $295,000
- 6.5%
- $275,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $200,000
- AI Estimate
- $216,000
Market price range: $87.0k - $201kMarket price range: $65.5k - $216k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $140,000 Current use
- AUTO REPAIR, GARAGE
- $225,000 Change: +60% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $220,000 Change: +59% Conversion: Difficult
- MEDICAL BUILDING
- $205,000 Change: +46% Conversion: Easy
- RETAIL STORES
- $170,000 Change: +21% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $135,000 Change: -3% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Worthington
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0184
- Latitude
- 40.0947
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA