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19163473
18197083

147 N High St, Columbus, OH 43215

JM
2013004679
NAI Ohio Equities, LLC
Listed by NAI Ohio Equities, LLC
$395,000
729 days on market
Updated 19 days ago

Brunson Building Retail

Details
Property Type Retail
Sub Type Bar, Storefront
Square Footage 1,594
Net Rentable (SqFt) 1,594
Units 1
Cap Rate 11.38%
NOI $45,000
Occupancy 100%
Tenancy Single
Lease Type Modified
Remaining Term 1
Price per SqFt $247
Class B
Year Built 1900
Year Renovated 2024
Zoning c4
Investment Type Stabilized
Occupancy Date 12/31/2023

Downtown Ground Floor Retail Investment Opportunity

Marketing description

Downtown Columbus Art Gallery / Retail Space available for Sale. Currently Leased to ABA Gallery, this is an opportunity to be part of the Brunson Building with this ground floor 1,594 SF commercial condo. This space has tall ceilings and expansive glass windows, offering an open-concept, creative atmosphere. The rear of the space has a private area and direct access to the parking garage. Added convenience comes from two ADA-compliant restrooms and great signage opportunities. The rear access to garage parking, along with the high traffic volume of ±16,927 vehicles per day along North High Street, makes this commercial condo an ideal choice for businesses seeking a vibrant and accessible location.

Investment highlights

  • Fully Leased to ABA Gallery

  • Located in The Brunson Building with 22 Luxury Residential Condominiums Above

  • 1,594 SF Available on the Ground Floor

  • Potential for 3,390 SF Combined with 149 S High St.

  • Features Tall Ceiling Heights and Large Glass Windows

  • Creative and Open Space with Privacy in Back

  • Includes Two ADA Restrooms

  • Tremendous Signage Opportunities with High Visibility

  • 16,927 VPD Traveling on North High Street

  • Rear Access to Parking Space in the Garage

Listing Contacts

JM
2013004679
NAI Ohio Equities, LLC
Listed by NAI Ohio Equities, LLC

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Loan Amount
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Annual Cash Flow
$45,000.00
$3,750.00/mo

Valuation Metrics

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DSCR
11.39%
Cap Rate
11.39%
ROI

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