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20775332
20775321

1015 E Broad St, Columbus, OH 43205

BK
OH 390306, OH 3227132
Alterra Real Estate Advisors
RC
OH 2022007391
Alterra Real Estate Advisors
Listed by Alterra Real Estate Advisors
$1,699,995
145 days on market
Updated 23 days ago
Opportunity zone

Leased Office Investment or Owner Occupant Opportunity

Details
Property Type Office
Sub Type Traditional Office
Square Footage 12,000
Cap Rate 9.00%
NOI $147,413
Occupancy 95%
Tenancy Multi
Lease Type Gross
Class B
Buildings 1
Stories 2
Acreage 0.500
Investment Type Value Add
Ground Lease No

Value Add Office Investment 9% Cap Rate or Owner Occupant Opportunity

Marketing description

Prime East Broad Street location just outside of Downtown Columbus in
popular Olde Town East offers 12,000 SF in this renovated office building with
parking. Opportunity to raise rents and add parking revenue, or owner
occupant can occupy all or a portion of the building and rent extra space.

Two story 12,000 SF office building with finished lower level and
parking lot on .5 acres just outside of Downtown Columbus Ohio. East
Broad Street is a major east/west road in Columbus and goes right
through the center of Downtown.

Property Highlights:

  • Fully renovated office just outside of Downtown Columbus with 40 parking spaces.

  • Renovations include full interior renovation, 2 new HVAC units, new gutter system and access control.

  • Secure building with key fob access, cameras and intercom with remote access capability.

Investment highlights

Value Add Leased Investment near downtown Columbus. Increase value to potentially a 12% cap rate with rent increases and other value add opportunities

Listing Contacts

BK
OH 390306, OH 3227132
Alterra Real Estate Advisors
RC
OH 2022007391
Alterra Real Estate Advisors
Listed by Alterra Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$147,413.00
$12,284.42/mo

Valuation Metrics

0
DSCR
8.67%
Cap Rate
8.67%
ROI

Map

Zoning

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UCR-R SpecialUrban Core Restricted Sub District
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Bradford Kitchen
License
390306
Name
Richard Conie
License
2022007391
Brokerage
Alterra Real Estate Advisors
Title
Sales and Leasing Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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