1621 1St AveColumbus, OH 43212

Property Details for 1621 1St Ave

Year built

1960

Lot size

0.26 AC

Property size (Sq ft)

5,376 SF

Property type

Office properties

Property subtype

Office buildings

APN

030-000277

APU

30000277

Description

This exceptional 5,376 square foot office building in Columbus, Ohio's desirable Grandview Heights neighborhood presents a unique leasing opportunity. Located at 1621 W 1st Ave, this single-story, 1960-built structure sits on a 0.25-acre lot and is zoned C-1 Limited Commercial District (APN: 030-000277-00). The property offers flexible lease terms, accommodating tenants seeking either the entire building or a minimum of 1,500 contiguous square feet. Currently, the entire 5,376 square feet is vacant and ready for immediate occupancy. The building features a mix of open space, private offices, a conference room, and private bathrooms. A significant advantage is the inclusion of a large basement area, ideal for storage or common space, at no additional cost. Ample free parking is available on-site. All utilities, landlord insurance, real estate taxes, maintenance, and parking are included in the listed rate. The property enjoys convenient access to major freeways, Grandview Yard, and Downtown Columbus. Some existing office furniture may be available. This is a rare opportunity to secure a fully-equipped, well-located office space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,031,914

  6.5%

  $952,536

  7%

  $884,498

• Comparable approach

  Method

  Valuation

  Relative Method

  $502,871

  Geo Method

  $502,871

• Alternative Use

  Use

  Valuation

  Residential

  $1,181,145

  Hospitality

  $1,081,922

  Educational

  $900,147

  Medical

  $931,104

  Retail

  $1,400,228

Location Insight

City

Grandview

County

Franklin

State

Ohio

Latitude

39.9817

Longitude

-83.0485

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].