77-83 4Th StColumbus, OH 43215

  • Office buildings
  • 17,588 SF
For Lease
$216/SF/YR View listing

Property Details for 77-83 4Th St

Year built
1915
Lot size
0.14 AC
Property size (Sq ft)
17,588 SF
Property type
Office buildings
APN
010-038013
APU
10038013

Description

This 2,965-square-foot office space, located at 77-83 S 4th St in Columbus, Ohio's Downtown CBD submarket, is available for lease. Situated in a three-story, 17,588-square-foot building constructed in 1915 and renovated in 2024, this space offers a modern, open-concept layout ideal for various business needs. The building is classified as Class B and features one elevator. The space includes a kitchenette, four private offices, and basement storage. High ceilings and exposed ductwork contribute to a stylish and functional atmosphere. Access is provided 24/7 via mobile key entry. The property sits on a 0.18-acre lot (APN: 010-038013-00) and is zoned as Downtown District (DD). Three parking spaces are available. The convenient location offers exceptional walkability to numerous amenities, including restaurants (House Taco, 4th and State Diner), a barber shop (Grayscale Barber), the Athletic Club, the Capital Building, and the Sheraton Starbucks. The cross street is E State Street, and the zip code is 43215. This space is part of a multi-tenant building with a minimum divisible space of 2,965 square feet, and the maximum contiguous space available is also 2,965 square feet. Currently, 2,965 square feet is vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,360,852
    6.5%
    $3,102,326
    7%
    $2,880,731
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,645,182
    Geo Method
    $1,645,182
  • Alternative Use

    Use
    Valuation
    Residential
    $3,846,884
    Hospitality
    $3,523,725
    Educational
    $2,931,698
    Medical
    $3,032,523
    Retail
    $4,560,418

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9609
Longitude
-82.9961
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,864
$215,010
$344,400
$559,410
-
$614,300
$984,000
$1,598,300

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