1251 Broad StColumbus, OH 43222

Property Details for 1251 Broad St

Year built

1890

Lot size

0.18 AC

Property size (Sq ft)

4,198 SF

Property type

Office properties

Property subtype

Office buildings

APN

010-029047

APU

10029047

Description

Discover seven private office suites available for lease in a newly renovated, single-story building at 1251 W Broad St, Columbus, Ohio 43222. This prime location offers easy access to Downtown Columbus (a short 4-minute drive) and I-70, situated conveniently on the four-lane Highway 40. Suites range from 81 to 135 square feet, with a minimum leasable space of 100 square feet and a maximum contiguous space of 134 square feet. The 3,280 square foot building boasts a shared, remodeled breakroom/kitchen, three restrooms, and both front and rear exits for convenient access. All utilities and janitorial services are included in the monthly rent, making budgeting simple and predictable. Ample parking is available in an adjacent lot. This executive office space is perfect for small businesses or entrepreneurs seeking a professional and well-maintained workspace. Floor plans and availability can be viewed online.

• CAP approach

  CAP return

  Valuation

  6%

  $802,187

  6.5%

  $740,480

  7%

  $687,589

• Comparable approach

  Method

  Valuation

  Relative Method

  $392,681

  Geo Method

  $392,681

• Alternative Use

  Use

  Valuation

  Residential

  $918,195

  Hospitality

  $841,062

  Educational

  $699,754

  Medical

  $723,819

  Retail

  $1,088,506

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9657

Longitude

-82.9674

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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