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132 N High St 12,147 SF 12% Leased Office Building Gahanna, OH 43230 $1,627,002 ($133.94/SF)
Investment Highlights
- Prime Creekside Location
- Modern Construction
- Long-Term Value Potential
- Flexible 10,634 SF Office Asset
- Strong Growth Corridor
Executive Summary
132 N High Street offers a rare opportunity to acquire a strategically located office asset in Downtown Gahanna’s rapidly evolving Creekside District. The 10,634-square-foot
building spans three stories plus a finished lower level and presents a compelling opportunity for both owner-users and investors seeking exposure in one of Central Ohio’s
most active suburban submarkets. Constructed in 2000, the property features modern construction, efficient floor plates, and a professional office environment suitable for a wide range of uses. The building is currently anchored by a 6,634 SF owner-occupant who is scheduled to vacate in May 2026. The remaining 4,000 SF is leased to a marketing firm that has occupied the space since 2018, with a lease in place through September 2027, providing immediate income. Located within the Creekside redevelopment corridor, the property benefits from significant public and private investment including new residential, hospitality, dining, retail, and infrastructure improvements throughout Downtown Gahanna. This positioning offers investors and businesses the opportunity to establish a presence in a growing downtown district while capturing both near-term income and long-term appreciation.
building spans three stories plus a finished lower level and presents a compelling opportunity for both owner-users and investors seeking exposure in one of Central Ohio’s
most active suburban submarkets. Constructed in 2000, the property features modern construction, efficient floor plates, and a professional office environment suitable for a wide range of uses. The building is currently anchored by a 6,634 SF owner-occupant who is scheduled to vacate in May 2026. The remaining 4,000 SF is leased to a marketing firm that has occupied the space since 2018, with a lease in place through September 2027, providing immediate income. Located within the Creekside redevelopment corridor, the property benefits from significant public and private investment including new residential, hospitality, dining, retail, and infrastructure improvements throughout Downtown Gahanna. This positioning offers investors and businesses the opportunity to establish a presence in a growing downtown district while capturing both near-term income and long-term appreciation.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,147 SF
Building Class
C
Year Built
1997
Price
$1,627,002
Price Per SF
$133.94
Percent Leased
12%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,317 SF
Slab To Slab
12’
Building FAR
1.64
Lot Size
0.17 AC
Zoning
CMU - Creekside Mixed-Use
Parking
8 Spaces (0.65 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 025-000052 | Improvements Assessment | $229,390 |
| Land Assessment | $31,080 | Total Assessment | $260,470 |
Property Taxes
Parcel Number
025-000052
Land Assessment
$31,080
Improvements Assessment
$229,390
Total Assessment
$260,470
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132 N High St
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