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844-850 N High St 13,284 SF 100% Leased Retail Building Columbus, OH 43215 $4,300,000 ($323.70/SF) 6.39% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Short North Mixed-Use Asset • 6.4% Cap Rate
- 8 renovated apartment units above two retail spaces
- Highly visible mixed-use property in the heart of the Short North Arts District
- Excellent investment opportunity
EXECUTIVE SUMMARY
A rare opportunity to acquire a highly visible mixed-use property in the heart of the Short North Arts District—Columbus’ most vibrant entertainment and dining corridor. The building features 8 renovated apartment units above two retail spaces, including an established Asian restaurant and a long-term retail tenant with a strong local following.
The property provides stable in-place income with clear rent-growth potential across both the residential and commercial spaces. Private off-street parking behind the building further elevates the asset—an uncommon amenity in this dense, walkable submarket. Surrounded by premier restaurants, boutiques, nightlife, and ongoing development, this location offers unmatched visibility, foot traffic, and long-term appreciation potential. An exceptional opportunity for investors seeking durable cash flow and irreplaceable
Short North real estate.
The property provides stable in-place income with clear rent-growth potential across both the residential and commercial spaces. Private off-street parking behind the building further elevates the asset—an uncommon amenity in this dense, walkable submarket. Surrounded by premier restaurants, boutiques, nightlife, and ongoing development, this location offers unmatched visibility, foot traffic, and long-term appreciation potential. An exceptional opportunity for investors seeking durable cash flow and irreplaceable
Short North real estate.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
13,284 SF
Building Class
B
Year Built/Renovated
1900/2020
Price
$4,300,000
Price Per SF
$323.70
Cap Rate
6.39%
NOI
$274,844
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.91
Lot Size
0.16 AC
Zoning
C-Commercial - Mixed-Use District
Parking
2 Spaces (0.15 Spaces per 1,000 SF Leased)
Frontage
78’ on N High St
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 010-052196 | Improvements Assessment | $450,840 |
| Land Assessment | $27,060 | Total Assessment | $477,900 |
PROPERTY TAXES
Parcel Number
010-052196
Land Assessment
$27,060
Improvements Assessment
$450,840
Total Assessment
$477,900
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844-850 N High St
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