2340 S High St

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2340 S High St

Columbus, OH 43207
Asking Price
$3.90M
Asset Type
Retail
Class
Class B

What's Special

2340 S High St is situated in the South Columbus submarket, positioned along a primary commercial corridor with high visibility and direct street frontage. The neighborhood is characterized by a mix of established residential pockets and industrial business parks. The property benefits from proximity to the Scioto Audubon Metro Park and various local dining and service amenities. It offers efficient transportation access, located approximately three miles south of downtown Columbus with immediate proximity to State Route 104 and Interstate 71, facilitating regional connectivity for commuters and logistics. The asset is suited for a variety of retail use cases, including convenience stores, specialty showrooms, or service-oriented businesses. The typical tenant profile includes local retailers, automotive-related services, or small-scale distributors seeking a high-traffic location with prominent signage opportunities. The building’s flexible layout and accessible parking cater to businesses requiring frequent customer turnover and easy ingress for delivery vehicles. This location is appropriate for tenants looking to serve the south side’s growing workforce and established residential population.

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NOI
$80,000
Cap Rate
2.05%
DSCR
0.35
Underwater
Cash-on-Cash
-12.95%
Monthly Payment
$19,295.072
Annual Cash Flow
$-151,540.865

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