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    3143 Main St Columbus, OH 43213

    Sponsored
    For Sale
    $1,100,000

    Established Tool Rental Business & Real Estate

    Property size:
    5,267 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Columbus investment opportunity encompasses a thriving, long-established tool rental business, Murray's Tool Rental, Inc., operating since the 1950s. The sale includes both the business and the real estate, presenting a unique dual-income potential. The property consists of two buildings situated on a prominent 0.42-acre corner lot at the high-traffic intersection of Main Street and James Road, offering excellent visibility and accessibility. The older service station building offers approximately 1,416 square feet, while a newer building adds approximately 3,851 square feet of space, totaling 5,267 square feet. This family-owned and operated business boasts a remarkable 70-year history of success, providing a strong foundation for continued profitability. The versatile nature of the buildings and land allows for a variety of uses beyond the current tool rental operation, making it an attractive prospect for redevelopment or expansion. The asking price for this turnkey investment is $1,100,000. The property's prime location and established business create a compelling opportunity for investors seeking a blend of immediate income and long-term growth potential. The corner lot access on Main Street and James Road provides significant advantages for both business operations and future development possibilities.

    Property Features for 3143 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    5,267 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1999
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9144
    Latitude
    39.95627

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    FAQs

    What type of property is this?
    Retail property - Established Tool Rental Business & Real Estate
    Where is this retail property located?
    The property is located at 3143 Main St Columbus, OH.
    What is the asking price?
    The asking price for this property is $1,100,000.
    (614) 559-3350
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    3143 Main St Columbus, OH 43213
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    Columbus, OH 43213
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3143 Main St Columbus, OH 43213
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