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Updated Commercial Property, Body Shop

1664 E Hudson Street, Columbus, OH 43211

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For Sale

Contact for pricing

Spacious, updated commercial property with parking and security fence.

Type:Retail

Property size:

4,245 SF

Price / SF:

$150/SF

HighLights

Large parking lot with security fence
Four garage doors for easy entrance and exit
Upgraded with two offices, two restrooms, and paint room with fan system
Clean Phase 1 Environmental site assessment completed in July 2023
Currently used as a body shop
ADT security system currently servicing

We can help!

Listing Contact

Julie Frase

For Sale

Contact for pricing

Spacious, updated commercial property with parking and security fence.

Type:Retail

Property size:

4,245 SF

Price / SF:

$150/SF

Added:: Oct 28, 2024
Days on Market:: 595
Last Refresh:: May 13 at 8:13 pm

Property Features for 1664 E Hudson Street

General Information

Standard status: Active
Size: 4,245 SF
Property subtype: Retail

Building Details

Year Built: 1945

We can help!

Listing Contact

Julie Frase

Listing agent Julie Frase License #2021006892

Listing office Key Realty

Listing date Oct 28, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Key Realty

HighLights

Large parking lot with security fence
Four garage doors for easy entrance and exit
Upgraded with two offices, two restrooms, and paint room with fan system
Clean Phase 1 Environmental site assessment completed in July 2023
Currently used as a body shop
ADT security system currently servicing

Overview

This is a spacious, updated commercial property currently used as a body shop. The property features upgraded facilities including two offices, two restrooms, and a paint room equipped with a fan system. There are four garage doors facilitating easy entrance and exit. A large parking lot is available, secured by a security fence. The property is serviced by ADT security. A clean Phase 1 Environmental site assessment was completed in July 2023. The property size is 4,245 square feet.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$76.4k	$18.00
− Vacancy	−$6.5k	−$1.53
EGI	$69.9k	$16.47
− OpEx	−$21.0k	−$4.94
NOI	$48.9k	$11.53

4,245 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$699.2K

$611.8K – $815.7K (±1% cap)

NOI $48,941 @ 7.0% cap · market cap 7.65%

Second Best

Industrial

$239.8K

$209.8K – $279.8K (±1% cap)

NOI $16,785 @ 7.0% cap · market cap 2.62%

Theoretical Best

Office A

$884.7K

$774.1K – $1.03M (±1% cap)

NOI $61,928 @ 7.0% cap · market cap 9.68%

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

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Similar Places Nearby

2 sayles full auto repairs & auto sales — 773 E Hudson St, Columbus, OH 43211
Hudson Import Automotive — 759 E Hudson St, Columbus, OH 43211
Kenny's Expectional Auto Care — 773 E Hudson St, Columbus, OH 43211
NTB-National Tire & Battery — 2385 Silver Dr, Columbus, OH 43211
Hudson Auto Repair LLC — 853 E Hudson St, Columbus, OH 43211

Location Insight

Map
Local Demand

City: Columbus
County: Delaware
State: Ohio
Longitude: -82.9653448
Latitude: 40.0137612

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For sale
Auto shops
OH
Columbus
43211
1664 E Hudson Street

What type of property is this?

Auto shop - Spacious, updated commercial property with parking and security fence.

Where is this auto shop located?

The property is located at 1664 E Hudson Street Columbus, OH.

What is the asking price?

The asking price for this property is $640,000.

What are key features of this property?

This property features: Large parking lot with security fence; Four garage doors for easy entrance and exit; Upgraded with two offices, two restrooms, and paint room with fan system