Auto Shop with Six Service
For Sale
$1,500,000
2660 Hawcreek Boulevard, Columbus, IN 47201
Commercial zoning and dedicated customer areas complement the active automotive service floor.
Property Size9,653 SF
Lot Size1.39 Acres
Price / SF$155.39
Days on Market226
Property Features for 2660 Hawcreek Boulevard
General Information
Standard status
Active
Size
9,653 SF
Lot size
1.39 Acres
Property subtype
Commercial
Zoning
Commercial
Additional Details
Service Bays
6
Amenities
service desk
waiting room
private office
employee bathroom
overhead doors
Building Details
Building Size
9,653 SF
Year Built
1952
Buildings
1
Stories
1
Listing Agency:
RE/MAX Real Estate Prof
(812) 372-2200
Listed By:
Cindy Patchett · License #RB14041891
(812) 390-9963
Source:
Battsrealestategroup
Added: Mar 12
Changed: Oct 22
Last Checked: Oct 22 at 2:21PM
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 RE/MAX Real Estate Prof
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Investment Insights
Based on property information with market context.
The 9,653-square-foot auto shop sits on a 1.39-acre lot and was built in 1952. Its layout includes a service counter, a customer waiting area, a private office, and an employee restroom. Six automotive lifts are currently in operation, with space for more than six, plus additional overhead doors and bay area for expansion. Other equipment is included in the sale; the U-Haul business is excluded.
Recent property work includes a roof replacement in 2025, electrical improvements, and gravel added to the rear parking area. The site is zoned Commercial and is located at 2660 Hawcreek Boulevard in Columbus, Indiana.
Recent property work includes a roof replacement in 2025, electrical improvements, and gravel added to the rear parking area. The site is zoned Commercial and is located at 2660 Hawcreek Boulevard in Columbus, Indiana.
Key Highlights
- 9,653‑square‑foot building on a 1.39‑acre lot
- Six lifts in operation, with capacity for more than six
- Additional overhead doors and bay space for expansion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,686
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,720
$1.2M
Cap Rate 7%
$881,229
$881.2K
Cap Rate 9%
$685,400
$685.4K
Market Conditions
NOI Build-Up for 9,653 SF
Gross rent
$98.5K $10.20/SF
− Vacancy
−$10.3K −$1.07/SF
EGI
$88.1K $9.13/SF
− OpEx
−$26.4K −$2.74/SF
NOI
$61.7K $6.39/SF
Area
Bartholomew County, IN
Vacancy
10.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,720
Cap Rate 7%
$881,229
Cap Rate 9%
$685,400
Alternative Uses
Best Use
Retail
$881.2K
$771.1K – $1.03M
NOI $61,686 @ 7.0% cap · market cap 4.11%
Second Best
Industrial
$808.0K
$707.0K – $942.6K
NOI $56,557 @ 7.0% cap · market cap 3.77%
Theoretical Best
Healthcare Medical
$1.87M
$1.63M – $2.18M
NOI $130,628 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
6
Service bays
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47201, IN
45,969
Population
20,924
Households
2.2
Avg Household Size
36
Median Age
36%
College-Educated
92%
High-School Grad
201.2 sq mi
ZIP Area
228
Density / Sq Mi
$82,667
Median Household Income
$46,243
Median Earnings
$1,159
Median Rent
$217,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- ACME Sports & Classics — 1609 Orinoco Ave, Columbus, IN 47201
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- R & R Recovery — 1702 17th St, Columbus, IN 47201
- RK Auto Electric — 2235 N Cherry St, Columbus, IN 47201
- Marathon Gas — 2190 n national rd, columbus, in 47201
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial zoning and dedicated customer areas complement the active automotive service floor.
Where is this auto shop located?
The property is located at 2660 Hawcreek Boulevard Columbus, IN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9,653‑square‑foot building on a 1.39‑acre lot; Six lifts in operation, with capacity for more than six; Additional overhead doors and bay space for expansion
