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Auto Repair Building with Lifts
For Sale
$1,500,000

2660 Hawcreek Boulevard, Columbus, IN 47201

Commercial Sale, Columbus, IN

Property Size9,653 SF
Lot Size1.39 Acres
Price / SF$155.39
Days on Market229

Property Features for 2660 Hawcreek Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Fencing Chain Link
Elementary school district Bartholomew Con School Corp
Middle school district Bartholomew Con School Corp
High school district Bartholomew Con School Corp
Directions GPS Friendly
Subdivision 314 - Bartholomew - Columbus West
Standard status Active
APN 039618140000202005
Lot size 1.39 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Lot 3 - Terminal Realty Minor Plat (P/330B) Mp 096.0000202.0000
Tax Annual Amount 6464
Legal Description Lot 3 - Terminal Realty Minor Plat (P/330B) Mp 096.0000202.0000

Utilities

Utilities Natural Gas Available
Heating system Natural Gas

Amenities

service desk
waiting room
private office
employee bathroom

Building Details

Year built 1952
Floors in Building 1
Listing Agency: RE/MAX Real Estate Prof · RE/MAX International
Listed By: Cindy Patchett
Added: Mar 12 Changed: Oct 8 Last Checked: Oct 26 at 8:06AM
MLS# 22088842

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1952 commercial building occupies 1.39 acres at 2660 Hawcreek Boulevard in Columbus, Indiana. The existing automotive layout includes a customer service counter, waiting area, private office, employee restroom, tire-service capability, storage areas, and six operating lifts. Additional overhead doors and bay space support future expansion within the shop. The property is zoned Commercial and includes chain-link fencing.

Recent property improvements include a new roof completed in 2025, an electrical upgrade, and added gravel in the rear parking area. Natural gas is available. The U-Haul operation is excluded from the sale, while other equipment conveys as outlined in the supplemental documents.

Key Highlights

  • Six automotive lifts currently in operation
  • 1.39‑acre commercial property at 2660 Hawcreek Boulevard
  • New roof completed in 2025

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,676
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,373,520 $1.4M
Cap Rate 7%
$981,086 $981.1K
Cap Rate 9%
$763,067 $763.1K
Market Conditions
NOI Build-Up for 9,653 SF
Gross rent
$86.9K $9.00/SF
− Vacancy
−$6.1K −$0.63/SF
EGI
$80.8K $8.37/SF
− OpEx
−$12.1K −$1.26/SF
NOI
$68.7K $7.11/SF
Area
Bartholomew County, IN
Vacancy
7.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,373,520
Cap Rate 7%
$981,086
Cap Rate 9%
$763,067

Alternative Uses

Best Use
Warehouse
$981.1K
$858.5K – $1.14M (±1% cap)
NOI $68,676 @ 7.0% cap · market cap 4.58%
Second Best
Retail
$881.2K
$771.1K – $1.03M (±1% cap)
NOI $61,686 @ 7.0% cap · market cap 4.11%
Theoretical Best
Healthcare Medical
$1.87M
$1.63M – $2.18M (±1% cap)
NOI $130,628 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

U-Haul Neighborhood Dealer Car Rental Facility CDL Transport Midwest Freight Service Lanning Automotive & Tire Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Service bays

Location Intelligence

Trade Area within ½ mile

1,027
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • ACME Sports & Classics — 1609 Orinoco Ave, Columbus, IN 47201
  • Columbus engines & transmissions — 1720 17th St suit x, Columbus, IN 47201
  • 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 - Configured for automotive service with tire operations, six lifts, storage areas, and expansion space through additional bays and overhead doors.
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: Six automotive lifts currently in operation; 1.39‑acre commercial property at 2660 Hawcreek Boulevard; New roof completed in 2025
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