Retail Building with Drive-In
3080 Cleveland Ave Columbus, OH 43224
3080 Cleveland Ave, Columbus, OH, 43224
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For Sale
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Retail building on 1.40 acres with two drive-in doors, showroom space, and fenced rear equipment parking.
Property Size5,300 SF
Lot Size1.40 Acres
Price / SF$226.42
Days on Market113
Property Features for 3080 Cleveland Ave
General Information
- Standard status
- Active
- Size
- 5,300 SF
- Lot size
- 1.40 Acres
- Property subtype
- RETAIL
Listing agency
Phipps Realty Advisors
(614) 570-4221
Listed by
Scott Behrmann · License #SAL.0000443123
(614) 352-4062
Source
Moodyscre
Added: Apr 1 Updated: Jul 22 at 4:28PM Checked: Jul 22 at 4:28PM
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 Phipps Realty Advisors
Investment Insights
Based on property information with market context.
This retail building offers approximately 5,300 SF on 1.40 acres, configured with showroom space and includes a kitchen and two restrooms. The building features two drive-in doors measuring 10' by 8' and a clear height range of 11'–13'. On-site power is supported by an electric remote-controlled gate for fenced rear equipment parking.
The property is zoned Mixed-Use, UNG-1 (City of Columbus) and is located on Cleveland Ave near E. North Broadway, with easy access to I-70 and SR-3. It also sits on COTA’s Bus Rapid Transit line C-MAX.
Parking includes 30 vehicle spaces in a front lot, plus a fenced rear lot for equipment parking. Two additional parcels to the south totaling 0.593 acres are vacant and ready for redevelopment.
The property is zoned Mixed-Use, UNG-1 (City of Columbus) and is located on Cleveland Ave near E. North Broadway, with easy access to I-70 and SR-3. It also sits on COTA’s Bus Rapid Transit line C-MAX.
Parking includes 30 vehicle spaces in a front lot, plus a fenced rear lot for equipment parking. Two additional parcels to the south totaling 0.593 acres are vacant and ready for redevelopment.
Key Highlights
- 5,300 SF retail building on 1.40 acres with mixed‑use zoning (UNG‑1, City of Columbus)
- Two 10' x 8' drive‑in doors and 11'-13' clear height
- Showroom space plus a kitchen and two restrooms (previous Auto Parts and Mattress retail)
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.4k | $18.00 |
| − Vacancy | −$8.1k | −$1.53 |
| EGI | $87.3k | $16.47 |
| − OpEx | −$26.2k | −$4.94 |
| NOI | $61.1k | $11.53 |
5,300 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$872.9K
$763.8K – $1.02M
NOI $61,104 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$966.5K – $1.29M
NOI $77,318 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mack Mattress Outlet ...
Furniture & Home Goods
Mack Mattress Online
Furniture & Home Goods
U-Haul Neighborhood Dealer
Car Rental Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail building on 1.40 acres with two drive-in doors, showroom space, and fenced rear equipment parking.
Where is this retail space located?
The property is located at 3080 Cleveland Ave Columbus, OH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5,300 SF retail building on 1.40 acres with mixed‑use zoning (UNG‑1, City of Columbus); Two 10' x 8' drive‑in doors and 11'-13' clear height; Showroom space plus a kitchen and two restrooms (previous Auto Parts and Mattress retail)
