Multi-Bay Automotive Service
4100 Indianola Avenue Columbus, OH 43214
4100 Indianola Avenue, Columbus, OH, 43214
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For Sale
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Multi-bay automotive facility with five bays, automotive lifts, overhead doors, and a paint booth.
Property Size9,266 SF
Price / SF$312.97
Days on Market56
Property Features for 4100 Indianola Avenue
General Information
- Standard status
- Active
- Size
- 9,266 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2009
Listing agency
Best Corporate Real Estate
(614) 559-3350
Listed by
Randy Best · License #311236
Source
Crexi
Added: May 29 Updated: Jul 23 at 6:37AM Checked: Jul 23 at 6:37AM
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 Best Corporate Real Estate
Investment Insights
Based on property information with market context.
This multi-bay automotive service facility offers approximately 9,266 square feet of available space with five distinct bays. The main bay includes an exterior door and two automotive lifts for vehicle service. The second bay has two 10' x 10' interior overhead doors, and the third bay includes one interior overhead door. The fourth bay features a paint booth with about 10' clearance. The fifth bay includes two exterior overhead doors, with ceiling heights of approximately 15' throughout.
The property is located on high-traffic Indianola Avenue in Columbus, Ohio.
The bay configuration is supported by a mix of interior and exterior overhead doors, providing flexible access for service and operations within a single facility.
The property is located on high-traffic Indianola Avenue in Columbus, Ohio.
The bay configuration is supported by a mix of interior and exterior overhead doors, providing flexible access for service and operations within a single facility.
Key Highlights
- 5‑bay automotive facility with approx. 9,266 SF available for sale (also available for lease with the associated business)
- Main bay includes 1 exterior door and two automotive lifts
- Second bay has 2 interior overhead doors (each approx. 10' x 10')
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 | $166.8k | $18.00 |
| − Vacancy | −$14.2k | −$1.53 |
| EGI | $152.6k | $16.47 |
| − OpEx | −$45.8k | −$4.94 |
| NOI | $106.8k | $11.53 |
9,266 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.53M
$1.34M – $1.78M
NOI $106,828 @ 7.0% cap · market cap 3.68%
Second Best
Industrial
$523.4K
$458.0K – $610.7K
NOI $36,639 @ 7.0% cap · market cap 1.26%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,176 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
TongDa Auto Body
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Northend Wrench Inc — 4330 Indianola Ave, Columbus, OH 43214
- TongDa Auto Body — 4100 Indianola Ave, Columbus, OH 43214
- Keith Cheeseman's — 3867 Indianola Ave, Columbus, OH 43214
- Payne's Service — 3717 Indianola Ave, Columbus, OH 43214
- Physicians jeep — 4382 Indianola Ave, Columbus, OH 43214
FAQs
What type of property is this?
Auto shop - Multi-bay automotive facility with five bays, automotive lifts, overhead doors, and a paint booth.
Where is this auto shop located?
The property is located at 4100 Indianola Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 5‑bay automotive facility with approx. 9,266 SF available for sale (also available for lease with the associated business); Main bay includes 1 exterior door and two automotive lifts; Second bay has 2 interior overhead doors (each approx. 10' x 10')
