4825 E Main Street Columbus Columbus, OH 43213
Standalone restaurant building with a drive-thru history on a high-traffic lot.
Property Features for 4825 E Main Street Columbus
General Information
- Standard status
- Active
- Size
- 900 SF
- Lot size
- 0.65 Acres
Building Details
- Year Built
- 1964
Listing office (614) 660-5959
Listing date Jul 7, 2026
Source Movenowohio
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Investment Insights
Based on property information with market context.
The site is described as being in a high traffic area, supporting visibility and customer-oriented activity. The property’s configuration includes the standalone structure on the large lot footprint, which may be useful for drive-thru or other site-based concepts, subject to applicable approvals.
For buyers and operators seeking a flexible site with restaurant-drive experience, this property offers a straightforward starting point: a modest building and substantial lot size suitable for redevelopment planning. The listing is being sold by court order under Case No. 25 CV 8559 in Franklin County, OH, and the auction terms indicate the property is conveyed “AS IS,” so due diligence is encouraged prior to bidding.
Key Highlights
- As‑is standalone 900 SF building built in 1964
- 105' x 270' lot (0.65 acres) in a high‑traffic area
- Previously used as a small restaurant with drive‑thru business
Local Financial Insights For Specialty 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 | $17.3k | $19.20 |
| − Vacancy | −$1.2k | −$1.34 |
| EGI | $16.1k | $17.86 |
| − OpEx | −$4.0k | −$4.46 |
| NOI | $12.1k | $13.39 |
