Drive-Through Restaurant
4825 E Main Street Columbus Columbus, OH 43213
4825 E Main Street Columbus, Columbus, OH, 43213
$220,000
Pending
For Sale
$220,000
Pending
Standalone restaurant building with a drive-thru history on a high-traffic lot.
Property Size900 SF
Lot Size0.65 Acres
Days on Market15
Property Features for 4825 E Main Street Columbus
General Information
- Standard status
- Pending
- Size
- 900 SF
- Lot size
- 0.65 Acres
Building Details
- Year Built
- 1964
Listing agency
(614) 660-5959
Listed by
Penny Ray
(614) 660-5959
Source
Movenowohio
Added: Jul 7 Updated: Jul 10 at 2:13PM Checked: Jul 21 at 3:23AM
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 Penny Ray
Investment Insights
Based on property information with market context.
This sale includes a 900 SF building located on a 105' x 270' lot and offered “AS IS” at an online public auction. The property was previously operated as a small restaurant with drive-thru business, and prior to that it was a used car lot, leaving room for a variety of commercial re-use scenarios. Showings are set to begin once the locks are changed, with additional open house dates posted as available.
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.
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 |
900 SF · lease $19.20/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$172.2K
$150.7K – $200.9K
NOI $12,053 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$187.6K
$164.1K – $218.8K
NOI $13,130 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Carhub
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FAQs
What type of property is this?
Drive through restaurant - Standalone restaurant building with a drive-thru history on a high-traffic lot.
Where is this drive through restaurant located?
The property is located at 4825 E Main Street Columbus Columbus, OH.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 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
