Free-Standing Restaurant with
7475 Hutchinson Avenue Columbus, OH 43235
7475 Hutchinson Avenue, Columbus, OH, 43235
Contact for pricing
For Sale
Contact for pricing
Pending
Free-standing restaurant on a 1.04-acre corner lot with indoor seating and an additional front patio.
Property Size5,059 SF
Lot Size1.04 Acres
Days on Market298
Property Features for 7475 Hutchinson Avenue
General Information
- Standard status
- Pending
- Size
- 5,059 SF
- Lot size
- 1.04 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1983
Listing agency
Hanna Commercial Real Estate
(614) 906-2227
Listed by
Gregory Hrabcak · License #0700310191
Source
Crexi
Added: Sep 28, 2025 Updated: Jul 21 at 4:05AM Checked: Jul 21 at 4:05AM
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 Hanna Commercial Real Estate
Investment Insights
Based on property information with market context.
A free-standing 5,059-square-foot restaurant positioned on a 1.04-acre corner lot. The property is currently operating and has been in this location since 1996. Seating includes 140 indoors plus an additional 65 seats in the front patio.
Access is provided off I-270 North and SR 23 at 7475 Hutchinson Avenue. The sale includes furniture, fixtures, equipment, and leasehold improvements, as well as a D5-D liquor license.
This offering is described as a confidential sale; contact the agent for information and showing instructions. Please do not disturb the ongoing business or employees.
Access is provided off I-270 North and SR 23 at 7475 Hutchinson Avenue. The sale includes furniture, fixtures, equipment, and leasehold improvements, as well as a D5-D liquor license.
This offering is described as a confidential sale; contact the agent for information and showing instructions. Please do not disturb the ongoing business or employees.
Key Highlights
- Free‑standing 5,059 SF restaurant built in 1983 with excellent access off I‑270 North and SR 23 at 7475 Hutchinson Avenue
- 1.04‑acre corner lot behind the Ruckmoor
- Seats 140 inside plus additional 65 seats in the front patio
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 | $78.9k | $15.60 |
| − Vacancy | −$6.2k | −$1.22 |
| EGI | $72.8k | $14.38 |
| − OpEx | −$18.2k | −$3.60 |
| NOI | $54.6k | $10.79 |
5,059 SF · lease $15.60/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$779.6K
$682.2K – $909.6K
NOI $54,573 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$896.4K – $1.20M
NOI $71,714 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Free-standing restaurant on a 1.04-acre corner lot with indoor seating and an additional front patio.
Where is this conventional restaurant located?
The property is located at 7475 Hutchinson Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Free‑standing 5,059 SF restaurant built in 1983 with excellent access off I‑270 North and SR 23 at 7475 Hutchinson Avenue; 1.04‑acre corner lot behind the Ruckmoor; Seats 140 inside plus additional 65 seats in the front patio
