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    1394-1396 Joyce Ave Columbus, OH 43219

    Sponsored
    For Sale
    $550,000

    Established Business, High Occupancy

    Property size:
    4,037 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    Prime Columbus, Ohio location at 1394-1396 Joyce Avenue offers a 4,037 square foot special purpose building on a 14,810.4 square foot lot, currently operating as a successful auto repair business for over 30 years. The property includes four overhead doors and three lifts, allowing for efficient servicing of multiple vehicles simultaneously. An adjacent vacant alley is included in the sale. The building features two small studio apartments. The property is zoned R-3, and a junk yard license is available to a new owner. The asking price is $550,000 ($136.24/sq ft). The building and associated equipment are being sold

    Property Features for 1394-1396 Joyce Ave

    General Information

    Property type
    Specialty properties
    Square Feet
    4,037 SF

    Building Details

    Year Built
    1948
    Units
    1

    HighLights

    • Prime Columbus, OH location at 1394‑1396 Joyce Ave.
    • 4,037 SF special‑purpose building on a 14,810.4 SF lot.
    • Successful auto repair business (30+ years); includes four overhead doors and three lifts.
    • Adjacent vacant alley included.
    • Two small studio apartments on‑site.
    • R‑3 zoning; junk yard license available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9656558
    Latitude
    39.9954602

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    FAQs

    What type of property is this?
    Specialty property - Established Business, High Occupancy
    Where is this specialty property located?
    The property is located at 1394-1396 Joyce Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Prime Columbus, OH location at 1394-1396 Joyce Ave.; 4,037 SF special-purpose building on a 14,810.4 SF lot.; Successful auto repair business (30+ years); includes four overhead doors and three lifts.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1394-1396 Joyce Ave Columbus, OH 43219
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