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    434 Frebis Ave Columbus, OH 43206

    Sponsored
    For Sale
    $395,000

    Profitable car wash, huge development potential.

    Property size:
    1,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1,950 square foot car wash, built in 2002, is situated on a 10,454.4 square foot lot in Columbus, Ohio's Marion Village neighborhood. Priced at $395,000 ($202.56/sq ft), this property presents a compelling investment opportunity. The established business boasts updated equipment and includes vending machines selling car accessories and cleaning supplies. Existing maintenance personnel are willing to remain. The property's prime location offers easy access to High Street, I-71, State Route 104, and Downtown Columbus (less than 20 minutes away). A nearby COTA bus stop enhances accessibility. This versatile property allows for continued operation as a car wash, structural conversion, or new construction. The seller is open to owner financing, making this an attractive proposition for various investors. The property's address is 434 Frebis Avenue, Columbus, OH 43206. This is a rare chance to acquire a thriving business with significant upside potential in a high-traffic area.

    Property Features for 434 Frebis Ave

    General Information

    Property type
    Specialty properties
    Square Feet
    1,950 SF

    Building Details

    Year Built
    2002

    HighLights

    • 1,950 SF car wash on a 10,454.4 SF lot in Columbus, OH's Marion Village neighborhood.
    • Priced at $395,000 ($202.56/SF).
    • Features updated equipment and vending machines.
    • Prime location near High Street, I‑71, State Route 104, and Downtown Columbus (under 20 minutes).
    • Seller offers owner financing.
    • Located at 434 Frebis Avenue, Columbus, OH 43206.
    Property Profile Location Intelligence

    Current Use by Public Records

    Car Wash Car Wash

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9843751
    Latitude
    39.9358027

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    FAQs

    What type of property is this?
    Specialty property - Profitable car wash, huge development potential.
    Where is this specialty property located?
    The property is located at 434 Frebis Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 1,950 SF car wash on a 10,454.4 SF lot in Columbus, OH's Marion Village neighborhood.; Priced at $395,000 ($202.56/SF).; Features updated equipment and vending machines.
    (380) 208-0761
    Request Owner's contact information
    434 Frebis Ave Columbus, OH 43206
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    Columbus, OH 43206
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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
    434 Frebis Ave Columbus, OH 43206
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