1234 Wheeling AveCambridge, OH 43725

Property Details for 1234 Wheeling Ave

Construction

FRAME

Lot size

0.35 AC

Property type

Retail properties

Property subtype

Gas stations

APN

06-0000044.000

APU

60000044000

Description

This turnkey business opportunity in Cambridge, Ohio, presents a rare combination of an established oil lube station and a fully operational auto repair shop. The property consists of three buildings totaling 2,958 square feet situated on a 0.58-acre lot. The oil lube station, occupying 462 square feet, includes a bay with a pit, comprehensive tools, and computer systems on both sides. Adjacent to the lube station is a 400-square-foot building providing essential storage for supplies, a break room, and restrooms. The main auto repair shop, a 2,096-square-foot building, features two overhead doors, ample indoor parking for six vehicles, two car lifts, a compressor, a laundry/bathroom, an office, and a customer waiting area. The property also includes a separate auto body shop, which is not included in the sale. The strategic location on Wheeling Avenue in downtown Cambridge ensures high visibility and accessibility. Ample parking is available, including a paved lot in front of the auto shop and additional gravel lots to the sides and rear. This well-maintained property offers immediate income potential and is priced at $719,000. The existing business infrastructure and prime location make this an exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,225,555

  6.5%

  $3,900,512

  7%

  $3,621,904

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,562,920

  Geo Method

  $3,562,920

• Alternative Use

  Use

  Valuation

  Residential

  $3,290,228

  Hospitality

  $3,013,831

  Educational

  $2,507,472

  Medical

  $2,593,708

  Retail

  $3,900,512

Location Insight

City

Cambridge

County

Guernsey

State

Ohio

Latitude

40.0242

Longitude

-81.5825

CBSA code

15740

CBSA name

CAMBRIDGE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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