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Property profile & analytics
FOR SALE
Auto shops

1550 Cleveland Ave Columbus, OH 43211

4,724 SF 0.46 ac lot Built 1946
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-5471335
Property summary
AI-generated overview

This exceptional 4,724-square-foot special purpose property, situated at 1550 Cleveland Avenue in Columbus, Ohio, presents a unique investment opportunity. Built in 1946, the building currently functions as a commercial automotive garage and offers significant potential for repurposing given its prime location and size. The property boasts a generous 20,037.6-square-foot lot, providing ample space for expansion or additional development. The asking price is $593,600, translating to a price per square foot of $151.54. The net rentable area is 3,917 square feet. Its convenient location offers easy access to public transportation via the bus line and is just minutes from Downtown Columbus, ensuring high visibility and accessibility. This property's central location and substantial size make it an attractive option for a variety of commercial uses, offering a compelling investment prospect for discerning buyers seeking a versatile space with redevelopment potential in a thriving urban area. The property is located in Franklin County, Ohio, with a zip code of 43211.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1946
Construction WOOD
Total area 4,724 SF
Lot 0.46 ac (19,863 SF)
APN 010-011265
UPID US66-5471335
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kankan Auto & Body Shop Auto Repair Shop
  • Hartoberes Home Insurance Columbus OH Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Aamf3 LLC · 3 yrs held
Aamf3 LLC
since 2023
Last sale
$29,100
3 recorded transactions
2023
Price N/A
2009
$29,100
1999
$26,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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