2042 Vermont Ave Columbus, IN 47201
This exceptional mixed-use property at 2042 Vermont Avenue in Columbus, Indiana presents a unique investment opportunity. Boasting a total of 1,326 square feet on a 0.13-acre corner lot, this building offers unparalleled flexibility for a variety of commercial uses. The property's strategic location on the east side provides easy access to major thoroughfares, ensuring high visibility and convenient transportation links. The building comprises two distinct areas: a 576 square foot finished office space, ideal for administrative functions or client meetings, and a 576 square foot finished garage. This garage is exceptionally well-equipped for a range of businesses, featuring 240V electrical outlets, a compressed air system, and a convenient center floor drain. The combination of office and garage space makes this property perfect for businesses requiring both workspace and a workshop or storage area. The ample off-street parking further enhances the property's appeal, providing convenient parking for employees and customers. Priced competitively at $139,000, this property represents an excellent value for entrepreneurs seeking a ready-to-use commercial space with significant potential. Its versatile design and prime location make it an ideal choice for a small automotive business, maintenance operation, or a commercial workshop, among other possibilities. Don't miss this chance to acquire a well-maintained and strategically located commercial property in a thriving area of Columbus.
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Wedan Street & Performance Auto Parts Store
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WSP PERFORMANCE TRANSMISSIONS Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.