Property profile

2042 Vermont Ave Columbus, IN 47201

OFF-MARKET
Mixed-use properties
Property ID
US31-2104487
1,326 SF 0.13 ac lot Built 1947
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Year built 1947
Total area 1,326 SF
Lot 0.13 ac (5,663 SF)
UPID US31-2104487

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store
  • Auto Parts Store

Location

2042 Vermont Ave Columbus, IN 47201
Columbus metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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