340 Greenlawn Ave Columbus, OH 43223-2610
This exceptional 2,970-square-foot freestanding restaurant building is available for sale at $695,000. Located at 340 Greenlawn Avenue in Columbus, Ohio (zip code 43223), this single-unit property boasts excellent visibility and accessibility. Built in 1963 and extensively renovated in 2019, the building sits on a 0.64-acre lot and offers ample parking with 36 spaces on-site. The property benefits from a high-traffic location, directly off I-71 (124,837 vehicles per day) and Greenlawn Avenue (21,943 vehicles per day), providing significant exposure to potential customers. Its strategic position across from Berliner Park, a major softball complex attracting over 120,000 visitors annually, further enhances its appeal. The property is currently vacant, presenting a unique opportunity for a quick-service restaurant (QSR) or automotive-related business. The building is a single-story structure with easy ingress and egress at a signalized traffic light. The asking price per square foot is $234.01. This is a turnkey opportunity in a high-demand location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.