4686 Indianola Ave Columbus, OH 43214
- Self service car washes
- 3,760 SF
- 0.27 lot acres
Current Use by Public Records
- Self service car washes
Property Details for 4686 Indianola Ave
- Year built
- 1964
- Lot size
- 0.27 lot acres
- Property size
- 3,760 SF
- Zone code
- 4700
- Property type
- Self service car washes
- APN
- 010-084905
- APU
- 10084905
Description
This profitable Columbus car wash, located at 4686 Indianola Avenue, presents a unique investment opportunity. Built in 1964 and situated on two parcels totaling nearly an acre (11,761.2 sq ft), this property boasts a prime location with high visibility, just minutes from I-71 and less than 20 minutes from Easton Town Center and under 30 minutes from Downtown Columbus. The car wash has been in operation since the late 1950s and includes updated equipment and on-site maintenance personnel. Adding to its revenue streams are vending machines selling car accessories and cleaning supplies. The asking price is $1,400,000, translating to $250.90 per square foot. The property's versatility allows for continued operation as a car wash, structural conversion, or new construction. Its proximity to a COTA park and ride and a proposed rail system connecting Columbus to Cleveland and Cincinnati further enhances its long-term value. The seller is open to owner financing, making this an attractive proposition for serious investors. This is a true cash cow with significant upside potential. Located in Franklin County, Ohio, zip code 43214.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0003
- Latitude
- 40.0606
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
