For Sale
$2,000,000

8870 Columbus PikeLewis Center, OH 43035

High-traffic Meijer outparcel, fully entitled.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Lewis Center, Ohio. Located on the heavily trafficked US-23 (Columbus Pike), this fully entitled site boasts an existing site plan for a state-of-the-art car wash, featuring a 200-foot tunnel, 16 covered and 18 uncovered vacuum stalls, and two pay stations. The property benefits from its strategic location within a thriving retail corridor, sharing access with a high-performing Meijer supermarket that attracts nearly 2 million annual visitors. Nearby, a strong concentration of national retailers including Dollar Tree, McDonald's, Wendy's, Walmart, Chipotle, Popeyes, Arby's, Chase Bank, Bank of America, T-Mobile, Kohl's, Subway, Staples, Five Guys, Smoothie King, and Tim Hortons, further enhances the property's visibility and appeal. The site's exceptional location on US-23, a major north-south highway with approximately 30,000 vehicles per day, ensures high traffic counts and significant exposure. Moreover, the surrounding community demonstrates robust demographics, with a 5-mile radius population of 179,690 and an average household income of $159,304, projected to grow at an annual rate of 2.63% between 2024 and 2029. The property's proximity to downtown Columbus (approximately a 20-minute drive) adds to its desirability, given Columbus's status as a rapidly growing metro area with strong wage and population growth. This fully entitled car wash site offers significant redevelopment upside, while also presenting opportunities for other commercial uses, including banks, quick-service restaurants, and additional retail establishments. The asking price for this fee-simple ownership opportunity is $2,000,000. The property is zoned for commercial use.

Highlights

  • $2,000,000 asking price for a 2-acre retail land parcel.
  • Fully entitled car wash site with a 200-foot tunnel, 16 covered and 18 uncovered vacuum stalls, and two pay stations.
  • Excellent location with high traffic counts, shared access with a high-performing Meijer (nearly 2 million annual visits), and proximity to other national retailers.
  • High-traffic location on US-23 (Columbus Pike), a major north-south highway with approximately 30,000 vehicles per day (VPD).
  • Strong demographics: 5-mile radius population of 179,690, average household income of $159,304, projected 2.63% annual growth (2024-2029).
  • Approximately 20 minutes from downtown Columbus, Ohio.

Property Details for 8870 Columbus Pike

Property type
Retail properties, Land
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Lewis Center
County
Delaware
State
Ohio
Latitude
40.159897424838
Longitude
-83.020132120506
8870 Columbus Pike, Lewis Center, Ohio

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8870 Columbus Pike
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