6050 Livingston AveColumbus, OH 43232

Property Details for 6050 Livingston Ave

Year built

1966

Construction

WOOD

Lot size

0.42 AC

Property size (Sq ft)

3,598 SF

Property type

Retail properties

Property subtype

Gas stations

APN

060-007296

APU

60007296

Description

This exceptional 3,598 square foot automotive building, situated on a 18,730.8 square foot lot at 6050 E Livingston Avenue in Columbus, Ohio, presents a unique investment opportunity. Built in 1966, the property boasts a 100% occupancy rate and is currently priced at $1,400,000 ($389.11 per square foot). Its strategic location, approximately 3,000 feet from the I-70/Brice Road Interchange, ensures high visibility and easy accessibility. The building features six service bays, efficiently arranged with three on each side of a central, air-conditioned reception and office area. Designed for optimal workflow and customer comfort, the facility includes four hydraulic lifts, air compressors, a shop computer with diagnostics, an office computer, and essential automotive repair equipment. Heating is provided by a waste oil system, and a fully installed security system ensures peace of mind. This turnkey property is ideal for expanding an existing automotive business or establishing a new repair shop in a thriving commercial area. The paved lot provides ample space for operations and customer parking. This is a rare opportunity to acquire a well-maintained, fully equipped automotive facility in a high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $920,663

  6.5%

  $849,843

  7%

  $789,140

• Comparable approach

  Method

  Valuation

  Relative Method

  $848,123

  Geo Method

  $848,123

• Alternative Use

  Use

  Valuation

  Residential

  $716,874

  Hospitality

  $656,653

  Educational

  $546,327

  Medical

  $565,116

  Retail

  $849,843

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9425

Longitude

-82.8329

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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