4595 Main StColumbus, OH 43213

Property Details for 4595 Main St

Year built

1983

Lot size

0.58 AC

Property size (Sq ft)

2,532 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

090-000166

APU

90000166

Description

This exceptional 2,542-square-foot retail property, situated on a highly visible 0.58-acre lot (25,264 square feet), presents a unique investment opportunity in the Whitehall submarket of Columbus, Ohio. The single-story building, constructed in 1983, boasts a prime freestanding location at the busy intersection of North Hamilton and East Main Streets, offering multiple points of access and zero visibility obstructions. Previously a Wendy's restaurant, the property features a convenient drive-thru lane and ample parking, catering to a wide range of potential uses. The building is currently vacant, providing a blank canvas for a new tenant or owner-operator. Located in Franklin County, Ohio, with the address 4595 E Main St, Columbus, OH 43213, this property benefits from its high traffic count and excellent accessibility. The single-tenant configuration simplifies management and offers immediate occupancy potential. This is an ideal opportunity for investors seeking a strong foothold in a thriving retail corridor. The property's size and location make it suitable for a variety of retail concepts, taking advantage of the high visibility and convenient access. The existing infrastructure, including the drive-thru, presents significant advantages for quick-service restaurants or similar businesses. This is a rare chance to acquire a well-positioned property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $647,893

  6.5%

  $598,055

  7%

  $555,337

• Comparable approach

  Method

  Valuation

  Relative Method

  $596,845

  Geo Method

  $596,845

• Alternative Use

  Use

  Valuation

  Residential

  $504,482

  Hospitality

  $462,103

  Educational

  $384,464

  Medical

  $397,686

  Retail

  $598,055

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9551

Longitude

-82.8765

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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