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Investment Highlights

  • 1.13 ± acre commercial site on National Road (US-31) retail corridor
  • 123 ± feet of frontage along one of Columbus’ primary commercial corridors
  • Existing 6,390 SF structure on site — strong redevelopment potential for QSR, drive-thru retail, bank, or service users
  • Over 21,000 vehicles per day providing strong visibility and exposure
  • Zoned CR (Commercial Regional) allowing retail, restaurant, medical, and service uses
  • Located within a strong retail corridor with established surrounding businesses and consumer traffic

Executive Summary

3065 N National Road presents a highly visible commercial opportunity along one of Columbus, Indiana’s primary retail corridors. The property consists of approximately 1.13 acres with a 6,390 square foot building and roughly 123 feet of frontage along National Road (US-31), a heavily traveled route carrying more than 21,000 vehicles per day.
The building is currently occupied by the owner and will be delivered vacant at closing. No lease is in place, providing flexibility for redevelopment, owner-user occupancy, or repositioning as a leased investment property.
Positioned within an established commercial corridor, the site benefits from surrounding retail and service businesses that generate consistent daily traffic and visibility. The location offers convenient regional access with Interstate 65 located less than five miles away, connecting the property to Indianapolis, Louisville, and other Midwest markets.
Zoned CR (Commercial Regional), the property allows for a wide range of commercial uses including retail, restaurant, drive-thru, medical, financial services, and other service-oriented businesses. The flat site, strong frontage, and high traffic counts make it well suited for redevelopment into a quick-service restaurant, drive-thru retail, bank branch, medical use, or other high-visibility commercial development.
Columbus serves as a regional employment hub for Bartholomew County and benefits from a stable residential population, strong manufacturing employers, and consistent consumer demand supporting retail and service-oriented businesses.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,390 SF
Building Class
C
Year Built
1951
Price
$1,590,000
Price Per SF
$248.83
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.16 AC
Zoning
CR - Commercial: Regional
Frontage
108’ on North National Road
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Kroger
First Financial bank
Zaxby's Chicken Fingers & Buffalo Wings
Sunbelt Rentals
Rent-A-Center
Applebee's
Red Lobster
German American Bank
Fifth Third Bank

Property Taxes

Property Taxes

Parcel Number
03-96-18-120-000.400-005
Land Assessment
$361,900
Improvements Assessment
$85,200
Total Assessment
$447,100
  • Listing ID: 39629307

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 3065 N National Rd, Columbus, IN 47201

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