Style: Multiple Use
Sq Ft: 7325
Year Built: 1850
$1,325,000
1550 Lewis Center Road, Lewis Center, OH 43035, US
Remarks
Income-producing investment opportunity located in developing downtown Lewis Center! This 7,325sqft mixed-use commercial building is situated on a prime .403-acre lot with 150ft of frontage along Lewis Center Rd. 10 current businesses operating with long-term leases. Move your operation into 1 vacant space located on the 2nd floor: seller's current office (1,200sqft) which features a kitchen, utility room, and full bathroom. Or further lease to generate additional revenue. Market value per sqft for office space in the area is between $25-$30. Large gravel sitting area added in 2023 to side of building for Whit's customers. Potential to increase gross revenue at 100% occupancy to $145,920 which would equate to a 8.4% cap rate.Details
MLS#: 223031733Price: $1,325,000
Style: Multiple Use
Sq Ft: 7325
Year Built: 1850
County: Delaware
Tax Fee: 7051
Resources
Broker Contact
EXP Realty, LLC
545 Metro Place South, Ste 100
Dublin, OH, 43017
US
Sarah Ford
866-212-4991
oh.broker@exprealty.net
545 Metro Place South, Ste 100
Dublin, OH, 43017
US
Sarah Ford
866-212-4991
oh.broker@exprealty.net
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Columbus and Central Ohio Multiple Listing Service
Last updated: 2024-08-29T11:30:02.000-04:00.
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