1550 Lewis Center Road
Lewis Center, OH, 43035

Price$1,325,000
Beds0
Baths0
SqFt7,325

Status:Active
Property Type:Commercial
School:
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.

Listing provided by: EXP Realty, LLC, Matthew Hance

Source: Columbus and Central Ohio Regional MLS, MLS#: 223031733

Price $1,325,000
Total Baths 0
Lot Size Area 0.4
Acres 0.4
Property Type Commercial
MLS Sub type Multiple Use
Stories 2
Year Built 1850
Heating Forced Air
Parking Spaces 30
County Delaware
Latitude 40.198982
Longitude -83.008818
Address 1550 Lewis Center Road, Lewis Center, OH 43035
Postal Code 43035
City Lewis Center
Cross Street 3rd St
State OH
Country United States
Listing Office EXP Realty, LLC
Listing Office Phone 866-212-4991
Listing Agent Matthew Hance
Listing Agent Phone 614-546-6641
Special listing conditions Standard
Terms Other, Conventional
Days on market 359
MLS Status Active
Listing Date Dec 22, 2023
Listing Last Modified Sep 19, 2024
Tax ID 318-213-07-002-000
Tax Year 2023
Tax Annual Amount 7051
MLS # 223031733

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