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1550 Lewis Center Road
Lewis Center OH 43035 US

$1,325,000

Active Listing ID 223031733
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Lot: 0.40 Acres
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Other

$1,325,000

Active Listing ID 223031733
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1550 Lewis Center Road 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.

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Property Features

  • Facts
  • Lot Size: 0.40 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1325000
  • unparsedaddress: 1550 Lewis Center Road
  • postalcity: Lewis Center
  • stateorprovince: OH
  • country: US
  • postalcode: 43035
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.4
  • lotsizeunits: Acres
  • lotsizearea: 0.4
  • livingarea: 7325
  • livingareaunits: Square Feet
  • latitude: 40.198982
  • longitude: -83.008818
  • listagentfullname: Matthew Hance
  • listagentemail: Listhub@exprealty.com
  • listagentkey: 3yd-CCOMLSOH-658025943
  • listagentmlsid: 658025943
  • listagentpreferredphone: 6145466641
  • listagentofficephone: 8662124991
  • listofficekey: 3yd-CCOMLSOH-10773
  • listofficemlsid: 10773
  • disclaimer: Copyright © 2024 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CCOMLSOH
  • yearbuilt: 1850
  • listingcontractdate: 2023-09-27
  • countyorparish: Delaware
  • parcelnumber: 318-213-07-002-000
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 30
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.00882, 40.198982
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP REALTY LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Listhub@exprealty.com", "ListBrokerageCity":"Westlake", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Listhub@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"EXP REALTY LLC", "ListBrokeragePhone":"(866) 212-4991", "ListBrokeragePostalCode":"44145", "ListBrokerageStateOrProvince":"OH", "ListBrokerageUnitNumber":"Suite 400", "ListBrokerageUnparsedAddress":"159 Crocker Park Blvd", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"545 Metro Place South, Ste 100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"678512189", "ListOfficeCity":"Dublin", "ListOfficeCountry":"US", "ListOfficeEmail":"oh.broker@exprealty.net", "ListOfficePostalCode":"43017", "ListOfficeStateOrProvince":"OH", "ListPriceCurrencyType":"USD", "ListingTitle":"Multiple Use - Lewis Center, OH", "ListingURL":"https://listings.listhub.net/pages/CCOMLSOH/223031733/?channel=rexren", "MLSModificationTimestamp":"2024-08-29T11:30:02Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7051, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 9:11:28 AM GMT
Source Updated Date: 11/23/2024 6:52:39 AM GMT

Courtesy of: Matthew Hance, EXP Realty, LLC, Listhub@exprealty.com

Copyright © 2024 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.