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RECENTLY VIEWED
1550 Lewis Center Road, Lewis Center, OH 43035
sale
$1,325,000
|
Mixed Use
Courtesy Of EXP REALTY LLC
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
- Age: Over 50 Years Old
- Architecture Style: Other
- Heating System: Forced Air
- MLSID: 223031733
- Parking Spaces: 30
Directions to This Property
1550 Lewis Center Road, Lewis Center, OH 43035
Demographic Data for 1550 Lewis Center Road, Lewis Center, OH 43035
Average Age
36
Married
70%
Number of Homes
12,488
Homes with Children
53.87%
Occupation Type
Transportation to Work
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