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271-285 S Liberty Street

Powell, OH 43065
  • $2,195,000
  • STATUS: Active
  • ON SITE: 185 Days
  • MLS #: 223038064
UPDATED: 119 min ago
$2,195,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,780
    SQFT
  • $282
    $/SQFT
Type:
Commercial
Built:
2006
County:
Area:

School Ratings & Info

Description

1.498 Acres with two office buildings located in the Historic District of Downtown Powell, Ohio. 7780 Sq Ft of fully leased office space (As of 11/1/23). Value-add opportunities are definitely here. Both buildings have unfinished basements. 271 S. Liberty St. is situated on close to 1 full acre which would allow for an additional building or significant addition to the existing structure. Rent-Roll available upon request with a signed Confidentiality Agreement. Currently leased at 100% occupancy. All tenants desire to remain in place for the foreseeable future. Current leases will be provided upon receipt of a Letter of Intent and/or Purchase Contract. Zoned DB Downtown Business District. Broker, John Stomps, owns units of the selling entity.

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© 2024 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Shannon Grimm & Partners Team | Howard Hanna Real Estate Services. Data last updated: 2024-05-23T19:52:04.043.
www.shannongrimm.com/homes/145377476
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271-285 S Liberty Street Powell, OH 43065

  • Price: $2,195,000
  • Status: Active
  • On Site: 185 Days
  • Updated: 119 min ago
  • MLS #: 223038064
0
Beds
0
Baths
0
½ Baths
1.5
Acres
7,780
SQFT
$282
$/SQFT
2006
Built
Neighborhood:
Historic District Downtown Powell Ohio
County:
Delaware
Area:
Powell
Property Description
1.498 Acres with two office buildings located in the Historic District of Downtown Powell, Ohio. 7780 Sq Ft of fully leased office space (As of 11/1/23). Value-add opportunities are definitely here. Both buildings have unfinished basements. 271 S. Liberty St. is situated on close to 1 full acre which would allow for an additional building or significant addition to the existing structure. Rent-Roll available upon request with a signed Confidentiality Agreement. Currently leased at 100% occupancy. All tenants desire to remain in place for the foreseeable future. Current leases will be provided upon receipt of a Letter of Intent and/or Purchase Contract. Zoned DB Downtown Business District. Broker, John Stomps, owns units of the selling entity.
Exterior Features

Construction Frame Docks 0.00 Drive In Doors 0.00 Lot Size Frontage 225 Lot Size Side 290 Parking Ratio 3 Total Parking 20.00

Interior Features

Basement Yes Building Sq Ft 7780.00 Ceiling Height Ft 9 Ceiling Height In 102 Elevators 0.00 Floors Above Grade 2.00 Heat Fuel Gas Heat Type Forced Air Max Cont Sqft Avail 5020.00 Minimum Sq Ft Available 98.00 Sprinkler None

Property Features

Alternate Uses CommercialMulti-FamilyResidential Assoc Condo Fee 0.00 Auction No Between Street1 Olentangy Street Between Street2 Bennett Parkway Building Type Multi TenantSingle User Common Area Factor 16 Corp Limit Per Auditor Powell Dist To Intersection 0.33 Electric Single Phase Expenses Contract Svc 2640.00 Expenses Electricity 1595.00 Expenses Gas 1490.00 Expenses Leasing Comm 3600.00 Expenses Off Site Management 8000.00 Expenses Property Insurance 2550.00 Expenses Real Estate Taxes 18931.00 Expenses Repairs And Maint 11000.00 Financials Effective Income 134900.00 Financials For Year Of 2024 Financials Gross Rental Income 139080.00 Financials Vacancy And Credit Loss 4180.00 For Exchange Yes For Lease No For Sale Yes Miscellaneous Air Condition Mult Parcels Sch Dis Yes Near Interchange SR 315 and I270 New Financing Conventional Occupancy Rate 100 Office Sub Type Office Possession Negotiable Previous Use Office Services Available ElectricGasSanitary SewerStorm SewerWater Tax District 24 Tax Incentive No Tax Year 2022 Taxes Yearly 18931.00 Tenant Contracts Directly Utilities Tenant Reimburses Landlord All Township Liberty Use Code 447 - OFFICE BLDG 1 AND 2 STORY Year Remodeled 2019 Zoning DB

Listing provided courtesy of John Stomps of Berkshire Hathaway HS Plus Rea: (614) 880-2800.


© 2024 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Shannon Grimm & Partners Team | Howard Hanna Real Estate Services. Data last updated: 2024-05-23T19:52:04.043.
 
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