349-359 W Central Ave - Medical FOR SALE


Delaware, OH 43015 | 
$1,695,000 USD
614-869-7139
349-359 W Central Ave, Delaware, OH for Sale
$1,695,000 USD
Medical - FOR SALE
1/5
null | Request Cap Rate

349-359 W Central Ave
Delaware, OH 43015


HIGHLIGHTS

  • Multiple income streams from office and self-storage components
  • Approximately 4.06-acre site with redevelopment potential
  • Five office tenants provide existing occupancy structure
  • Convenient access to downtown Delaware and the Columbus region

OVERVIEW

Located on approximately 4.06 acres along West Central Avenue in Delaware, Ohio, this unique commercial property offers a rare combination of income-producing improvements, redevelopment potential, and long-term investment value. The property features approximately 7,896 SF of office space configured for five tenants and 54 drive-up storage units totaling approximately 8,400 SF, creating multiple income streams and flexibility for investors or owner-users. With 15,000+ vehicles per day providing excellent visibility and convenient access to downtown Delaware and the greater Columbus metropolitan area, the property is well positioned to benefit from one of Central Ohio's fastest-growing markets. Existing utilities and site improvements provide immediate functionality, while below-market rents, future lease-up opportunities, and the potential for site expansion or redevelopment (subject to zoning and municipal approvals) offer significant upside. Whether acquired as a stabilized investment, owner-occupant opportunity, or long-term redevelopment play, 349 W. Central Avenue represents a compelling opportunity in the heart of Delaware County's continued commercial growth.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Central Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

4.07 AC

LAND SF

177,221 SF

ZONING

-

APN/PARCEL ID

519-341-08-014-000

ASK ABOUT THIS PROPERTY

Doug SmithWestwood Commercial Real Estate Co.More Info
614-869-7139

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Doug SmithWestwood Commercial Real Estate Co.More Info
614-869-7139

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.