349 W Central Avenue, Delaware, OH 43015 (MLS# 226028098)

Office/Contract Info

For Sale

Yes

Exchange

No

For Lease

No

Lease Rate $/Sq Ft

0

Remarks & Misc

Property Description

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.

Income/Expenses

Gross Income

83071

Net Operating Income

48500

Total Expenses

35000

Addl Acceptance Cond

None Known

Yes

Expenses Paid by L

Building Insurance

Yes

Cam

Yes

Repairs

Yes

RE Taxes

Yes

T Reimburses L

Curr Yr Est $/SF TRL

0

Construction

Block

Yes

Frame

Yes

Heat Fuel

Gas

Yes

Water Source

Public

Yes

Sewer

Public Sewer

Yes

Heat Type

Forced Air

Yes

Electric

Single Phase

Yes

Sprinkler

None

Yes

MLS Primary PhotoSrc

Realtor Provided

Yes

Property Features