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Historic Office Building
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45 Lake St, Delaware, OH 43015

Historic timber-and-frame office building offers B-3 zoning, new restrooms, and a walk-out lower level to rear parking.

Property Size10,000 SF
Price / SF$49
Days on Market744

Property Features for 45 Lake St

General Information

Standard status Active
Size 10,000 SF
Property subtype RETAIL
Zoning B-3

Additional Details

Highway Access Yes

Building Details

Buildings 1
Building Size 10,000 SF
Construction timber & frame
Listing Agency: NAI Ohio Equities
Listed By: Dan Sheeran Jr. · License #2016006190
Source: Moodyscre
Added: Jul 19, 2024 Changed: Jul 30 Last Checked: Jul 30 at 7:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Ohio Equities

Investment Insights

Based on property information with market context.

Located downtown, this historic timber and frame building offers approximately 10,000 SF of usable space and is zoned Community Business District (B-3). Built in the 1860s, the property features a walk-out lower level that leads to a large rear parking lot, supporting convenient on-site access.

Selected mechanical and structural updates have been completed, and new restrooms have been installed. The building has been positioned as an adaptive rehab for office use, with the possibility of residential conversion also noted.

For buyers evaluating connectivity, the property is located minutes from US-23, US-36, OH-37 and I-71. Possible historic tax credits are also listed as a consideration for qualified rehabilitation projects.

Key Highlights

  • Approximately 10,000 SF historic timber‑and‑frame building
  • Zoned Community Business District (B‑3)
  • Built in the 1860s timber and frame structure

Property Analytics

Current Use

Foust Engineering Inc Engineer

Suggested Use

Top Pick Daycare Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,028
Businesses Nearby

Demographics for 43015, OH

57,563
Population
23,287
Households
2.5
Avg Household Size
38
Median Age
47%
College-Educated
96%
High-School Grad
127.9 sq mi
ZIP Area
450
Density / Sq Mi
$99,622
Median Household Income
$50,799
Median Earnings
$1,207
Median Rent
$311,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Historic timber-and-frame office building offers B-3 zoning, new restrooms, and a walk-out lower level to rear parking.
Where is this office building located?
The property is located at 45 Lake St Delaware, OH.
What is the asking price?
The asking price for this property is $499,950.
What are key features of this property?
This property features: Approximately 10,000 SF historic timber‑and‑frame building; Zoned Community Business District (B‑3); Built in the 1860s timber and frame structure
(513) 310-5497 Call to check price and availability
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