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    224-232 Lafayette St London, OH 43140

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    For Lease
    Contact for pricing

    High-traffic retail space available in London, OH

    Lot size:
    106,958 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    London Plaza, located at 224-232 Lafayette Street in London, Ohio (zip code 43140), presents a prime retail investment opportunity. This multi-tenant commercial property boasts a total of 106,958 square feet, built in 1990, and sits on a generous 13.88-acre lot. Currently, there is 1,800 square feet of vacant retail space available for lease, perfect for a variety of businesses. The property is zoned for commercial use and is conveniently located in Madison County, Ohio. Ample parking is provided with 600 spaces available for customers and employees. The property's strategic location and substantial size offer excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their presence in the thriving London market. The existing infrastructure and ample parking ensure a seamless and convenient shopping experience for patrons. This opportunity allows businesses to benefit from a well-established location with significant foot traffic potential. The 1,800 square feet of vacant space offers a flexible layout adaptable to various retail concepts. This is a rare opportunity to secure retail space in a well-established center in a desirable location.

    Property Features for 224-232 Lafayette St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    106,958 SF

    Building Details

    Year Built
    1990

    Unit(s) available at that property

    Space
    Suite 14B
    Size
    1,800 SF

    HighLights

    • Kroger‑anchored shopping center, London Plaza.
    • Prime retail location on US 42, 26 miles west of Columbus.
    • High visibility with traffic signal access from US 42.
    • 26,000 vehicles per day (VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    London
    County
    Madison
    State
    Ohio
    Longitude
    -83.4361321
    Latitude
    39.8962411

    Nearby Comparable

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    Nearby Similar for Lease

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      Eagleton Center Office Space Available

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      View Details
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      Up to 292,500 SF available for lease near I-70.
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      Warehouse and retail spaces for lease in London, OH.
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      Warehouse Space For Lease

      2,666 SF warehouse space available for lease.
      231-235 Lafayette St, London, OH 43140
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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available in London, OH
    Where is this retail property located?
    The property is located at 224-232 Lafayette St London, OH.
    What are key features of this property?
    This property features: Kroger-anchored shopping center, London Plaza.; Prime retail location on US 42, 26 miles west of Columbus.; High visibility with traffic signal access from US 42.
    Request Owner's contact information
    224-232 Lafayette St London, OH 43140
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    London, OH 43140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    224-232 Lafayette St London, OH 43140
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