271-285 Liberty St Powell, OH 43065
- Office Properties & Spaces
- 7,780 SF
- 1.50 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 271-285 Liberty St
- Year built
- 2006
- Lot size
- 1.50 lot acres
- Property size
- 7,780 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents two office buildings totaling 7,780 square feet situated on a 1.5-acre lot in Powell, Ohio's historic downtown district. Currently operating at 100% occupancy as of November 1st, 2023, this property offers immediate cash flow with a strong tenant base eager to extend their leases. The rent roll is available upon request with a signed Confidentiality Agreement and current leases will be provided upon receipt of a Letter of Intent and/or Purchase Contract. The property is zoned DB (Downtown Business District), providing flexibility for future development. 271 S. Liberty Street, encompassing nearly a full acre, presents significant value-add potential, allowing for expansion or the construction of an additional building. Both buildings feature unfinished basements, offering further expansion opportunities. This property represents a rare chance to acquire a fully leased, high-performing asset in a desirable location with substantial upside potential. The asking price is $2,095,000. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Powell
- County
- Delaware
- State
- Ohio
- Longitude
- -83.0747
- Latitude
- 40.1525