Property profile

271-285 Liberty St Powell, OH 43065

OFF-MARKET
Office Spaces
7,780 SF 1.5 ac lot Built 2006
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 2006
Total area 7,780 SF
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

271-285 Liberty St Powell, OH 43065
Powell metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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