Property profile

32 Olentangy St Powell, OH 43065

OFF-MARKET
Retail space
Property ID
US66-0149237
1,230 SF 0.2 ac lot Built 1930
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,230-square-foot traditional office space in Powell, Ohio, presents a unique opportunity. Located at 32 E Olentangy Street, near N. Liberty Street, this single-tenant building boasts a prime location within the Downtown Business District (Zoning: Downtown Business District, APN: 319-425-13-057-000). Built in 1930 and extensively renovated in 2021, the property offers a blend of historic charm and modern functionality. Currently, approximately 500 square feet is available for lease, ideal for a 1-2 year term. The available space includes two rooms measuring 14' x 28' and 14' x 8.5'. Shared amenities include a rear lobby and lavatory (shared with the building owner), and all utilities are included in the lease. On-site parking accommodates 4-5 vehicles, with additional public parking nearby. The property sits on a 0.2-acre lot and comprises one building with a total of one suite. This is an excellent opportunity for a business seeking a well-maintained, conveniently located office space in the heart of Powell.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 1,230 SF
Lot 0.2 ac (8,712 SF)
APN 319-425-13-057-000
UPID US66-0149237

Cap rate & NOI

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

Location

32 Olentangy St Powell, OH 43065-9070
Powell metro Census 11423 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2021
Last sale
$415,000
2 recorded transactions
2021
$415,000
2005
$203,000

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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