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    OFF-MARKET
    Retail space

    32 Olentangy St, Powell, OH 43065-9070

    1,230 SF 0.2 ac lot Built 1930
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US66-0149237
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    by Request
    Owner & transaction history
    Olentangy 32 LLC · 4 yrs held
    Olentangy 32 LLC
    since 2021
    Last sale
    $415,000
    2 recorded transactions
    2021
    $415,000
    2005
    $203,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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