45 Lake St Delaware, OH 43015

Property Details for 45 Lake St

Year built

1920

Lot size

0.31 lot acres

Property size

14,850 SF

Property type

Office buildings

APN

519-431-21-014-000

APU

51943121014000

Description

This exceptional 10,000-square-foot executive office building presents a unique adaptive reuse opportunity in Delaware, Ohio's vibrant downtown. Situated on a 0.307-acre lot (APN 519-431-21-014-000), this historically significant two-story building, constructed in 1862, boasts a charming timber and frame design. Currently 100% occupied as a single-tenant property, the building features tall ceilings, a partially finished lower level with a walk-out access to a sizable rear parking lot, and recently updated restrooms. Significant mechanical and structural improvements have already been completed. The property is zoned Community Business District (B-3), allowing for flexibility in its future use, including potential residential conversion. Its prime location offers easy access to major roadways, including US-23, US-36, OH-37, and I-71. The building's historical character may qualify it for advantageous historic tax credits, presenting a compelling investment opportunity. The asking price is $499,950, translating to $50 per square foot. This is a rare chance to acquire a substantial, well-maintained property in a thriving Ohio community.

Location Insight

City

Delaware

County

Delaware

State

Ohio

Longitude

-83.0592

Latitude

40.3

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments