515 State St Westerville, OH 43081-2921
This exceptional retail property, located at 515 S State Street in Westerville, Ohio, presents a unique leasing opportunity. Situated on a 0.77-acre lot in the heart of Westerville's premier retail corridor, this single-tenant building offers 3,429 square feet of vacant space, ideal for a variety of commercial uses. The property's address is 515 S State St, Westerville, OH 43081, within Franklin County. The building is classified as both retail and land, making it suitable for businesses requiring both storefront presence and potential for outdoor operations. The entire 3,429 square feet is currently available for lease, providing a blank canvas for a new tenant to customize the space to their specific needs. Its location within a thriving retail area ensures high visibility and foot traffic, offering significant potential for business growth. This property represents a compelling investment opportunity for businesses seeking a prominent location in a dynamic and desirable market. The property's size and location make it an attractive option for a wide range of retail businesses. Interested parties are encouraged to inquire further to explore the possibilities.
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Yespress Graphics, LLC (Bike/Boat/Book/etc) Store Printing Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.