592 Mulberry St Blacklick, OH 43004
- Commercial real estate
- 2,048 SF
- 0.37 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 592 Mulberry St
- Year built
- 1924
- Lot size
- 0.37 lot acres
- Property size
- 2,048 SF
- Property type
- Commercial real estate
- APN
- 170-000398 and 170-000399
Description
This exceptional investment opportunity presents a 2,048 square foot traditional office building located at 592 Mulberry Street in Blacklick, Ohio, 43004. Currently 100% occupied until June 25th, 2024, this property offers a compelling owner-user scenario or strong rental potential. The building, constructed in 1924, sits on a 0.37-acre lot and features two stories. The property is zoned for residential and potential office space, offering flexibility for future development. The asking price is $331,000, translating to $161.62 per square foot. The property includes an attached garage currently configured for mechanical use, and four on-site parking spaces. The two parcels comprising the property are identified by APNs 170-000398 and 170-000399. Given the zoning (commercial service and residential in Jefferson Township), there's potential for future expansion or redevelopment, including the possibility of constructing a warehouse or additional commercial building on the site. This is a rare opportunity to acquire a well-located, versatile property in a growing area. The building's current occupancy provides immediate cash flow, while the zoning and lot size offer significant long-term potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Blacklick
- County
- Franklin
- State
- Ohio
- Longitude
- -82.8119274
- Latitude
- 39.9953391
