Linda Beachy - DarbyView Realty Logo
$1,235,000
( $168.60Per Sq Foot )
 $6,630 est/mo Sourced by Back At You

1550 Lewis Center Road,Lewis Center, OH 43035

Lewis Center, OH 43035

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Description

Historical building located in the heart of Lewis Center! This 7,325sqft mixed-use commercial building is situated on a prime .403-acre lot with 150ft of frontage along Lewis Center Rd. 10 of 11 units currently leased to long-term tenants. 2nd floor office ready to owner-occupy or further rent out. This investment opportunity offers a competitive cap rate and strong in-place income. The property is currently 91% occupied and will generate a projected Net Operating Income (NOI) of $86,488 in 2026. With an asking price of $1,295,000, the asset is priced at $177/SF, providing investors with a solid return (6.7% cap rate) in a prime location. Development in the area includes: Evan's Farm -- a sprawling, unique community which will include 2,200 single-family homes on 1,250 acres along with commercial development along Lewis Center Rd. Jennings Sports Park -- a 56-acre park featuring multi-sport fields with synthetic turf and lights, heated batting cages, and a multi-level pavilion with concessions and restrooms. Home Rd Extension -- traffic improvement which includes road widening, a bridge overpass connecting Home Rd to Lewis Center Rd, and a traffic circle. Most of the surrounding vacant land has either been sold or is currently under contract with plans to develop more subdivisions, apartment complexes, and commercial space.

Details

MLS #225043256
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1850
Days On Site300
Listing Provided ByEXP Realty, LLC | Matthew Hance

Features

SQ Feet7,325
Story(s)2
Acreage0.40

Taxes

Property7221

Area Information

StateOH
CountyDelaware
CityLewis Center
Zip Code43035
Sourced by Back At You

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Linda Beachy

Linda Beachy

DarbyView Realty

 (614) 581-4157linda@darbyview.com
StateOH
CountyDelaware
CityLewis Center
Zip Code43035
Sourced by Back At You
Listing Updated: September 11, 2026 at 12:18:11 PM PDT

Linda Beachy - DarbyView Realty