Income-producing investment opportunity located in developing downtown 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 unit with kitchen, laundry and full bathroom (renovated this year) 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 generates a Net Operating Income (NOI) of $95,800.54. With an asking price of $1,295,000, the asset is priced at $177/SF, providing investors with a solid return 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.
Discover a prime 1.968-acre lot in Lewis Center, Ohio. This versatile land offers excellent potential. It is approved for a banquet hall and kitchen with potential for a retail store, or other commercial ventures. Perfectly situated in a desirable area, it provides ample space and visibility to attract foot and vehicle traffic. An adjacent lot is also available for sale, allowing for a combined total of 4.07 acres to accommodate larger projects or future expansion. Take advantage of this exceptional opportunity to establish your business in a thriving community with great growth potential.
Discover a prime 2.11-acre lot in Lewis Center, Ohio. This versatile land offers excellent potential. It is approved for a banquet hall and kitchen with the potential of a retail store, or other commercial ventures. Perfectly situated in a desirable area, it provides ample space and visibility to attract foot and vehicle traffic. An adjacent lot is also available for sale, allowing for a combined total of 4.07 acres to accommodate larger projects or future expansion. Take advantage of this exceptional opportunity to establish your business in a thriving community with great growth potential.
Great opportunity to start or expand your dry cleaning business! Located in busy neiborhood shopping centers. Growing area with high traffic count. Fully equipped with organic cleaning machine. . New Boiler system in 2022. Sales continues to increase but owners retiring. Reported 2023 sales $240,000. Financials are available to qualified buyers with signed Non - Disclosure Agreement. Do not disturb employees. Business only. Does not include real estate.
Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 11427 Read Hartman Hwy, Suite 236, Cincinnati, OH 45241
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Lewis Center is located in Ohio. Lewis Center, Ohio has a population of 26,856. Lewis Center is more family-centric than the surrounding county with 53.91% of the households containing married families with children. The county average for households married with children is 43.42%.
The median household income in Lewis Center, Ohio is $137,408. The median household income for the surrounding county is $116,284 compared to the national median of $69,021. The median age of people living in Lewis Center is 35.5 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 38.8 inches per year, with 22.6 inches of snow per year.
