For Sale
$499,950

45 Lake StDelaware, OH 43015

10,000 SF Executive Office, $499,950

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • 10,000 SF historic building in downtown Delaware, Ohio.
  • Zoned Community Business District (B-3).
  • 1860s timber & frame construction.
  • Adaptive reuse opportunity for office or residential conversion.
  • Partial mechanical and structural updates complete.
  • New restrooms installed.

Property Details for 45 Lake St

Property type
Office properties
Square Feet
10,000 SF
Class
C
Year Built
1862
Buildings
1
Stories
2
Lot Size (sq. ft)
13,373 SF

Location Insight

City
Delaware
County
Delaware
State
Ohio
Latitude
40.2998863
Longitude
-83.0590836
45 Lake St, Delaware, Ohio

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45 Lake St
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