For Sale
$850,000

173 Olentangy StPowell, OH 43065

1,501 SF building, redevelopment potential

Overview

Added:
Dec 11, 2024
Days on market:
113
Exceptional redevelopment opportunity in Powell, Ohio's vibrant Downtown Business District. This 1.248-acre lot, featuring a 1,501 square foot existing building constructed in 1910, boasts a prime location on W Olentangy Street, experiencing high daily traffic volume of 14,550 cars. The DB zoning allows for diverse uses, including multi-family residential, retail, daycare, or medical office space. The property's strategic location offers easy access to Downtown Powell, Wedgewood Golf & Country Club, Safari Golf Club, and the Columbus Zoo & Aquarium. Surrounding properties include a mix of residential, retail, office, and industrial uses, creating a dynamic and thriving neighborhood. The two-story building sits on a sizable lot, presenting a significant land value of $681,089.74 per acre. This property presents a unique chance to capitalize on Powell's growth and create a valuable asset in a highly desirable location. The asking price is $850,000. APN: 319-432-02-003-000.

Highlights

  • Asking price: $850,000
  • 1,501 square foot building on a 1.248-acre lot in Powell, Ohio
  • Located on W Olentangy Street, a high-traffic area with 14,550 cars passing daily
  • Zoned DB - Downtown Business District, allowing for multi-family, retail, daycare, or medical office uses
  • Prime redevelopment opportunity near Downtown Powell, Wedgewood Golf & Country Club, Safari Golf Club, and the Columbus Zoo & Aquarium.

Property Details for 173 Olentangy St

Property type
Day care centers & nurseries, Retail properties
Square Feet
1,501 SF
Year Built
1910
Stories
2
Lot Size (sq. ft)
54,363 SF

Location Insight

City
Powell
County
Delaware
State
Ohio
Latitude
40.1578846
Longitude
-83.0798388
173 Olentangy St, Powell, Ohio

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173 Olentangy St
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