332 Winter StDelaware, OH 43015

Property Details for 332 Winter St

Year built

1955

Lot size

0.19 AC

Property size (Sq ft)

4,851 SF

Property type

Retail properties

Property subtype

Retail space

APN

519-442-22-001-000

APU

51944222001000

Description

This 5,000-square-foot warehouse, located at 332 E Winter St, Delaware, OH 43015, presents a unique investment opportunity. Built in 1955, this single-story building sits on Winter St, intersecting with E Central Ave, offering excellent visibility and accessibility. The property is zoned for small retail use, providing flexibility for a variety of businesses. The building features a 10-foot ceiling height and one drive-in door, ideal for efficient loading and unloading. The layout is adaptable, with a front area suitable for retail or office space and a spacious rear area perfect for warehouse operations. This substantial building is situated in Delaware County, Ohio, just east of the downtown area, ensuring high traffic and visibility on a major thoroughfare. The single-tenant occupancy simplifies management and provides a stable income stream. The property's versatile design and prime location make it an attractive option for a range of businesses seeking a well-maintained and strategically located warehouse space. This is a rare opportunity to acquire a well-positioned property in a thriving Ohio market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,352,008

  6.5%

  $1,248,007

  7%

  $1,158,864

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,143,482

  Geo Method

  $1,143,482

• Alternative Use

  Use

  Valuation

  Residential

  $1,052,741

  Hospitality

  $964,305

  Educational

  $802,290

  Medical

  $829,882

  Retail

  $1,248,007

Location Insight

City

Delaware

County

Delaware

State

Ohio

Latitude

40.2989

Longitude

-83.0523

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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