240 Liberty StPowell, OH 43065

Property Details for 240 Liberty St

Year built

1988

Lot size

2.49 AC

Property size (Sq ft)

25,760 SF

Property type

Office properties

Property subtype

Office buildings

APN

319-425-13-077-000

APU

31942513077000

Description

Liberty Square, located at 240 N Liberty St, Powell, OH 43065, presents a fantastic opportunity for businesses seeking executive office space in a thriving location. This multi-tenant shopping center, situated at the intersection of N. Liberty Street and Grace Drive, offers 26,120 square feet of total building space, with 6,000 square feet currently vacant. Individual suites range from a minimum of 1,200 square feet to a maximum contiguous space of 2,400 square feet, providing flexibility for various business needs. The property boasts ample free parking with 165 spaces, ensuring convenient access for employees and clients. The building is in excellent condition, both inside and out, and features favorable signage opportunities for all tenants. Easy ingress and egress further enhances the property's appeal. The 2.49-acre lot is professionally managed, and friendly lease terms are available. This property is situated in the Powell submarket, within the Grace & Liberty submarket cluster, offering a prime location in an affluent neighborhood. The property's APN is 319-425-13-077-000. This is an exceptional opportunity to establish your business in a highly desirable and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,983,114

  6.5%

  $4,599,798

  7%

  $4,271,240

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,409,590

  Geo Method

  $2,409,590

• Alternative Use

  Use

  Valuation

  Residential

  $5,703,749

  Hospitality

  $5,224,603

  Educational

  $4,346,808

  Medical

  $4,496,302

  Retail

  $6,761,702

Location Insight

City

Powell

County

Delaware

State

Ohio

Latitude

40.1629

Longitude

-83.0751

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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