15 State StWesterville, OH 43081

Property Details for 15 State St

Year built

1900

Construction

WOOD

Lot size

0.07 AC

Property size (Sq ft)

3,612 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

080-008704

APU

80008704

Description

This exceptional retail space, located at 15 North State Street in Westerville, Ohio, presents a unique leasing opportunity. The property boasts a total of 3,532 square feet, currently configured as a single, multi-tenant building. A significant portion of the building, 1,600 square feet, is immediately available for lease. Situated in Franklin County, this location offers excellent visibility and accessibility for businesses seeking a strong presence in the Westerville market. The property's address is 15 N State St, Westerville, OH 43081, providing convenient access for customers and employees. The property is classified as commercial retail space and is ideal for a variety of businesses. The building's single suite layout offers flexibility for a single tenant or the potential for subleasing within the larger space. This prime location in Westerville offers a thriving commercial environment with high foot traffic and strong consumer demographics. The 1,600 square feet of vacant space provides ample room for a variety of retail concepts. This is an exceptional opportunity to establish or expand your business in a desirable and high-traffic area. Interested parties are encouraged to inquire for further details and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $680,323

  6.5%

  $627,990

  7%

  $583,134

• Comparable approach

  Method

  Valuation

  Relative Method

  $337,866

  Geo Method

  $337,866

• Alternative Use

  Use

  Valuation

  Residential

  $778,708

  Hospitality

  $713,292

  Educational

  $593,451

  Medical

  $613,860

  Retail

  $923,145

Location Insight

City

Westerville

County

Franklin

State

Ohio

Latitude

40.1262

Longitude

-82.9321

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].