$1,695,000
Delaware, OH 43015
MLS# 226028098
16296 sqft
1 / 19
Property Description
Located on approximately 4.06 acres along West Central Avenue in Delaware, Ohio, this unique commercial property offers a rare combination of income-producing improvements, redevelopment potential, and long-term investment value. The property features approximately 7,896 SF of office space configured for five tenants and 54 drive-up storage units totaling approximately 8,400 SF, creating multiple income streams and flexibility for investors or owner-users. With 15,000+ vehicles per day providing excellent visibility and convenient access to downtown Delaware and the greater Columbus metropolitan area, the property is well positioned to benefit from one of Central Ohio's fastest-growing markets. Existing utilities and site improvements provide immediate functionality, while below-market rents, future lease-up opportunities, and the potential for site expansion or redevelopment (subject to zoning and municipal approvals) offer significant upside. Whether acquired as a stabilized investment, owner-occupant opportunity, or long-term redevelopment play, 349 W. Central Avenue represents a compelling opportunity in the heart of Delaware County's continued commercial growth.
Details
Maps
Location & Property Info
City (Mailing Addr): Delaware
Corp LimitPerAuditor: Delaware
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: No
Lease Rate $/Sq Ft: 0
General Property Info
Total SqFt Available: 0
Bldg Sq Ft: 16296
Max Cont Sqft Avail: 0
Minimum Sqft Avail: 0
# of Docks: 0
Lot Size (Side): 550
Use Code: 429 - OTHER RETAIL STRUCTURES
# of Floors Above Gr: 1
Acreage: 4.06
Tax Info
Zoning: C-GC
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 51934108013000
Tax Abatement: No
Taxes (Yrly): 18793
Tax Incentive: No
Parcel #: 519-341-08-014-000
Tax Year: 2025
Remarks & Misc
Property Description: Located on approximately 4.06 acres along West Central Avenue in Delaware, Ohio, this unique commercial property offers a rare combination of income-producing improvements, redevelopment potential, and long-term investment value.
The property features approximately 7,896 SF of office space configured for five tenants and 54 drive-up storage units totaling approximately 8,400 SF, creating multiple income streams and flexibility for investors or owner-users. With 15,000+ vehicles per day providing excellent visibility and convenient access to downtown Delaware and the greater Columbus metropolitan area, the property is well positioned to benefit from one of Central Ohio's fastest-growing markets.
Existing utilities and site improvements provide immediate functionality, while below-market rents, future lease-up opportunities, and the potential for site expansion or redevelopment (subject to zoning and municipal approvals) offer significant upside. Whether acquired as a stabilized investment, owner-occupant opportunity, or long-term redevelopment play, 349 W. Central Avenue represents a compelling opportunity in the heart of Delaware County's continued commercial growth.
Income/Expenses
Gross Income: 83071
Net Operating Income: 48500
Total Expenses: 35000
Addl Acceptance Cond
None Known: 1
Expenses Paid by L
Building Insurance: 1
Cam: 1
Repairs: 1
RE Taxes: 1
T Reimburses L
Curr Yr Est $/SF TRL: 0
Construction
Block: 1
Frame: 1
Heat Fuel
Gas: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Heat Type
Forced Air: 1
Electric
Single Phase: 1
Auction Info
Auction/Online Bidding Y/N: No
Sprinkler
None: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 16950000
List Price: $1,695,000
Property Sub Type: Mixed Use
Street #: 349
Street PreDirection: W
Street Name: Central
Street Suffix: Avenue
County: Delaware
State: OH
Zip Code: 43015
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2026-07-25
Property Features
Addl Acceptance Cond: None Known
Expenses Paid by L: Building Insurance; Cam; Repairs; RE Taxes
Heat Fuel: Gas
Heat Type: Forced Air
Electric: Single Phase
Water Source: Public
Sewer: Public Sewer
Construction: Block; Frame
Sprinkler: None
MLS Primary PhotoSrc: Realtor Provided
Listing Office: The Westwood Real Estate Co.
Listing Agent: Douglas D Smith
Last Updated: July - 29 - 2026
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