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1550 Lewis Center Road
Lewis Center OH 43035 US

$1,295,000

Active Listing ID 225043256
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Lot: 0.40 Acres
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$1,295,000

Active Listing ID 225043256
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1550 Lewis Center Road Income-producing investment opportunity located in developing downtown Lewis Center! This 7, 325sqft mixed-use commercial building is situated on a prime .403-acre lot with 150ft of frontage along Lewis Center Rd. 10 of 11 units currently leased to long-term tenants. 2nd floor unit with kitchen, laundry and full bathroom (renovated this year) ready to owner-occupy or further rent out. This investment opportunity offers a competitive cap rate and strong in-place income. The property is currently 91% occupied and generates a Net Operating Income (NOI) of $95, 800.54. With an asking price of $1, 295, 000, the asset is priced at $177/SF, providing investors with a solid return in a prime location. Development in the area includes: Evan's Farm -- a sprawling, unique community which will include 2, 200 single-family homes on 1, 250 acres along with commercial development along Lewis Center Rd. Jennings Sports Park -- a 56-acre park featuring multi-sport fields with synthetic turf and lights, heated batting cages, and a multi-level pavilion with concessions and restrooms. Home Rd Extension -- traffic improvement which includes road widening, a bridge overpass connecting Home Rd to Lewis Center Rd, and a traffic circle. Most of the surrounding vacant land has either been sold or is currently under contract with plans to develop more subdivisions, apartment complexes, and commercial space.

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Property Features

  • Facts
  • Lot Size: 0.40 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 1295000
  • unparsedaddress: 1550 Lewis Center Road
  • postalcity: Lewis Center
  • stateorprovince: OH
  • country: US
  • postalcode: 43035
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.4
  • lotsizeunits: Acres
  • lotsizearea: 0.4
  • livingarea: 7325
  • livingareaunits: Square Feet
  • latitude: 40.198991
  • longitude: -83.008817
  • listagentfullname: Matthew Hance
  • listagentemail: matthewvhance@gmail.com
  • listagentkey: 3yd-CCOMLSOH-658025943
  • listagentmlsid: 658025943
  • listagentpreferredphone: 6145466641
  • listagentofficephone: 6145466641
  • listofficekey: 3yd-CCOMLSOH-10773
  • listofficemlsid: 10773
  • disclaimer: Copyright © 2025 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CCOMLSOH
  • yearbuilt: 1850
  • listingcontractdate: 2025-11-17
  • countyorparish: Delaware
  • parcelnumber: 318-213-07-002-000
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 30
  • waterfrontyn: False
  • franchiseaffiliation: None
  • utilities: Water Available
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.00882, 40.19899
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP REALTY LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"matthewvhance@gmail.com", "ListBrokerageCity":"Westlake", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Listhub@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"EXP REALTY LLC", "ListBrokeragePhone":"(866) 212-4991", "ListBrokeragePostalCode":"44145", "ListBrokerageStateOrProvince":"OH", "ListBrokerageUnitNumber":"Suite 400", "ListBrokerageUnparsedAddress":"159 Crocker Park Blvd", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"545 Metro Place S Ste 100 ", "ListOfficeAddress2":"Suite 400", "ListOfficeBrokerMlsId":"10773", "ListOfficeCity":"Dublin", "ListOfficeCountry":"USA", "ListOfficeEmail":"oh.broker@exprealty.net", "ListOfficePostalCode":"43017", "ListOfficeStateOrProvince":"OH", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Lewis Center, OH", "ListingURL":null, "MLSModificationTimestamp":"2025-11-17 17:13:39", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7221, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/17/2025 3:43:57 AM GMT
Source Updated Date: 12/17/2025 6:45:25 PM GMT

Courtesy of: Matthew Hance, EXP Realty, LLC, matthewvhance@gmail.com

Copyright © 2025 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.