Great opportunity to establish your new restaurant or expand into the Polaris area. This restaurant has full kitchen equipment and plenty of space for your new venture. Plenty of upside potential.
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 current businesses operating with long-term leases. Move your operation into 1 vacant space located on the 2nd floor: seller's current office (1,200sqft) which features a kitchen, utility room, and full bathroom. Or further lease to generate additional revenue. Market value per sqft for office space in the area is between $25-$30. Large gravel sitting area added in 2023 to side of building for Whit's customers. Potential to increase gross revenue at 100% occupancy to $145,920 which would equate to a 8.4% cap rate.
The median home value in Lewis Center, OH is $455,000. This is higher than the county median home value of $444,700. The national median home value is $338,100. The average price of homes sold in Lewis Center, OH is $455,000. Approximately 73.72% of Lewis Center homes are owned, compared to 22.62% rented, while 3.66% are vacant. Lewis Center real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lewis Center real estate agent to arrange a tour today!
Lewis Center, Ohio 43035 has a population of 26,856. Lewis Center 43035 is more family-centric than the surrounding county with 53.91% of the households containing married families with children. The county average for households married with children is 43.42%.
The median household income in Lewis Center, Ohio 43035 is $137,408. The median household income for the surrounding county is $116,284 compared to the national median of $69,021. The median age of people living in Lewis Center 43035 is 35.5 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 38.8 inches per year, with 22.6 inches of snow per year.