60 Hill RdPickerington, OH 43147

For Sale
$295,000

Historic Office, Prime Location, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
92
This meticulously restored, turn-of-the-century office building presents a unique investment opportunity in Pickerington, Ohio. Located on a 0.01-acre lot at 60 Hill Rd S, this 1,638 square foot property boasts excellent visibility within the beautifully landscaped Dovel Place Business Campus. The two-story building, with a finished basement, offers a blend of classic charm and modern functionality. The first floor features a private office, reception area, kitchen, and restroom. The second floor includes a private office, conference room, and media room, along with an additional restroom. The building's 1,638 square feet are comprised of 565 square feet on the first floor, 565 square feet on the second floor, and 508 square feet in the finished basement. The property is zoned for office use and benefits from close proximity to shops, services, and restaurants. Building and street-front post signage is available. The asking price is $295,000, representing a price per square foot of $180.10 and a 5.66% capitalization rate with a Net Operating Income (NOI) of $16,686. This vacant, gross lease property is a single-unit building constructed in 1900. The property's APN is 04-10269-614. This is an exceptional opportunity to acquire a fully restored, historically significant commercial property in a thriving Ohio community.

Highlights

  • $295,000 asking price for this 1,638 square foot office building.
  • Gross lease, currently vacant, with a 5.66% cap rate and $16,686 NOI.
  • Located at 60 Hill Rd S, Pickerington, OH 43147, this traditional office building features 1,638 square feet of net rentable space, priced at $180.10 per square foot.
  • The property is a completely restored, two-story building (plus finished basement) built in 1900, situated on a 0.01-acre lot.
  • The building includes a first-floor reception area, kitchen, and restroom, and a second-floor conference room and media room.

Property Details for 60 Hill Rd

Property type
Other office properties, Office properties
Square Feet
1,638 SF
Year Built
1900
Buildings
1
Stories
2
Lot Size (sq. ft)
436 SF
Units
1

Location Insight

City
Pickerington
County
Fairfield
State
Ohio
Latitude
39.8830677
Longitude
-82.7583329
60 Hill Rd, Pickerington, Ohio

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].
60 Hill Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message