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25 N High St 3,410 SF 64% Leased Retail Building Canal Winchester, OH 43110 $825,000 ($241.94/SF)

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Investment Highlights

  • Prime downtown location, one block from Waterloo Street & High Street intersection
  • First floor: 1,705 SF vacant office/retail space, Second floor: 1,705 SF residential unit with tenant in place paying $1,350/month
  • Circa 1920s two-story brick building

Executive Summary

The property is located in southeastern Franklin County within the Village of Canal Winchester (population approx. 8,600). Established in 1828 as an Erie Land Company settlement, Canal Winchester evolved from a canal and railroad town into a growing suburban community within the Columbus MSA.
The site is positioned in the heart of the Village’s downtown district, one block from the signalized intersection of Waterloo Street and High Street, and approximately one mile from State Route 33, providing convenient regional access.
The building is circa 1920's two story brick building with vacant office retail space on first floor, 1705 square feet. The second floor has the same area and is currently occupied by a residential tenant paying $1,350 per month.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,410 SF
Building Class
B
Year Built
1920
Price
$825,000
Price Per SF
$241.94
Percent Leased
64%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.11 AC
Zoning
Commercial
Parking
7 Spaces (2.05 Spaces per 1,000 SF Leased)
Frontage
26’ on N High St

Amenities

  • Security System

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,705 SF
  • Retail
  • -
  • Feb 2026

Canal Winchester is strategically located along the US-33 innovation and logistics corridor, providing direct connectivity to Downtown Columbus, the Rickenbacker Global Logistics Park, and the rapidly expanding Intel-influenced semiconductor region. The community benefits from access to a labor pool of more than 52,000 transportation and production workers within a 30-minute drive, supporting sustained industrial, commercial, and residential demand. Strong commuter inflows further reinforce local retail and service activity, positioning Canal Winchester as a growing employment and population center within Central Ohio. Industrial and employment expansion continues to drive economic momentum in the area. The OPUS Industrial Campus at Bixby Road and US-33 comprises more than 897,000 square feet across three buildings, representing over $60 million in investment and the creation of approximately 210 new jobs with more than $10 million in annual payroll. Additional development is underway along Velocity Hill Road, where new warehouse and distribution facilities are supporting advanced manufacturing and logistics users. These projects are expected to benefit from planned US-33 transportation improvements beginning in Summer 2026, further enhancing regional accessibility. Retail growth is anchored by the delivery of a new 118,337-square-foot Kroger at Greengate Plaza along Diley Road, which includes four outparcels and a fuel center. This development strengthens the surrounding retail trade area and increases daily traffic volumes. Complementing this momentum, Canal Winchester’s Old Town district continues to attract expanding restaurant, boutique, and service offerings that serve both residents and the growing daytime workforce. Public investment and infrastructure improvements further support long-term growth and quality of life. A new 30,000-square-foot Columbus Metropolitan Library, located at 123 Groveport Road and scheduled to open in January 2026, will serve as a major civic anchor and drive additional foot traffic near downtown. Ongoing streetscape, park, and pedestrian enhancements within the Old Town core continue to improve walkability and reinforce the area’s community-oriented character. Growth in Canal Winchester is guided by a deliberate and forward-looking planning framework, including adoption of the 2023–2024 Comprehensive Plan, “A Community in Action,” which directs land use, transportation, housing, and economic development policy. The City has also proposed a New Community Authority to support infrastructure for a planned 450-home development while preserving surrounding rural character, representing a first-of-its-kind farmland preservation model in Central Ohio. The historic Old Town district provides a distinctive, walkable environment anchored by preserved 19th- and early 20th-century architecture. Residents and visitors benefit from convenient access to restaurants, shops, parks, and civic buildings, supported by an active year-round calendar of community events that sustains consistent pedestrian activity and reinforces Canal Winchester’s strong sense of place.

Space Size Space Use Position Available
1st Floor 1,705 SF Retail - Feb 2026

1st Floor

Size
1,705 SF
Space Use
Retail
Position
-
Available
Feb 2026

1st Floor

Size 1,705 SF
Space Use Retail
Position -
Available Feb 2026

Canal Winchester is strategically located along the US-33 innovation and logistics corridor, providing direct connectivity to Downtown Columbus, the Rickenbacker Global Logistics Park, and the rapidly expanding Intel-influenced semiconductor region. The community benefits from access to a labor pool of more than 52,000 transportation and production workers within a 30-minute drive, supporting sustained industrial, commercial, and residential demand. Strong commuter inflows further reinforce local retail and service activity, positioning Canal Winchester as a growing employment and population center within Central Ohio. Industrial and employment expansion continues to drive economic momentum in the area. The OPUS Industrial Campus at Bixby Road and US-33 comprises more than 897,000 square feet across three buildings, representing over $60 million in investment and the creation of approximately 210 new jobs with more than $10 million in annual payroll. Additional development is underway along Velocity Hill Road, where new warehouse and distribution facilities are supporting advanced manufacturing and logistics users. These projects are expected to benefit from planned US-33 transportation improvements beginning in Summer 2026, further enhancing regional accessibility. Retail growth is anchored by the delivery of a new 118,337-square-foot Kroger at Greengate Plaza along Diley Road, which includes four outparcels and a fuel center. This development strengthens the surrounding retail trade area and increases daily traffic volumes. Complementing this momentum, Canal Winchester’s Old Town district continues to attract expanding restaurant, boutique, and service offerings that serve both residents and the growing daytime workforce. Public investment and infrastructure improvements further support long-term growth and quality of life. A new 30,000-square-foot Columbus Metropolitan Library, located at 123 Groveport Road and scheduled to open in January 2026, will serve as a major civic anchor and drive additional foot traffic near downtown. Ongoing streetscape, park, and pedestrian enhancements within the Old Town core continue to improve walkability and reinforce the area’s community-oriented character. Growth in Canal Winchester is guided by a deliberate and forward-looking planning framework, including adoption of the 2023–2024 Comprehensive Plan, “A Community in Action,” which directs land use, transportation, housing, and economic development policy. The City has also proposed a New Community Authority to support infrastructure for a planned 450-home development while preserving surrounding rural character, representing a first-of-its-kind farmland preservation model in Central Ohio. The historic Old Town district provides a distinctive, walkable environment anchored by preserved 19th- and early 20th-century architecture. Residents and visitors benefit from convenient access to restaurants, shops, parks, and civic buildings, supported by an active year-round calendar of community events that sustains consistent pedestrian activity and reinforces Canal Winchester’s strong sense of place.

Nearby Major Retailers

Huntington National Bank
Chase Bank

Property Taxes

Property Taxes

Parcel Number
184-000229
Land Assessment
$14,460
Improvements Assessment
$68,600
Total Assessment
$83,060
  • Listing ID: 39385998

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: 25 N High St, Canal Winchester, OH 43110

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