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Iconic Longaberger Basket Building Sells in Columbus

Coon Restoration acquires Longaberger building for $1.2M
January 10, 2018
Coon Restoration of Louisville has acquired the iconic Longaberger office building at 1500 E. Main St in Newark, OH for $1.2 million, according to the Licking County Auditor’s office.

Completed in 1987 in the likeness of Longaberger's medium market basket, the 180,000-square-foot, seven-story building had served as Longaberger's headquarters, but after facing financial struggles, was vacated last year.

Despite being sold under market price, the new owner of the iconic basket-shaped building reportedly has plans to convert the property along with its 21-acre site.

Brandon Hess of Shai Commercial Real Estate represented the buyer, and Bobbi Lepi of
Lepi & Associates represented the seller on the transaction.

Please see CoStar COMPS #4095733 for more information.
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