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$ 70,000
Est. payment | /mo
1,742 Sqft Lot
$ 70,000
Est. payment | /mo
1,742 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226020494
Annual Tax Amount $1,072
Lot Size 1,742 Sqft
Lot Dimensions 0.04
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
Strategic residential or mixed-use redevelopment parcel near Interstate 70 in Somerford Township/London, Ohio. The cleared parcel at 2750 Old US 40, London, OH 43140 is offered at $70,000 and may be purchased separately or together with the adjoining property at 50 N SR 56, London, OH 43140, which is offered at $199,000.
The 2750 Old US 40 parcel was formerly improved with a structure and is now cleared, creating a practical support site for redevelopment, expansion, or added site functionality. With side street access and proximity to the intersection of SR 56/Urbana-London Road and Old US 40, the parcel may support additional parking, green space, access improvements, equipment staging, future building expansion, or other redevelopment uses, subject to buyer verification.
The adjoining 50 N SR 56 property features approximately 132 feet of frontage along SR 56/Urbana-London Road, an approximately 3,616 SF usable building shell, and existing water, sewer, and electric connections. When purchased together, the two parcels create a more versatile assemblage with additional site flexibility, existing infrastructure, and stronger redevelopment potential.
Potential uses may include residential redevelopment, duplex, or other residential/mixed-use concepts, subject to buyer verification of zoning, permitted uses, utilities, approvals, and development feasibility. If zoning, variance, conditional use, or other applicable approvals allow commercial use, the property may also have potential for food service, retail, office, contractor/service business, parking expansion, storage, or other commercial applications.
Excellent opportunity for an owner-user, investor, or developer seeking a flexible redevelopment parcel with optional adjoining land, existing nearby infrastructure, and future use potential near I-70.
The 2750 Old US 40 parcel was formerly improved with a structure and is now cleared, creating a practical support site for redevelopment, expansion, or added site functionality. With side street access and proximity to the intersection of SR 56/Urbana-London Road and Old US 40, the parcel may support additional parking, green space, access improvements, equipment staging, future building expansion, or other redevelopment uses, subject to buyer verification.
The adjoining 50 N SR 56 property features approximately 132 feet of frontage along SR 56/Urbana-London Road, an approximately 3,616 SF usable building shell, and existing water, sewer, and electric connections. When purchased together, the two parcels create a more versatile assemblage with additional site flexibility, existing infrastructure, and stronger redevelopment potential.
Potential uses may include residential redevelopment, duplex, or other residential/mixed-use concepts, subject to buyer verification of zoning, permitted uses, utilities, approvals, and development feasibility. If zoning, variance, conditional use, or other applicable approvals allow commercial use, the property may also have potential for food service, retail, office, contractor/service business, parking expansion, storage, or other commercial applications.
Excellent opportunity for an owner-user, investor, or developer seeking a flexible redevelopment parcel with optional adjoining land, existing nearby infrastructure, and future use potential near I-70.
Location
State OH
County Madison
Area 0.04
Zoning R1
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools London Csd 4903 Mad Co.
School District London Csd 4903 Mad Co.
Others
Tax ID 24-01061.000
Listed by Stephen Stuthers e-Merge Real Estate
NEARBY SCHOOLS & PROPERTIES
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