Industrial Manufacturing Facility with
For Sale
Contact for pricing
Pending
178 Mill St, Athens, OH 45701
A 42,000+ sf in-town manufacturing and office facility undergoing a $7+ million renovation, with conditioned space and labs.
Property SizeContact for details
Days on Market120
Property Features for 178 Mill St
General Information
Standard status
Pending
Property subtype
Office, Industrial
Listing Agency:
The Athens Real Estate Company
Listed By:
Russell Chamberlain · License #2007004228
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 8 at 6:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Athens Real Estate Company
Investment Insights
Based on property information with market context.
178 Mill St in Athens, Ohio offers a large industrial/manufacturing facility with nearly an acre of conditioned manufacturing and office space. The property is currently undergoing a $7+ million renovation and upgrade and includes a mix of office, lab, and meeting space as well as storage and warehousing areas. Additional structures, loading docks, off-street parking, zoned HVAC systems, and a sprinkler system are also part of the improvements.
Access is described as easy off State Routes 33 and 50, and the facility sits along the newly developed Stimson Avenue corridor on a 1.69-acre in-town site. Current occupants include Claypool Electric, Appalachian Renewable Power, and Stirling Technology, Inc. Significant portions of the building are currently vacant and available for development, including renovated mixed laboratory and office spaces that were recently home to Ohio University’s Center for Electrochemical Engineering Research.
The property is designated as an Ohio Opportunity Zone, which is noted as allowing investors to qualify for the Ohio Tax Credit Program.
Access is described as easy off State Routes 33 and 50, and the facility sits along the newly developed Stimson Avenue corridor on a 1.69-acre in-town site. Current occupants include Claypool Electric, Appalachian Renewable Power, and Stirling Technology, Inc. Significant portions of the building are currently vacant and available for development, including renovated mixed laboratory and office spaces that were recently home to Ohio University’s Center for Electrochemical Engineering Research.
The property is designated as an Ohio Opportunity Zone, which is noted as allowing investors to qualify for the Ohio Tax Credit Program.
Key Highlights
- 42,000+ SF in‑town industrial/manufacturing and office facility on 1.69 acres
- Nearly an acre of conditioned manufacturing and office space along the Stimson Avenue corridor
- Currently undergoing a $7+ million renovation and upgrade
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
905
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45701, OH
33,705
Population
13,230
Households
2.5
Avg Household Size
27
Median Age
57%
College-Educated
95%
High-School Grad
148.6 sq mi
ZIP Area
227
Density / Sq Mi
$49,604
Median Household Income
$13,495
Median Earnings
$1,018
Median Rent
$217,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- Ohio University Catering Services — 1 Park Pl Baker 125, Athens, OH 45701
Frequently Asked Questions
What type of property is this?
Flex space - A 42,000+ sf in-town manufacturing and office facility undergoing a $7+ million renovation, with conditioned space and labs.
Where is this flex space located?
The property is located at 178 Mill St Athens, OH.
What are key features of this property?
This property features: 42,000+ SF in‑town industrial/manufacturing and office facility on 1.69 acres; Nearly an acre of conditioned manufacturing and office space along the Stimson Avenue corridor; Currently undergoing a $7+ million renovation and upgrade
