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In-Town Parcel with Development Potential
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169 Mill St, Athens, OH 45701

Large parcel near Ohio University with multi-family/manufacturing zoning.

Property Size1,651 SF
Price / SF$847.97
Days on Market814

Property Features for 169 Mill St

General Information

Standard status Active
Size 1,651 SF
Class B
Property subtype Multifamily

Building Details

Year Built 1950
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: The Athens Real Estate Company
Listed By: Russell Chamberlain · License #2007004228
Source: Crexi
Added: Jun 15, 2024 Changed: Aug 26 Last Checked: Aug 31 at 6:44AM

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.

This large, open-tract parcel is located near the new Stimson Avenue roundabout and the improved "South Green" entrance to Ohio University. The property is zoned R-3 for multi-family housing, as well as manufacturing, which enjoys many permitted uses. Confirmation of potential uses should be checked with the City Code office. The property currently includes 2 rental units, providing income while developing the site. This high-growth area is proximate to Jackie O's Brewery, the bike path, retail and restaurants, large-scale student housing complexes, and light manufacturing. The property has a size of 1651 square feet.

Key Highlights

  • Large, ideally situated in‑town parcel near Stimson Avenue roundabout and Ohio University's 'South Green' entrance.
  • Zoned R‑3 for multi‑family housing and manufacturing, offering diverse development potential.
  • Currently includes 2 rental units, providing income during development.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Dental Office Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

905
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Large parcel near Ohio University with multi-family/manufacturing zoning.
Where is this commercial land located?
The property is located at 169 Mill St Athens, OH.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Large, ideally situated in‑town parcel near Stimson Avenue roundabout and Ohio University's 'South Green' entrance.; Zoned R‑3 for multi‑family housing and manufacturing, offering diverse development potential.; Currently includes 2 rental units, providing income during development.
More about this property
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