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Three-Level Senior Housing Redevelopment
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202 E South St, New Knoxville, OH 45871

Flexible commercial building with freight access and redevelopment potential for senior living or community-oriented uses.

Property Size19,000 SF
Lot Size0.80 Acres
Days on Market140

Property Features for 202 E South St

General Information

Standard status Active
Size 19,000 SF
Elevators Yes
Lot size 0.80 Acres
Property subtype Multifamily, Senior Living, Special Purpose

Building Details

Buildings 1
Stories 3
Listing Agency: Irongate Inc. Commercial
Listed By: Bethany Yost · License #SAL.2017003497
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 11:22AM

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 Irongate Inc. Commercial

Investment Insights

Based on property information with market context.

This three-level commercial building provides approximately 19,000 square feet on a 0.8-acre site. The property is positioned for redevelopment into senior living, skilled nursing, or rehabilitation space, with additional potential for multifamily housing, a school, church, community center, sports facility, or market venue. Any proposed use may require a zoning change or variance.

Operational features include a freight elevator, delivery dock, and overhead door. The site also offers room for parking, outdoor amenities, or future expansion, subject to applicable approvals. Its configuration provides a substantial footprint for adapting the existing structure to a new senior housing or community-focused purpose.

Key Highlights

  • Approximately 19,000 SF across three levels
  • 0.8‑acre site with room for parking, outdoor amenities, or expansion
  • Freight elevator supports movement between building levels

Property Analytics

Current Use

Nursing homes

Suggested Use

Top Pick Plumbing Service Building Supply Auto Repair Shop Kitchen & Bath Showroom Hair Salon Electrical Service

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

80
Businesses Nearby
Well-served
Demand for This Use

Demographics for 45871, OH

2,019
Population
761
Households
2.7
Avg Household Size
41
Median Age
29%
College-Educated
98%
High-School Grad
23.6 sq mi
ZIP Area
86
Density / Sq Mi
$82,632
Median Household Income
$39,745
Median Earnings
$838
Median Rent
$202,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - Flexible commercial building with freight access and redevelopment potential for senior living or community-oriented uses.
Where is this senior housing / retirement home located?
The property is located at 202 E South St New Knoxville, OH.
What are key features of this property?
This property features: Approximately 19,000 SF across three levels; 0.8‑acre site with room for parking, outdoor amenities, or expansion; Freight elevator supports movement between building levels
(937) 979-7419 Call to check price and availability
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