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    709 Deacon St Hebron, OH 43025
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    709 Deacon St, Hebron, OH 43025

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    • Specialty properties
    • 54,861 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Specialty properties

    Property Details for 709 Deacon St

    Property type
    Specialty properties

    Description

    This exceptional 54,861 square foot special purpose property, located at 709 Deacon Street in Hebron, Ohio, presents a unique investment opportunity. Situated on a sprawling 9-acre lot (408,157.2 sq ft), this three-story building offers immense potential for adaptive reuse. Previously utilized as a school, the property boasts a wealth of existing features, including numerous classrooms, offices, restrooms, a full-service cafeteria, a commercial kitchen, and a gymnasium complete with a stage and seating. A handicap lift ensures accessibility throughout the building. The asking price is $495,000, translating to a price per square foot of $9.02. The property's substantial size and versatile layout make it ideally suited for a variety of uses, including but not limited to, a church, apartment complex, or office space. Its prime location in Hebron, Ohio (zip code 43025), within Licking County, offers convenient access to local amenities and transportation routes. This is a rare chance to acquire a large-scale property with significant upside potential, ready for its next chapter. The property's existing infrastructure significantly reduces the initial investment required for redevelopment, making it an attractive proposition for discerning investors seeking a high-return opportunity. The building's classic architecture and spacious layout provide a solid foundation for a variety of innovative and exciting projects.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Hebron
    County
    Licking
    State
    Ohio
    Longitude
    -82.4966
    Latitude
    39.9588
    More about this property
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