1071 Us Highway 68 Urbana, OH 43078
- Office buildings
- 1,118 SF
- 0.29 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1071 Us Highway 68
- Year built
- 1960
- Lot size
- 0.29 lot acres
- Property size
- 1,118 SF
- Property type
- Office buildings
- APN
- K48-25-11-02-31-012-00
- APU
- K482511023101200
Description
This exceptional mixed-use property in Urbana, Ohio presents a unique investment opportunity. Strategically positioned at the high-traffic intersection of US Highway 68 and State Route 55, this 2.53-acre site offers significant development potential. The property comprises three parcels, including 1071, 1075, and 1077 S. Main Street. The main parcel, 1071 S. Main Street, boasts 1,118 square feet of office space complemented by two single-car garage bays, providing immediate income potential or flexible workspace. Additionally, 1075 S. Main Street features a 2-bedroom, 1-bathroom rental home spanning 896 square feet. The third parcel, 1077 S. Main Street, encompasses a substantial portion of the acreage and includes an older 28x20 garage and a 440-square-foot home that is currently uninhabitable due to a previous fire. This presents a blank canvas for redevelopment or expansion. The combined properties offer a versatile blend of existing structures and ample land, ideal for a variety of commercial ventures or redevelopment projects. The high visibility and prime location ensure strong potential for future growth and return on investment. This is a rare opportunity to acquire a substantial property in a thriving Ohio community. The property is priced at $349,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Urbana
- County
- Champaign
- State
- Ohio
- Longitude
- -83.7543
- Latitude
- 40.0934
- CBSA code
- 46500
- CBSA name
- URBANA, OH MICROPOLITAN STATISTICAL AREA
