647 Putnam Ave Zanesville, OH 43701-5504

Property Details for 647 Putnam Ave

Year built

1950

Lot size

0.39 lot acres

Property size

10,196 SF

Property type

Commercial real estate

APN

81-17-03-23-000

APU

81170323000

Description

This exceptional 2.012-acre property in Zanesville, Ohio, presents a unique development opportunity. Located at 647 Putnam Avenue (State Route 22 South), this site boasts high visibility with a daily traffic count of 13,673 vehicles. The property comprises twelve parcels, offering flexibility for various projects. Eleven parcels are vacant land, while one includes a 10,196 square-foot warehouse/garage featuring two large overhead doors, a half-bath, and an office. The property benefits from its location in both an Opportunity Zone and a Designated Community Reinvestment Area, providing access to significant tax incentives, low-interest loans, and federal, state, and local grants. All utilities are readily available. The land is zoned C-2 and RM-2, suitable for a range of light commercial and residential uses. The asking price is $499,000, with a price per square foot of $48.94. The property was built in 1950 and sits on an 89,298 square foot lot. This prime location and the available incentives make this an attractive investment for developers seeking a high-impact project in a thriving area. The property's strategic location on Putnam Avenue, a major artery out of Zanesville, ensures excellent exposure and accessibility.