USAOHWesterville8521-8559 Olde Worthington Road

8521-8559 Olde Worthington Road, Westerville, OH

Name: 8521-8559 Olde Worthington Road, For Sale in Westerville - Zoocasa
Brand: Keller Williams Consultants
SKU: 226033661
Price: 1500000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,500,000

000

MLS® 226033661

Overview

Key Facts

Type Other

Levels Land

Size -

Garage No

Taxes $15,523

Days Active 4

Lot Size 2.9000000953674316 Acres

Approx. Age

MLS® Number 226033661

Property Address: 8521-8559 Olde Worthington Road, Westerville, OH, 43082

Average square foot calculated using Size range provided by listing agent.

Description

RARE AND DISTINCTIVE 2.9-ACRE REDEVELOPMENT OPPORTUNITY IN THE POLARIS/ORANGE TOWNSHIP CORRIDOR. Comprised of two contiguous parcels along Olde Worthington Road, this represents one of the few remaining redevelopment opportunities of its kind in this highly established and rapidly growing area. Ideally positioned for potential commercial, medical, office or mixed-use redevelopment. ORANGE TOWNSHIP has indicated a desire to see the site redeveloped and has expressed receptiveness to appropriate redevelopment 9 Providing strong potential for mixed-use, office, retail, hospitality, commercial, or condominium development) proposals, subject to zoning and required approvals. A previous medical development progressed substantially through the approval process before the transaction ultimately did not proceed due to timeline. Both existing dwellings are rented month-to-month, generating a combined $4, 000 per month and providing valuable holding income while a buyer pursues development plans. Excellent proximity to Polaris, I-71, major employers, medical, retail and surrounding residential growth. A unique opportunity to control nearly three contiguous acres in a corridor where sites of this size and redevelopment potential are becoming increasingly difficult to find. Buyer to independently verify zoning, permitted uses, utilities and all development requirements with Orange Township.

MLS® Number226033661

Laundry Level

Central VacNo

FireplaceNo

Acreage2.9

Exterior

GarageNo

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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