Downtown Springfield Commerical Land

0 W High St Springfield, OH 45506

0 W High St, Springfield, OH, 45506
0 W High St, Springfield, OH, 45506 0 W High St, Springfield, OH, 45506 0 W High St, Springfield, OH, 45506
FOR SALE
Property Type:
Other Land
Amount:
$599,000
Last Verified:
Oct 07, 2024

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Highlights

  • 2.85-Acre Mixed-Use Development Site in Downtown Springfield
  • Signalized Intersection of W. High Street & S. Wittenberg Avenue
  • Zoned Neighborhood Commercial District (CN-2)
  • All Utilities Available to Site
  • Many Permitted Uses Including Retail, Multi-Family, Office, Entertainment, Hotel, etc.
  • Located Within Springfield's Downtown Vision Plan
  • City, County and State Incentives May Be Available: http://www.expandgreaterspringfield.com/site-selection/incentives
  • 2 Blocks South of US-40 and 2.5 Miles North of I-70

Description

Located within the Downtown Vision Plan for Springfield, Ohio, this property offers a prime opportunity to be part of the revitalization of downtown Springfield! This property contains 2.85 acres of mixed-use commercial land ready for development in Springfield! Zoned Neighborhood Commercial District (CN-2), this site is permitted for multiple uses, including retail, residential, recreational, industrial and other uses (see CN-2 zoning code more details on permitted uses). The site is located just 2 blocks south of US-40 and 2.5 miles north of I-70.

Located on West High Street between S. Lowry Avenue and S. Wittenberg Avenue in downtown Springfield, Ohio. Just minutes from US-40 and I-70.

Building Size: 0sq ft
Lot Size: 2.85 acres


Documents

Springfield Land Sale Flyer

Map of 0 W High St, Springfield, OH, 45506

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.