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

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.