530 Upper Lewisburg Salem Rd - Storefront Retail/Office FOR SALE


Brookville, OH 45309
$5,500,000 USD
760-598-5104
530 Upper Lewisburg Salem Rd, Brookville, OH for Sale
$5,500,000 USD
Storefront Retail/Office - FOR SALE
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530 Upper Lewisburg Salem Rd
Brookville, OH 45309


HIGHLIGHTS

  • Highway Exposure
  • Log Cabins
  • 7.68 acres with 5 log homes and multi-purpose enclosed pole barn

OVERVIEW

This property's location doesn't get much better than this, with 7.9 acres of prime real estate right off Interstate 70. The improvements include five beautifully crafted log homes (23,000 livable square feet) and an amazing corral-style barn, that currently serve as models. Property has a beautiful creek that flows through it. The property includes a park-like setting, a looping driveway throughout and with a beautiful gazebo at the property’s entrance, allowing for a potential ceremony site, or picnic area. Fast food chains such as Taco Bell, McDonald's, and Wendy's have already done the homework regarding the interstate traffic and are established adjacent to the property. It is currently zoned with (HS) Highway Services. This zoning classification allows for present use of log home sales; however, the site cannot be used for residential purposes. The houses can be lived in by workers for any business on the property. Per the appraiser the "highest and best use" for the property would be a bed and breakfast establishment. Here is a list of suggested uses for a buyer (not limited to); log home sales, bed and breakfast, building additional hotel, real estate brokerage firm, title company, restaurant, office rental, rehab center, church, commune, retail shops, coffee shop, bakery, summer camp and the ability to build additional improvements that would cater I-70 traffic. Located off Interstate 70 at Exit 21 in Brookville, Ohio. 4 exits west of I-75 21 miles east of the Indiana/Ohio state line.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Showroom, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

7.68 AC

LAND SF

334,541 SF

ZONING

highway commercial

APN/PARCEL ID

C05-00415-0057

ASK ABOUT THIS PROPERTY

760-598-5104

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760-598-5104

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