165 Worth Drive, Buckeye Lake, OH 43008

$6,490,000

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List Price
$6,490,000
Price Change
▼ $5,610,000 1789585116
MLS#
225007629
Status
ACTIVE
Acres
29.28
Township
Walnut

Property Description

One of Central Ohio's most exciting mixed-use development opportunities has been repositioned for today's market. Located at the I-70 / SR-79 interchange in Buckeye Lake, this fully approved PMUD is now available as three separately purchasable development parcels totaling approximately 26.962 acres, with a combined asking price of $9,485,000. Develop one parcel or create an entire destination. SUBAREA A | RETAIL VILLAGE | 4.57 ACRES | $1,995,000 Positioned for restaurants, coffee and quick-service concepts, boutique and service retail, outdoor dining and entertainment. SUBAREA B | COMMERCIAL / HOSPITALITY | 14.57 ACRES | $4,495,000 The largest component of the development, offering opportunities for hospitality, restaurants, entertainment, office, medical, mixed-use commercial, conference/event space and other compatible uses within the approved PMUD. SUBAREA C | MULTIFAMILY | 7.822 ACRES | $2,995,000 Approved for up to 180 multifamily units, creating an opportunity for market-rate apartments, luxury rentals, active-adult housing or another compatible multifamily concept. What makes this site especially compelling is its combination of interchange visibility, approved development rights and location within the rapidly growing Licking County market--while sitting just minutes from the lifestyle and recreation of Buckeye Lake. Buckeye Lake itself is changing. What was once viewed primarily as a seasonal destination has increasingly become a year-round community, with new residential investment, substantial homes, restaurants, recreation and continued development throughout the lake area. The site is also positioned within the broader Central Ohio growth corridor, with convenient access to Columbus, Newark, New Albany and the expanding employment and technology investments throughout Licking County. Potential TIF and CRA incentives may also be available. The property is represented as being outside the FEMA flood zone, an important advantage

Additional Information

School District
Lakewood Lsd 4504 Lic Co.

Listing Courtesy of : Rudolph V Stefanitsis ---- Red 1 Realty

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