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
Details
MLS #
225007629
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
570
Listing Provided By
Red 1 Realty | Rudolph V Stefanitsis
Features
Zoning
Interchange Com
Acreage
29.28
Area Information
State
OH
County
Licking
City
Buckeye Lake
Zip Code
43008
School District
LAKEWOOD LSD 4504 LIC CO.
High School
LAKEWOOD LSD 4504 LIC CO.
Sourced by Back At You
MLS Number: 225007629
Rudolph V Stefanitsis – (614) 679-0397 – itsoldquick@gmail.com
Red 1 Realty – (614) 585-9020 – broker@red1realty.com
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MLS Number: 225007629
Rudolph V Stefanitsis – (614) 679-0397 – itsoldquick@gmail.com
Red 1 Realty – (614) 585-9020 – broker@red1realty.com
