For Sale
$3,900,000

995 Elm StMilford, OH 45150

14.2-Acre Multi-Use Property, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 14.2-acre commercial property in Milford, Ohio, presents a unique investment opportunity. Currently operating as a highly profitable salvage yard for over 50 years, the site boasts a substantial 17,500 square-foot metal building, multiple warehouses, office space, and two houses. The property features a partially concreted lot, offering significant flexibility for various uses. Its strategic location, just three-quarters of a mile from the intersection of Interstates 275, 75, and 71, ensures high visibility and accessibility. The property is zoned B3, allowing for diverse commercial applications. The existing structures, totaling 10,272 square feet, comprise nine buildings constructed in 1992. The property's APN is 18-25-16F-332; 16F333, 16F051, 181427B004. Should the buyer opt to purchase the land only, the existing inventory will be removed prior to closing, and the asking price of $3,900,000 will be adjusted accordingly. This prime location in rapidly growing Miami Township offers significant potential for future development and substantial returns. The property's multi-use zoning and existing infrastructure make it an ideal candidate for a wide range of commercial ventures. This is a rare opportunity to acquire a large, well-located commercial property with a proven track record of success.

Highlights

  • 14.2-acre commercial lot, ¾ mile from I-275, I-75, and I-71.
  • Profitable, established salvage yard (50+ years), including a 17,500 SF metal building, warehouses, office space, and two houses.
  • Partially paved with concrete.
  • Inventory removal and price reduction option for land-only purchase.
  • Commercially zoned (B3) with flexible land use.
  • Located in rapidly growing Miami Township, Clermont County, Ohio.

Property Details for 995 Elm St

Property type
Warehouses, Retail properties
Square Feet
10,272 SF
Year Built
1992
Buildings
9
Lot Size (sq. ft)
618,552 SF

Location Insight

City
Milford
County
Clermont
State
Ohio
Latitude
39.1917574
Longitude
-84.2461562
995 Elm St, Milford, Ohio

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995 Elm St
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