310 Vine StMount Vernon, OH 43050

Property Details for 310 Vine St

Year built

1900

Lot size

0.20 AC

Property size (Sq ft)

11,383 SF

Property type

Retail properties

Property subtype

Retail space

APN

66-04253.000

APU

6604253000

Description

This exceptional commercial property at 310 W Vine Street, Mount Vernon, Ohio, presents a unique investment opportunity. The 10,950 square foot building, constructed in 1900, boasts a rich history as the Old Farmers Exchange Hardware building. The three-story structure features a substantial concrete grain elevator, currently generating approximately $2400 per month in rental income from storage units. The property also includes ample parking and a significant 300-foot frontage along active railroad tracks, adding to its versatility and appeal. The expansive 40,946.4 square foot lot (0.9404 acres) offers considerable development potential. The building's prominent location makes it a highly visible landmark in Mount Vernon, ideal for marketing purposes. The property's unique features, including the grain elevator and railroad spur, lend themselves to creative redevelopment. Envisioned uses include a brew house or themed restaurant, with the potential for luxury apartments on the third floor. Similar grain silos and elevators have been successfully repurposed nationwide into unique housing or commercial ventures. This property is priced at $819,777, translating to $74.87 per square foot. This is an exceptional opportunity for an investor with vision who believes in the future of Mount Vernon. The property's size, location, and unique features make it a truly remarkable investment.

Location Insight

City

Mount Vernon

County

Knox

State

Ohio

Latitude

40.3926

Longitude

-82.49

CBSA code

34540

CBSA name

MOUNT VERNON, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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