647 Putnam AveZanesville, OH 43701

Property Details for 647 Putnam Ave

Year built

1950

Lot size

0.39 AC

Property size (Sq ft)

10,196 SF

Property type

Other commercial real estate

APN

81-17-03-23-000

APU

81170323000

Description

This exceptional 2.012-acre property in Zanesville, Ohio, presents a unique development opportunity. Located at 647 Putnam Avenue (State Route 22 South), this site boasts high visibility with a daily traffic count of 13,673 vehicles. The property comprises twelve parcels, offering flexibility for various projects. Eleven parcels are vacant land, while one includes a 10,196 square-foot warehouse/garage featuring two large overhead doors, a half-bath, and an office. The property benefits from its location in both an Opportunity Zone and a Designated Community Reinvestment Area, providing access to significant tax incentives, low-interest loans, and federal, state, and local grants. All utilities are readily available. The land is zoned C-2 and RM-2, suitable for a range of light commercial and residential uses. The asking price is $499,000, with a price per square foot of $48.94. The property was built in 1950 and sits on an 89,298 square foot lot. This prime location and the available incentives make this an attractive investment for developers seeking a high-impact project in a thriving area. The property's strategic location on Putnam Avenue, a major artery out of Zanesville, ensures excellent exposure and accessibility.

• Alternative Use

  Use

  Valuation

  Residential

  $2,219,462

  Hospitality

  $2,033,015

  Educational

  $1,691,445

  Medical

  $1,749,616

  Retail

  $2,631,136

Location Insight

City

Zanesville

County

Muskingum

State

Ohio

Latitude

39.9287

Longitude

-82.0074

CBSA code

49780

CBSA name

ZANESVILLE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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