This exceptional redevelopment opportunity presents 2.36 acres of commercial land in the heart of Mason, Ohio, listed at $3,605,000. The property boasts a total of approximately 37,846 square feet of existing building space, offering significant potential for a variety of uses. The site includes multiple buildings, notably an 11,900 square foot garage constructed in 2016, and the original Mason Lumber building, approximately 10,692 square feet, built in 1907 with subsequent additions. This presents a unique blend of modern and historic structures ripe for repurposing or demolition. The expansive 57,064 square foot lot provides ample space for redevelopment projects. Convenient access is provided via Main Street, 2nd Street, and Western Avenue, ensuring high visibility and accessibility. Currently vacant, this property is ideal for developers seeking a prime location in a thriving Ohio community. The property's rich history and strategic location make it an attractive investment for those seeking a high-impact project with significant upside potential. The asking price reflects the substantial land area, existing structures, and prime location within Mason's commercial district. This is a rare chance to acquire a large, versatile property in a desirable market. The property is zoned for commercial/industrial use.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$171,379
Hospitality
$156,982
Educational
$130,607
Medical
$135,099
Retail
$203,167
Location Insight
City
Mason
County
Warren
State
Ohio
Latitude
39.3603
Longitude
-84.3158
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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