741 Lila AveMilford, OH 45150
- Other commercial real estate
- 5,278 SF
Property Details for 741 Lila Ave
- Year built
- 1950
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.59 AC
- Property size (Sq ft)
- 5,278 SF
- Property type
- Other commercial real estate
- APN
- 21-07-26.-100P
- APU
- 210726100P
Description
This exceptional 6,500 square foot multi-tenant retail property, located at 741 Lila Ave in Milford, Ohio (zip code 45150), presents a unique redevelopment opportunity. Situated on a 0.59-acre lot within Clermont County's designated DORA district, this B3-zoned property boasts excellent visibility and high traffic counts (10,000+ vehicles per day). The property currently features four units and offers flexible usage potential, including retail, flex space, and even multi-family capabilities. The seller is open to creative deal structures to facilitate a smooth transaction, including owner financing, land lease, or lease option to buy, making this an attractive proposition for qualified users. This prime location in Downtown Milford offers significant potential for growth and return on investment. The property's address is 741 Lila Ave, and its latitude and longitude coordinates are 39.1762578, -84.2835045 respectively. This is a truly exceptional opportunity to acquire a strategically located property with significant upside potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $805,982
- Hospitality
- $738,275
- Educational
- $614,236
- Medical
- $635,361
- Retail
- $955,479
Location Insight
- City
- Milford
- County
- Clermont
- State
- Ohio
- Latitude
- 39.1762
- Longitude
- -84.2835
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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