Property Description

Residential or mixed-use redevelopment opportunity at the highly visible corner of State Route 56/Urbana-London Road and Old US 40 near Interstate 70 in Somerford Township/London, Ohio. The property at 50 N SR 56, London, OH 43140 is offered at $199,000 and may be purchased separately or together with the adjoining parcel at 2750 Old US 40, London, OH 43140.The property features approximately 132 feet of frontage along SR 56/Urbana-London Road and includes an approximately 3,616 SF usable building shell with water, sewer, and electric already connected. Positioned at the corner intersection of SR 56 and Old US 40, with close proximity to I-70 and nearby residential development activity, the property offers strong visibility, access, existing infrastructure, and redevelopment potential.Potential uses may include residential redevelopment, duplex, or other residential/mixed-use concepts, subject to buyer verification of zoning, permitted uses, utilities, approvals, and development feasibility. If zoning, variance, conditional use, or other applicable approvals allow commercial use, the property may also have potential for food service, retail, office, contractor/service business, or other commercial applications.Excellent opportunity for an owner-user, investor, or developer seeking a visible corner property with existing infrastructure, optional adjoining land, and flexible future use potential.

Property Features