3.24 Acres of Prime Commercial Investment Real Estate
Location: 44516 Fairgrounds Rd. Caldwell, Ohio 43724 (About 1/2 mile from the Interstate I-77 Exit 25 & Ohio State RT. 78, which is currently the busiest intersection in Noble County).
~Within sight of a truck stop, hotels, car dealership, the Noble County Fairgrounds, apartment complex, and chain restaurants.
~Property has about 490’ of frontage on a paved county road (Noble CR 56) leading to Caldwell which is the Noble County Seat. This is a unique property in that the frontage would allow for more that one business to operate on the same property, and separate entrances off the road are also possible.
~This property is one of few that is within the business district with over 2 acres of buildable land, yet within a half mile of the I-77 exchange.
~Currently 4 of the buildings on the property have original slate roofs in good repair, and 3 of the 4 building have brick exteriors also in very good condition. The barn is two story with tongue and groove interior floors in the 2nd story, and on the exterior, also in sound condition.
~Property has access to all utilities include Gas, Water, and Sewer.
~Property is high and dry, well above flood level, with very good drainage.
~Currently this property includes a large two story brick home, with detached brick garage, a large two story dairy barn, and some other out-buildings.
~Property has multi-use potential, including hotel, motel, apartments, home business, auto dealership, industrial, commercial, offices, retail, and service businesses are among some of these.
~We currently own and operate a home business from this location.
~Price: $999,500 Currently listed with Carol Goff Real Estate. The Goff office phone number in Caldwell is 740-305-8887.
Based on recent comparable property sales within a one mile radius of this property.
Please contact us if you have interest in building a business in the Caldwell area. The gas and oil boom has slowed to some extent in the area, yet there is still a need for additional businesses.
The map link below shows the property from the road, and you can move the viewer to see the rest of the property. Also shown below is the deed drawing showing the lot’s borders.
To the right, this photo shows the newly opened Microtel Hotel and sign. The sign and new hotel is located just this side of Sunoco. Microtel opened in the spring of 2015. (Please click on the photo to enlarge it for better viewing).
Caldwell Ohio is one of the fastest growing areas in the U.S.A. today, and is expected to grow considerably more over the next five to twenty years. This current growth is due in part to the increase in oil and natural gas production in this area, mainly Utica Shale production oil and gas wells and infrastructure. With this growth comes many new job opportunities which leads to hundreds of workers and many families looking for housing including both temporary and permanent housing.
Currently we are willing to consider this southeast Ohio property in exchange/trade for a single family home in the Little Rock/Conway AR area. We will consider your trade plus cash preferred.
Please feel free to contact me regarding the sale of this property. You may contact me confidentially through this contact form link:
Or call us at 740-732-1756