647 Putnam Ave
9,005 SF 100% Leased Retail Building Zanesville, OH 43701 $499,000 ($55/SF)
EXECUTIVE SUMMARY
2.012 acres located back to back with frontage on 2 streets, located in a light commercial and residential area zoned C-2 & RM-2. All parcels are located in an opportunity zone and a designated community reinvestment area which enables owners and developers the opportunity to take advantage of tax reductions and credits. Special low interest rate development loans, plus federal, state & local grants. All utilities are available to all parcels. Putnam Avenue is State Route 22 South, being the main artery out of Zanesville going South with traffic count per day at 13,673. This is a perfect area for all developers of Commercial Enterprises and High Density Housing. The opportunities are endless.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,005 SF
Building Class
C
Year Built
1950
Price
$499,000
Price Per SF
$55
Percent Leased
100%
Building Height
1 Story
Building FAR
0.12
Lot Size
1.73 AC
Opportunity Zone
Yes
Zoning
C2 & RM-2
NEARBY MAJOR RETAILERS
PROPERTY TAXES
Parcel Number | 81-17-03-23-000 | Improvements Assessment | $22,470 |
Land Assessment | $6,335 | Total Assessment | $28,805 |