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1851 Lancaster Rd - Mill District: 1851 Lancaster Rd, Granville 1.42 Acres of Commercial Land Offered at $1,731,137 CAD in Granville, OH 43023

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INVESTMENT HIGHLIGHTS

  • 1.423 ACRE PAD-READY SITE BUILD-TO-SUIT OR FOR SALE
  • PICKUP WINDOW OPPURTUNITY
  • 37,000 VEHICLES/DAY ALONG OH-16/37
  • GREAT VISIBILITY AND ACCESSIBILITY FROM OH-37
  • SUBSTANTIAL ON-SITE PARKING
  • SHARED MILL DISTRICT RETAIL SITE AMENITIES

EXECUTIVE SUMMARY

Koon Property Group is pleased to present the offering of a 1.423-acre pad-ready site located adjacent to the soon-coming Mill District Retail Center in Granville, Ohio. The development site/building #2 is being offered for sale, build-to-suit, or as a ground lease opportunity with the ability to construct up to 7,000 square feet. The site benefits from cross-access easements, shared parking, and community amenities with the main five tenant retail building. Join Chipotle Mexican Grill, The W Nail Bar, Hydrate Me Med Spa, Granville DDS, and Granville Vision Center in the Village’s newest development! The property is located at the direct exit of OH-161 (37,000 vehicles per day) and OH-661 which
serves as one of the main north/south thoroughfares in the Village of Granville. Granville is home to Denison University, a top-rated liberal arts college with an enrollment of 2,300 students and an endowment of $1.1 billion. Located within 10 miles of the recently announced $20+ billion “Ohio One” Intel Semiconductor campus in New Albany, Ohio. The development, anticipated to open in 2025, will supply jobs for upwards of 3,000 workers throughout their two manufacturing and engineering fab facilities. New Albany has been named the “Silicon Heartland” with the anticipated substantial growth the Intel facility will create for the surrounding central Ohio markets.

PROPERTY FACTS

Price $1,731,137 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.43 AC

1 LOT AVAILABLE

Lot

Price $1,731,137 CAD
Price Per AC $1,219,110.90 CAD
Lot Size 1.42 AC
  • Listing ID: 34359352

  • Date on Market: 2025-01-03

  • Last Updated:

  • Address: 1851 Lancaster Rd, Granville, OH 43023

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