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206 S Market St
Troy, OH 45373
Land For Sale · 0.28 AC

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INVESTMENT HIGHLIGHTS

  • Heavy traffic on SR 55
  • Corner Lot
  • Tax Abatements

EXECUTIVE SUMMARY

Prime vacant lot measuring .287 acres located on State Route 55 in the City of Troy. This downtown parcel offers excellent visibility and accessibility, making it ideal for development. Utilities are available at the street. Two curb cuts including one on Market Street and another on Canal Street. This makes for great traffic flow into the property with a potential drive through window. It would be the perfect place for a coffee shop, restaurant, bank or credit union.
The property is located within Troy’s zoning overlay district, providing additional development opportunities subject to city approval. Troy also offers special tax abatement programs for qualifying projects, creating potential long-term savings for owners and investors.
Conveniently situated near downtown Troy, shopping, dining, and major routes. A rare opportunity to secure a buildable lot with strong upside in an established and growing area. Buyer to verify zoning and abatement eligibility.
Consists of two parcels D08-011580 and D08-011590
Agent has partial ownership

PROPERTY FACTS

Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Bank
  • Fast Food
Total Lot Size 0.28 AC
No. Stories 1
Zoning Central Business District - Designed to promote dense, mixed-use developments such as commercial, office, or residential.

1 LOT AVAILABLE

Lot

Price $956,056 CAD
Price Per AC $3,414,485.38 CAD
Lot Size 0.28 AC

93 Feet of road frontage on SR 55 (Market St) and 133 Feet of frontage on Canal St.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • D08011590
  • D08011580
Land Assessment
$37,995 CAD
Improvements Assessment
$12,669 CAD
Total Assessment
$50,664 CAD
  • Listing ID: 38796110

  • Date on Market: 2025-12-16

  • Last Updated:

  • Address: 206 S Market St, Troy, OH 45373

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