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240 E Highland Rd - Quick Service Restaurant/Freestanding 0.9 Acres of Commercial Land Offered at $686,434 CAD in Macedonia, OH 44056

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INVESTMENT HIGHLIGHTS

  • High daily traffic counts of 24,353 VPD along Route 8 and 10,547 VPD on E Highland Road.
  • + 174’ frontage on Route 8
  • High Visibility with optimal access off of E Highland Road and Route 8.
  • One of the last remaining retail parcels near the signalized intersection of E Highland Road and Route 8 in Macedonia

EXECUTIVE SUMMARY

Asking Price: $499,000
Total Available: .90 Acres
Frontage: 136' on Highland Road and 165' SR-8
Depth: 340'
Traffic Counts: ±35,000 on SR-8
Zoning: B-4 Highway Business
Light Access at E Highland and SR-8
Highway Access: .2 miles to I-271 N on-ramp, .6 miles to I-271 S on-ramp & 1.2 miles to SR-8 and SR-82 intersection

PROPERTY FACTS

Price $686,434 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.90 AC
No. Stories 1
Zoning Local Business - B-4 Highway Business District allows for public garages, auto repair, gas station, car wash, motel/hotel and restaurants.

1 LOT AVAILABLE

Lot

Price $686,434 CAD
Price Per AC $762,704.87 CAD
Lot Size 0.90 AC

0.90 acre development site

DESCRIPTION

240 E Highland Rd is a .90-acre site between I-271 and SR-8. The site is highly visible with over 35,000 daily traffic counts on SR-8. Former motel has been raised from this site making it ready to build. Located in Macedonia B-4 Highway Business District allows for public garages, auto repair, gas station, car wash, motel/hotel and restaurants. Being on the Southwest side of SR-8 makes this the right side of the street, ideal for a Coffee QSR before the I-271 on-ramp.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-03740
Land Assessment
$64,998 CAD
Improvements Assessment
$3,414 CAD
Total Assessment
$68,412 CAD
  • Listing ID: 23224174

  • Date on Market: 2021-05-27

  • Last Updated:

  • Address: 240 E Highland Rd, Macedonia, OH 44056

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