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Investment Highlights
- USTs removed — flexible re-use: retail, medical, office or service
- Signalized hard corner — N Main St (SR 235) & Lake Ave
- Strong neighbors: PNC Bank, Speedway, U.S. Post Office & Public Library
- ±0.50-acre corner lot — 3 curb cuts & ample on-site parking
Executive Summary
Rare opportunity to acquire a +/-2,494 SF freestanding commercial building on a signalized hard corner in downtown New Carlisle at N Main Street (SR 235) & Lake Avenue. The +/-0.50-acre corner parcel offers excellent visibility, three curb cuts, and ample on-site parking. Built in 1990 of single-story masonry construction, zoned Commercial with flexible permitted uses - well-suited for retail, medical, office, or service users. Underground storage tanks have been removed; a deed restriction prohibits gas station and convenience store use. Established neighbors include PNC Bank, Speedway, the U.S. Post Office, and the New Carlisle Public Library. Municipal water & sewer; Tecumseh Local School District. Regional access: Springfield ~12 miles, I-70 ~15 minutes, Dayton ~20 miles.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,494 SF
Building Class
C
Year Built
1990
Price
$922,740 CAD
Price Per SF
$369.98 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.50 AC
Zoning
Commercial - CBD Central Business District
Parking
4 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
58’ on Lake Ave
Amenities
- Bus Line
- Signalized Intersection
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $102,538 CAD | |
| Land Assessment | $48,777 CAD | Total Assessment | $151,315 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$48,777 CAD
Improvements Assessment
$102,538 CAD
Total Assessment
$151,315 CAD
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324 N Main St
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