Property Description

Fostoria's Comeback Is Now - Secure Your Stake in the Revival for Just $135,000! Fostoria is transforming, and the vision for its revitalization is becoming a reality with ambitious renovations to the landmark corner building that will anchor downtown's resurgence. This isn't just a facelift - it's a catalyst for events, foot traffic, and economic growth. These three strategically improved parcels (1.5 acres total) are perfectly positioned near the US-23 retail corridor and the Buckley Street industrial development site (valued at $20K-$25K per acre), making them crucial for Fostoria's next chapter. **Property Details:** - **P51-03-095272-00-00 | 0.5 Acres** Fully Paved Parking Lot: Ready for immediate use as retail overflow, delivery zones, or pop-up markets. The paving adds $7K-$10K in real value. Similar vacant 0.4-acre properties are listed at $30K-$40K. This one commands a 10% premium due to its instant usability and prime visibility near US-23. - **P51-03-094280-00-00 | 0.25 Acres** Public Restroom with Structure: A rare and practical asset valued at $8K-$12K. It is perfect for event hosts, park visitors, or supporting the future workforce of Buckley Street. Similar properties with small buildings typically run from $25K-$35K. This one is priced smartly to balance utility with maintenance, offering significant value to the renovated corner hub. - **P51-03-091960-00-00 | 0.75 Acres** Outdoor Event Stage at Foundation Park: An amphitheater-style platform with $12K-$18K worth of specialty improvements, designed for festivals, concerts, and community gatherings. Comparable open park-adjacent properties (0.5-1 acre) sell for $40K-$55K. This property commands a 10-15% premium for its unique revenue potential, supported by anticipated Ohio land growth trends in 2025. **Event Campus for $135,000** Combine with the revitalized corner building and the Buckley Street development for unmatched mixed-use synergy. The window of opportunity is open - Fostoria is on the rise. Contact us today to schedule a tour!

Property Features