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855 State Route 61, Marengo, OH 43334

$2,600,000
  • 855 State Route 61, Marengo, OH 43334 Main Photo

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Active
BEDS4 BATHS2 full 1 partial SQUARE FEET3,860 MLS#225046010
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLHIGHLAND LOCAL

Property Description

Prime commercial investment opportunity encompassing 20.03 acres (approximately 4.70 acres in I-71 right-of-way) located half mile from the interstate in a high-traffic corridor with average daily traffic counts exceeding 13,000 vehicles along the frontage and 68,000 vehicle exposure to I-71 interstate to the rear. Zoned commercial, this property offers exceptional visibility, accessibility, and long-term development potential. All utilities are available, including CENTRALIZED SEWER, PUBLIC WATER, NATURAL GAS, ELECTRIC, and HIGH-SPEED INTERNET???minimizing upfront infrastructure costs and accelerating development timelines. Existing improvements include a 3,860 sq. ft. residence and a 58' x 44' concrete foundation outbuilding with a 38' x 16' lean-to and a 20' x 37' enclosed lean-to, providing immediate use for the new owner's needs. Currently used for agriculture purposes, the entire property is available for the buyer's use upon closing. An excellent 1031 exchange opportunity for buyers seeking to preserve capital while positioning assets in a prime interstate corridor with strong traffic exposure and future appreciation potential. Buyer's agent or a licensed representative must be with their client during all showings. (Also listed as MLS #225046009 & MLS #225046011)

855 State Route 61 | MLS# 225046010

This single family home located at 855 State Route 61, Marengo, OH 43334 is currently listed for sale with an asking price of $2,600,000. This property was built in 1988 and has 4 bedrooms and 2 full and 1 partial baths with 3860 sq. ft. State Route 61 is located within the HIGHLAND LOCAL school district. Search Marengo real estate on www.ikeyrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Partial
Basement: Yes
Cooling: Central Air
Fireplaces: 1
Garage: 2 car attached
Heating: Forced Air, Heat Pump
Home Style: Cape Cod
Lot Size: 20.03 Acres
Taxes: $8,405
Year Built: 1988

Feature Descriptions

Days on Site: 76
Exterior: Brick, Stone, Vinyl Siding
Fireplace: Wood Burning, One
Lot: Split Option Avail
Parcel #: A01-0010035100
Parking: Attached Garage, Farm Bldg
Windows: Insulated All

Local Schools

School District: HIGHLAND LOCAL

Listed By / Shown By

Listed By

Agency Name: Forman Realtors, Inc
Agency Phone: 740-965-1212
Agent Name: Jodie L Snider

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 16,002.41 per month $14,543.66 Principal & Interest $700.42 Property Tax $758.33 Homeowner's Insurance

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