23
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$400,000
Est. payment /mo
Active Under Contract
5151 Norwich Street Hilliard, OH 43026
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 226023564
Year Built 1956
Annual Tax Amount $10,903
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
Redevelopment Opportunity - 5151 Norwich St. & 5151 Center St., Hilliard, Ohio
A Rare Redevelopment Opportunity in the Heart of Old Hilliard
5151 Norwich St. and 5151 Center St. represent a true redevelopment opportunity on approximately ¾ of an acre in one of Central Ohio's most sought-after growth corridors. Located directly adjacent to the future trail connection linking into the area's expanding trail network, this property is positioned to benefit from increased pedestrian traffic, visibility, and community activity.
The property's zoning has changed, making the existing use a legal nonconforming use. The current improvements are functionally obsolete, and the property's highest and best use is redevelopment. This presents a rare opportunity for developers and investors to transform the site into a project that aligns with the City's vision for the future of Old Hilliard. The property's location, zoning potential, and proximity to Downtown Hilliard create a unique opportunity for investors and developers looking to capitalize on the city's continued growth and revitalization efforts.
The City of Hilliard has expressed interest in seeing the site redeveloped with uses such as:
Retail
Mixed-Use Development
Multifamily Housing
Restaurants and Entertainment
Office or Professional Services
Other Pedestrian-Oriented Commercial Uses
Just a short distance from the restaurants, shops, and attractions of Old Hilliard, this site offers the ability to create a destination project that complements the area's character while meeting the growing demand for housing, retail, and community-oriented development.
Opportunities like this rarely become available in Old Hilliard. Whether your vision includes a boutique mixed-use project, upscale townhomes, retail storefronts, or a vibrant live-work-play environment, 5151 Norwich and 5151 Center St. provide the foundation to bring that vision to life. Current zoning uses located under Documents
A Rare Redevelopment Opportunity in the Heart of Old Hilliard
5151 Norwich St. and 5151 Center St. represent a true redevelopment opportunity on approximately ¾ of an acre in one of Central Ohio's most sought-after growth corridors. Located directly adjacent to the future trail connection linking into the area's expanding trail network, this property is positioned to benefit from increased pedestrian traffic, visibility, and community activity.
The property's zoning has changed, making the existing use a legal nonconforming use. The current improvements are functionally obsolete, and the property's highest and best use is redevelopment. This presents a rare opportunity for developers and investors to transform the site into a project that aligns with the City's vision for the future of Old Hilliard. The property's location, zoning potential, and proximity to Downtown Hilliard create a unique opportunity for investors and developers looking to capitalize on the city's continued growth and revitalization efforts.
The City of Hilliard has expressed interest in seeing the site redeveloped with uses such as:
Retail
Mixed-Use Development
Multifamily Housing
Restaurants and Entertainment
Office or Professional Services
Other Pedestrian-Oriented Commercial Uses
Just a short distance from the restaurants, shops, and attractions of Old Hilliard, this site offers the ability to create a destination project that complements the area's character while meeting the growing demand for housing, retail, and community-oriented development.
Opportunities like this rarely become available in Old Hilliard. Whether your vision includes a boutique mixed-use project, upscale townhomes, retail storefronts, or a vibrant live-work-play environment, 5151 Norwich and 5151 Center St. provide the foundation to bring that vision to life. Current zoning uses located under Documents
Location
State OH
County Franklin
Zoning 1115.02
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Others
Tax ID 050-000263
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Martha D Hunley Keller Williams Greater Cols
NEARBY SCHOOL & BUSINESS
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