MLS Listings

Location & Property Info

List Price/SqFt

2000

City (Mailing Addr)

Hilliard

Corp LimitPerAuditor

Hilliard

Office/Contract Info

For Sale

Yes

Exchange

No

For Lease

No

Lease Rate $/Sq Ft

0

Remarks & Misc

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

Income/Expenses

Gross Income

0

Net Operating Income

0

Total Expenses

0

Addl Acceptance Cond

None Known

Yes

T Reimburses L

Curr Yr Est $/SF TRL

0

Water Source

Public

Yes

Services Available

Electricity Available

Yes

Natural Gas Available

Yes

Sewer Available

Yes

Water Available

Yes

Heat Type

Forced Air

Yes

New Financing

Conventional

Yes

MLS Primary PhotoSrc

Realtor Provided

Yes

Property Features