1340 US Rt 42London, OH 43140

1340 US Rt 42London, OH 43140

1/27 Fullscreen
$950,000 Active
Commercial - Retail MLS 1850812

Listed By

Agency Name: Plum Tree Realty
Agency Phone: 513-443-5060
Agent Name: Yuri Lazinsky

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Situated in the prime locale of London, OH, this 2,848 sq ft standalone building boasts an enviable location near major travel centers such as Pilot, Sheetz, and TA, adjacent to I-70 & US 42. Meticulously renovated in 2018, it is tailored for both retail and auto/truck services with a focus on low maintenance. Additionally, it features 2 40ft storage containers fully equipped with electricity. What's more, the property holds the potential for rezoning to accommodate various uses including C-store, restaurant, medical office, church, and more. The reinforced 9 concrete parking lot, designed for trucks & trailers in 2018, ensures durability and convenience. Recent upgrades include a new TPO roof (2019) with a 15-year warranty and a Carrier rooftop unit (2021) with a 10-year warranty, providing peace of mind. This offering encompasses 2 parcels: 08-00642.000 & 05-00273.000. With endless possibilities for starting or expanding your business ventures, seize this opportunity without delay!

1340 US Rt 42 | MLS# 1850812

This commercial property located at 1340 US Rt 42, London, OH 43140 is currently listed for sale with an asking price of $950,000. Search London real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Retail
Basement: None
Cooling: Central Air
Days on Market: 217
Heating: Gas
Lot Size: 0.06 Acres
Roof Type: Membrane
Stories: 1.0
Year Built: 1974

Feature Descriptions

Exterior: Brick
Flooring: Tile
Foundation: Slab
Gas: Natural
Parcel #: 08-00642.000
Parking: Public, Lot, Onsite, Concrete
Road Frontage: City
Sewer: Public Sewer
Site: Business District, Commercial Area
Total Buildings: 1
Water: Public

Demographics

Madison County Demographic Information for 1340 US Rt 42, London, OH 43140
Fips
Fips Code 39097
Population
2020 to 2023 Change up 1.8%
2010 Count 43,435
2020 Count 43,824
2023 Estimate (V2023) 44,602
2020 Estimate (V2023) 43,843
Age Distribution (Years Old)
0 to 4 5.1%
5 to 17 20.8%
18 to 64 59.2%
65 and Older 14.9%
Gender
Male 55.0%
Female 45.0%
Place of Birth
Foreign 1.9%
US 98.1%
Education
High School Graduate, Age 25+ 88.8%
Bachelor's Degree or Higher, Age 25+ 20.4%
Computer and Internet use
Households with a computer 93.4%
Households with a broadband Internet subscription 89.1%
Language
English is Second Language, Age 5+ 5.1%
English is First Language, Age 5+ 94.9%
Veterans
Veterans 2,598
Income
Per Capita Income $33,512
Median Household Income $77,062
People in Poverty 10.0%
Commute
Average Work Commute Time 25 minutes
Housing
Total Housing Units 16,143
Households 15,264
Average Household Size 2.57
Owner-Occupied 75.9%
Multi-Family 13.2%
Owner-Occupied Median Value $201,200
Median selected monthly owner costs -with a mortgage $1,424
Median selected monthly owner costs -without a mortgage $547
Median gross rent $899
Building Permits
New Private Housing Issued 2023 274
Years at Residence
1 Year or More 85.9%
Less Than 1 Year 14.1%
Business and Employment
Private non-farm Establishments 711
Private non-farm Employment 15,740
Private non-farm Employment Growth up 6.6%
Nonemployer Establishments 3,013
Number of Firms 2,967
Business Production
Value of Shipments $1,328,540,000
Wholesale Trade $0
Retail Trade $1,745,971,000
Retail Sales Per Capita $0
Accommodation and Food Services $51,887,000
Land
Land Area 465.88 sq. miles
Population Per Square Mile 94

Source: US Census Bureau