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Investment Highlights

  • Ready for Development
  • Tax Abatements
  • Utilities Present

Executive Summary

Prime vacant lot measuring .27 acres located on Canal Street and visible from Market Street (State Route 55). This downtown parcel offers excellent visibility and accessibility, making it ideal for development. Utilities are available at the street. It would be the perfect place for a coffee shop, restaurant, insurance sales office, or in combination with the adjacent parcel (206 Market St).
The property is located within Troy’s zoning overlay district, providing additional development opportunities subject to city approval. Troy also offers special tax abatement programs for qualifying projects, creating potential long-term savings for owners and investors.
Conveniently situated near downtown Troy, shopping, dining, and major routes. A rare opportunity to secure a buildable lot with strong upside in an established and growing area. Buyer to verify zoning and abatement eligibility.
Consists of three parcels D08-011560, D08-011570, D08-011562

Property Facts

Price $160,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Bank
  • Community Center
  • Convenience Store
  • Daycare Center
  • Fast Food
  • Healthcare
  • Medical
  • Parking Lot
  • Restaurant
  • Storefront
  • Storefront, Retail or Residential
Total Lot Size 0.27 AC
Zoning Central Business District - Central Business District - Designed to promote dense, mixed-use developments such as commercial, office, or residential

1 Lot Available

Lot

Price $160,000
Price Per AC $592,592.59
Lot Size 0.27 AC

Grass lot

Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • D08011562
  • D08011560
  • D08011570
Land Assessment
$15,340
Improvements Assessment
$0
Total Assessment
$15,340
  • Listing ID: 40418211

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 14 Canal st, Troy, OH 45373

Contact the Sale Advisor

14 Canal st

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