222 S 3rd St - The Factory 27,104 SF Specialty Building Offered at $546,000 in Ironton, OH 45638

At the heart of Ironton’s historic downtown, The Factory at 222 S 3rd Street offers an unparalleled opportunity to acquire a redevelopment asset poised to anchor the city’s revitalization.

Blending two iconic buildings, the Brumberg (1906) and the Berg (1867), this property combines rich history with modern potential. Encompassing both 220 S 3rd Street, a five-story structure, and 215 S 2nd Street, a three-story building, the asset provides two levels of shell space primed for adaptive reuse. With recent capital investments totaling more than $1.1 million, including a new roof, restored period-appropriate windows and storefront doors, and a modern elevator, this property stands ready to be reimagined into a dynamic hub for retail, dining, creative offices, and residential living. Zoned B3, the site supports a wide variety of uses, offering unmatched flexibility.

The Factory’s design potential is enhanced by unique features that set it apart as a cornerstone development. The interconnected buildings allow for contiguous space across the second and third floors, ideal for larger commercial tenants or residential layouts. The 2nd Street building enjoys unobstructed river views, providing an attractive amenity for residents or hospitality concepts. A planned adjacent two-story parking garage will include a public-use level and an upper level dedicated to the asset, in addition to allotted public surface parking next to the site. These investments, combined with eligibility for local government tax incentives, position The Factory as a transformative asset capable of meeting Ironton’s growing demand for modern mixed-use environments.

Situated amid Ironton’s economic resurgence, The Factory benefits from significant regional development and infrastructure upgrades. The city has prioritized revitalization, with grants supporting roads, water, and storm line improvements. Major employers, including Swift Manufacturing, Green EnviroTech Holdings, and PureCycle Technologies, are creating new jobs in and around the community, while a new inpatient rehabilitation hospital adds to the healthcare sector’s growth. Together, these industries are drawing new residents and professionals, creating heightened demand for retail, dining, housing, and services in the city center.

Downtown Ironton is positioned to become a thriving commercial and cultural destination, with The Factory at its core. The property’s historic architecture, extensive improvements, and flexible zoning provide a rare opportunity to shape the future of Lawrence County’s urban hub. As a redevelopment project, it not only preserves the city’s rich heritage but also creates a platform for modern business and residential life to flourish.