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Rte 7 & Underridge Rd 4.87 Acres of Commercial Land Offered at $245,000 in Conneaut, OH 44030

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EXECUTIVE SUMMARY

Prime Commercial Land located near I-90 on Route 7 in Conneaut, OH! This is a corner lot with 4.974 acres zoned B-1, Highway Service Business District. I-90 Exit 241 has seen substantial development over the past few years, including a Love's Travel Stop, McDonald's, Subway, Truck World, and Burger King. This site would be a great opportunity for various interstate commercial uses, especially a restaurant or hotel. There's approximately 302 ft of frontage on Route 7, about 665 ft on West Under Ridge Road, and the back of the property has 381 ft on Center Rd. Great accessibility and visibility. A new Wetlands Delineation was just completed along with a Jurisdictional Determination, to get any potential buyer one step closer to determining if this would be a good development opportunity. The center of the property, with road access, approximately 2.36 Acres, is all usable without the need for a wetland permit or mitigation. In addition, the wetlands that were identified have also been reviewed by the Buffalo District of the Army Corps of Engineers. Based on the Preliminary Jurisdictional Determination, provided upon request, conditions exist to obtain a permit to impact a portion of the wetlands (if desired). Ask for the UPDATED WETLANDS DELINIATION REPORT THAT HAS ALREADY BEEN COMPLETED! CAD file also available for site plan overlays. A restrictive covenant prohibits the following potential uses: retail convenience store, truck stop, gas station, fuel processing, wholesale, distribution facility, or any combination of those.

PROPERTY FACTS

Price $245,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • Fast Food
  • Restaurant
Total Lot Size 4.87 AC
Zoning B-1 - Highway Service Business District

1 LOT AVAILABLE

Lot 1

Price $245,000
Price Per AC $50,308.01
Lot Size 4.87 AC

Prime Commercial Land for development located near I-90 on Route 7 in Conneaut, OH. This is a corner lot with 4.974 acres zoned B-1, Highway Service Business District. Located next to Love's Truck Plaza and across the street from Truck World.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
123160002600
Land Assessment
$17,960
Improvements Assessment
$0
Total Assessment
$17,960
  • Listing ID: 33877982

  • Date on Market: 3/10/2022

  • Last Updated:

  • Address: Rte 7 & Underridge Rd, Conneaut, OH 44030

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