3600 South Main Street

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Address: 3600 S Main St, Middletown, OH 45044, USA

Chicago & Midwest + Land/Development

Created date: March 24, 2024

Date last updated: August 14, 2024

Approximately 7 acres of prime development land, formerly paper mill
Located in Middletown, Ohio which is a part of the Cincinnati-Dayton metropolitan area with a population of 3 million
Railroad access runs directly through the center of the property
Sits on aquifer which allows to pump 10 million gallons of water a day
Underground water makes it perfect for food and manufacturing uses
Located in opportunity zone: a subject to receive $5M tax credit and other incentives from the local friendly government
Partially zoned M1 (light industrial), partially residential with potential to be 100% re-zoned M1
M1 zoning include intermodal trucking terminal, storage, warehouse, machine shop, light manufacturing
Ideal for any water-intensive industries as it’s situated over one of the largest natural aquifers in the U.S.

Property Description

Golden Group Real Estate is proud to present for sale about 7 acres of development land comprised of 4 lots situated in Middletown, Ohio, which is in the heart of the Midwest and part of the Cincinnati-Dayton metropolitan area. There was a historic building on site, formerly used as papermill, but it was recently demolished; the value is in the land. The site is conveniently located between Middletown and Hamilton and enjoys direct railroad access. The rail access runs directly through the center of the property. The old mill used the railroad when it was in operation. The spur is no longer there but can be rebuilt if needed. What makes this property unique it that it sits on an aquifer and has three wells which allows to pump 10 million gallons of water a day! Valuable underground water at the site makes the site perfect for food and manufacturing uses. At some point, “Nestle” looked at the site as a spring water bottling plant. The site is in opportunity zone and is subject to receive $5M tax credit and other incentives from the local friendly Government. To learn more, visit: https://www.choosemiddletownoh.org. Middletown is located at Interstate 75 between two major metropolitan markets, Cincinnati and Dayton-an area that is merging into one metropolitan region with a population of three million. This creates unprecedented opportunities for businesses looking to grow and expand by tapping into Middletown’s skilled workforce and growing economy, especially for those in the biomedical, steel, industrial and airport industries. Zoning/use of site is determined by Butler County. Due to a decades-old error by the county, half of the site is zoned M1 (light industrial) and the other half is zoned residential. A new owner/user will need to rezone the property before building on the site. The county prefers for the site to be rezoned to M1. Some of the uses allowed under M1 zoning include intermodal trucking terminal, storage, warehouse, machine shop, light manufacturing. Any water-intensive industries will find this site ideal as it’s situated over one of the largest natural aquifers in the U.S. with its proximity to the Great Miami River.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$5,000,000
Lot Size:	7.03 Sq ft
Opportunity Zone:	No
Property Website	Click Here