.54 Acre Commercial Lot, Drexel
5615 W Third St : Dayton, OH 45417
Montgomery County, Ohio
Land Description
Drexel, Ohio
Drexel is a quiet suburb of Dayton, Ohio with a population of just 2,064. The small city prides itself on being one of the most diverse places in Ohio. The property for sale is on the corner of Third St and Davenport Ave across the street from Mr. Suds Car Wash. The sale includes TWO parcels side-by-side. That's Right, Two Lots For The Price OF One. The corner lot makes up 0.54-Acres of flat land. The lots are currently wooded. While Jefferson Township is responsible for the zoning of the city, it is within Montgomery County. The property is zoned Commercial Office & Industrial (Ois), therefore it has some building limitations. Nonetheless, the property has city water and sewer as well as power lines directly to it.
Commercial Office & Industrial
The city has zoned this property ‘Commercial: Office & Industrial'. Commercial OIS zoning brings real turnout potential to the neighborhood and landowner. Loosely, this zoning designates areas to “office and professional uses, light industrial uses, and their support functions judged to minimally impact the surrounding environment”. Commercial landowners have extensive possibilities. Some example purposes for this lot may include professional or administrative office, educational facility, wholesaling, a medical clinic, food stand/food truck, funeral home, outdoor sales or storage of landscape materials, tavern or bar, etc.
