Property Description

RARE AND DISTINCTIVE 2.9-ACRE REDEVELOPMENT OPPORTUNITY IN THE POLARIS/ORANGE TOWNSHIP CORRIDOR. Comprised of two contiguous parcels along Olde Worthington Road, this represents one of the few remaining redevelopment opportunities of its kind in this highly established and rapidly growing area. Ideally positioned for potential commercial, medical, office or mixed-use redevelopment. ORANGE TOWNSHIP has indicated a desire to see the site redeveloped and has expressed receptiveness to appropriate redevelopment 9 Providing strong potential for mixed-use, office, retail, hospitality, commercial, or condominium development) proposals, subject to zoning and required approvals. A previous medical development progressed substantially through the approval process before the transaction ultimately did not proceed due to timeline. Both existing dwellings are rented month-to-month, generating a combined $4,000 per month and providing valuable holding income while a buyer pursues development plans. Excellent proximity to Polaris, I-71, major employers, medical, retail and surrounding residential growth. A unique opportunity to control nearly three contiguous acres in a corridor where sites of this size and redevelopment potential are becoming increasingly difficult to find. Buyer to independently verify zoning, permitted uses, utilities and all development requirements with Orange Township.

Property Features

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