1340 US Rt 42London, OH 43140

1340 US Rt 42London, OH 43140

1/27 Fullscreen
$950,000 Active
Commercial - Retail MLS 1850812

Listed By

Agency Name: Plum Tree Realty
Agency Phone: 513-443-5060
Agent Name: Yuri Lazinsky

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

IDX logo

TOUR PROPERTY

Choose a date and time to see 1340 US Rt 42, London, OH 43140.
An agent will get in touch to confirm your request shortly.

Choose your video chat app
Request a Showing
  • Friday May 1
  • Saturday May 2
  • Sunday May 3
  • Monday May 4
  • Tuesday May 5
  • Wednesday May 6
  • Thursday May 7
  • Friday May 8
  • Saturday May 9
  • Sunday May 10
  • Monday May 11
  • Tuesday May 12
  • Wednesday May 13
  • Thursday May 14
  • Friday May 15
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method

Property Description

Situated in the prime locale of London, OH, this 2,848 sq ft standalone building boasts an enviable location near major travel centers such as Pilot, Sheetz, and TA, adjacent to I-70 & US 42. Meticulously renovated in 2018, it is tailored for both retail and auto/truck services with a focus on low maintenance. Additionally, it features 2 40ft storage containers fully equipped with electricity. What's more, the property holds the potential for rezoning to accommodate various uses including C-store, restaurant, medical office, church, and more. The reinforced 9 concrete parking lot, designed for trucks & trailers in 2018, ensures durability and convenience. Recent upgrades include a new TPO roof (2019) with a 15-year warranty and a Carrier rooftop unit (2021) with a 10-year warranty, providing peace of mind. This offering encompasses 2 parcels: 08-00642.000 & 05-00273.000. With endless possibilities for starting or expanding your business ventures, seize this opportunity without delay!

1340 US Rt 42 | MLS# 1850812

This commercial property located at 1340 US Rt 42, London, OH 43140 is currently listed for sale with an asking price of $950,000. Search London real estate on 780homeroad.cutlerhomes.com today.

Property Features

Property Type: Commercial - Retail
Basement: None
Cooling: Central Air
Days on Market: 267
Heating: Gas
Lot Size: 0.06 Acres
Roof Type: Membrane
Stories: 1.0
Year Built: 1974

Feature Descriptions

Exterior: Brick
Flooring: Tile
Foundation: Slab
Gas: Natural
Parcel #: 08-00642.000
Parking: Public, Lot, Onsite, Concrete
Road Frontage: City
Sewer: Public Sewer
Site: Business District, Commercial Area
Total Buildings: 1
Water: Public

Demographics

Madison County Demographic Information for 1340 US Rt 42, London, OH 43140
Fips
Fips Code 39097
Population
2020 to 2025 Change up 7.1%
2010 Count 43,435
2020 Count 43,824
2025 Estimate (V2025) 46,985
2020 Estimate (V2025) 43,843
Age Distribution (Years Old)
0 to 4 5.1%
5 to 17 20.8%
18 to 64 59.2%
65 and Older 14.9%
Gender
Male 55.1%
Female 44.9%
Place of Birth
Foreign 2.2%
US 97.8%
Education
High School Graduate, Age 25+ 89.6%
Bachelor's Degree or Higher, Age 25+ 24.2%
Computer and Internet use
Households with a computer 94.9%
Households with a broadband Internet subscription 90.7%
Language
English is Second Language, Age 5+ 5.7%
English is First Language, Age 5+ 94.3%
Veterans
Veterans 2,699
Income
Per Capita Income $38,124
Median Household Income $87,045
People in Poverty 8.8%
Commute
Average Work Commute Time 25 minutes
Housing
Total Housing Units 16,143
Households 15,686
Average Household Size 2.55
Owner-Occupied 77.5%
Multi-Family 13.2%
Owner-Occupied Median Value $250,100
Median selected monthly owner costs -with a mortgage $1,582
Median selected monthly owner costs -without a mortgage $618
Median gross rent $943
Building Permits
New Private Housing Issued 2024 519
Years at Residence
1 Year or More 86.9%
Less Than 1 Year 13.1%
Business and Employment
Private non-farm Establishments 723
Private non-farm Employment 18,238
Private non-farm Employment Growth up 6.6%
Nonemployer Establishments 3,212
Number of Firms 724
Business Production
Value of Shipments $1,328,540,000
Wholesale Trade $0
Retail Trade $1,745,971,000
Retail Sales Per Capita $0
Accommodation and Food Services $51,887,000
Land
Land Area 465.88 sq. miles
Population Per Square Mile 94

Source: US Census Bureau