This is my foray into the world of suburban house hunting and my endless battle with normalcy and sameness.
Thursday, March 6, 2014
1320 First Ave, Middletown, OH 45044
Amazing bones in this place...
1320 First Ave, Middletown, OH 45044 $95,000 15,488 SF
Price: $95,000 Building Size: 15,488 SF Price/SF: $6.13 Property Type: Special Purpose Property Sub-type: Special Purpose (Other)
Property Use Type: Vacant/Owner-User Lot Size: 0.50 AC APN / Parcel ID: Q6532001000014/15/16 Listing ID 18466866 Last Updated 8 days ago
Middletown, OH- Large commercial building- 15,488 SF with a lot of Character Unique building for investment or for owner occupier with endless possibilities.
Excellent location in Downtown Middletown, OH on about 0.5 Acres Nice neighborhood Requires a full rehab
Initially built in 1911 as The Carnegie Library, the building has a lot of character Potential for National Register of Historic Buildings with potential for grants and tax credits.
The property can be adapted for a variety of uses, including Hotel, Prestige Offices, Apartments, Educational , Medical or impressive Conference Center/ Reception/ Events/ Meeting hall.
The property needs a full rehab to restore it to its former glory. This is formerly the Carnegie Library which is one of the libraries that Andrew Carnegie built in the early 1900s. It is in a historic district and the Buyer can apply for it to be included in the National Register of Historic Buildings which means it would qualify for tax breaks which will provide great help with the rehab cost. Also potential for grants.
There is a huge amount of space and the two front main rooms could be really amazing with lots of architectural details. Once restored the main hall will have an impressive staircase and gallery.
Excellent Location: Located at the edge of Downtown Middletown in a nice neighborhood, tree lined street, some residential, some business and an older church.