Listed by EXP Realty, LLC
$498,500
2.88 acres Prime Development on State Hwy 56
Details
Property Type Land, Mixed Use
Sub Type Residential
Square Footage 2,088
Buildings 1
Stories 1
Acreage 2.880
Zoning R-1, mixed use
Sale Condition For sale by owner
Land | 2.88 acres
Marketing description
Prime Land Opportunity for Investors and Developers! Take advantage of the expansion of Hanover College's new Grad School just across the road. Currently zoned R-1 which allows up to 4 single family homes per acre. The Town of Hanover has recently annexed this property into town limits and has approved a comprehensive plan labeling this property to be mixed use zoning. Just to the west is commercial zoned with businesses such as Dollar General, Urgent Care, Overhead Door, Fast Food and a Gas Station. Property has an updated recorded survey. The current residence is a 3bedroom/2 bathroom home that could continue on as a single family residence or converted to an office/business use under approval from the Town Board.
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Listed by EXP Realty, LLC
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