Expand the possibilities--and come see firsthand what this combined redevelopment opportunity could become. 2750 Old US 40, London, OH 43140 is offered at $70,000 and may be purchased separately or together with the adjoining commercial property at 50 N SR 56, offered at $199,000, for a combined asking price of $269,000. Be sure to view the Conceptual Exterior Rendering and Conceptual Interior Renderings included in the photo gallery. These images illustrate just a few examples of how the two properties could be transformed and are intended to help buyers visualize the broader potential of the site. The cleared parcel may stand on its own, but its greatest value may be realized when combined with 50 N SR 56. Together, the properties create a more flexible redevelopment opportunity with potential space for expanded parking, outdoor seating, green space, improved access, storage, future building expansion, or other site improvements. The adjoining property includes an approximately 3,616-square-foot usable building shell with 18-foot ceilings, existing water, sewer, and electric utilities, and approximately 132 feet of frontage along SR 56/Urbana-London Road near Interstate 70. For buyers seeking a completed project rather than managing construction themselves, the owners are also willing to consider a build-to-suit arrangement. Subject to mutually agreed plans, specifications, pricing, approvals, and contract terms, the property may be improved and delivered as a finished space tailored to the buyer's intended use. The conceptual renderings are for illustrative purposes only. Buyer to independently verify zoning, permitted uses, utilities, lot dimensions, acreage, access, approvals, and all development feasibility.
Details
MLS #
226020494
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
77
Listing Provided By
e-Merge Real Estate | Stephen Stuthers
Features
Zoning
R1
Acreage
0.04
Taxes
Property
1072
Area Information
State
OH
County
Madison
City
London
Zip Code
43140
School District
LONDON CSD 4903 MAD CO.
High School
LONDON CSD 4903 MAD CO.
Listing VS Median (in 43140)
Price: $70,000
low | high
Med: $379,486
100% of Average
On site: 77
low | high
Med: 94.5
81.481481481481% of Average
Sourced by Back At You
Market Activity 43140
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 4
Avg $ Per SqFt: $229.83
Min Sale Price: $110,000
Max Sale Price: $400,000
Med Sale Price: $386,000
Date: Jun 2026
Sales: 16
Avg $ Per SqFt: $198.48
Min Sale Price: $29,900
Max Sale Price: $985,000
Med Sale Price: $257,450
Date: May 2026
Sales: 22
Avg $ Per SqFt: $196.47
Min Sale Price: $35,000
Max Sale Price: $980,000
Med Sale Price: $387,950
Date: Apr 2026
Sales: 15
Avg $ Per SqFt: $211.14
Min Sale Price: $120,000
Max Sale Price: $799,900
Med Sale Price: $330,000
Date: Mar 2026
Sales: 22
Avg $ Per SqFt: $192.62
Min Sale Price: $69,000
Max Sale Price: $950,000
Med Sale Price: $286,250
Date: Feb 2026
Sales: 16
Avg $ Per SqFt: $195.09
Min Sale Price: $92,700
Max Sale Price: $3,000,000
Med Sale Price: $272,500
Date: Jan 2026
Sales: 21
Avg $ Per SqFt: $170.11
Min Sale Price: $1,495
Max Sale Price: $1,130,000
Med Sale Price: $310,000
Date: Dec 2025
Sales: 11
Avg $ Per SqFt: $190.62
Min Sale Price: $180,000
Max Sale Price: $1,450,000
Med Sale Price: $255,000
Date: Nov 2025
Sales: 17
Avg $ Per SqFt: $184.62
Min Sale Price: $85,000
Max Sale Price: $715,000
Med Sale Price: $373,177
Date: Oct 2025
Sales: 21
Avg $ Per SqFt: $210.77
Min Sale Price: $29,999
Max Sale Price: $962,500
Med Sale Price: $295,900
Date: Sep 2025
Sales: 5
Avg $ Per SqFt: $162.98
Min Sale Price: $235,000
Max Sale Price: $415,785
Med Sale Price: $321,000
Date: Aug 2025
Sales: 9
Avg $ Per SqFt: $151.18
Min Sale Price: $160,000
Max Sale Price: $525,000
Med Sale Price: $319,990
Sourced by Back At You
Jul 2026
Sales:
4
Avg $ Per SqFt:
$229.83
Min Sale Price:
$110,000
Max Sale Price:
$400,000
Med Sale Price:
$386,000
Jun 2026
Sales:
16
Avg $ Per SqFt:
$198.48
Min Sale Price:
$29,900
Max Sale Price:
$985,000
Med Sale Price:
$257,450
May 2026
Sales:
22
Avg $ Per SqFt:
$196.47
Min Sale Price:
$35,000
Max Sale Price:
$980,000
Med Sale Price:
$387,950
Apr 2026
Sales:
15
Avg $ Per SqFt:
$211.14
Min Sale Price:
$120,000
Max Sale Price:
$799,900
Med Sale Price:
$330,000
Mar 2026
Sales:
22
Avg $ Per SqFt:
$192.62
Min Sale Price:
$69,000
Max Sale Price:
$950,000
Med Sale Price:
$286,250
Feb 2026
Sales:
16
Avg $ Per SqFt:
$195.09
Min Sale Price:
$92,700
Max Sale Price:
$3,000,000
Med Sale Price:
$272,500
Jan 2026
Sales:
21
Avg $ Per SqFt:
$170.11
Min Sale Price:
$1,495
Max Sale Price:
$1,130,000
Med Sale Price:
$310,000
Dec 2025
Sales:
11
Avg $ Per SqFt:
$190.62
Min Sale Price:
$180,000
Max Sale Price:
$1,450,000
Med Sale Price:
$255,000
Nov 2025
Sales:
17
Avg $ Per SqFt:
$184.62
Min Sale Price:
$85,000
Max Sale Price:
$715,000
Med Sale Price:
$373,177
Oct 2025
Sales:
21
Avg $ Per SqFt:
$210.77
Min Sale Price:
$29,999
Max Sale Price:
$962,500
Med Sale Price:
$295,900
Sep 2025
Sales:
5
Avg $ Per SqFt:
$162.98
Min Sale Price:
$235,000
Max Sale Price:
$415,785
Med Sale Price:
$321,000
Aug 2025
Sales:
9
Avg $ Per SqFt:
$151.18
Min Sale Price:
$160,000
Max Sale Price:
$525,000
Med Sale Price:
$319,990
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