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$699,900 Just Listed
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Property Description
PREMIER 4.5-Acre Light Commercial Development Opportunity! Zoning Approved For 24 Apartments! Offered Directly By The Owner/Developer/Seller, This Asset Reflects Vision and Readiness for Execution. An Exceptional,Rare Offering in a Highly Sought-After,Highly-Visibility Corridor with Strong Traffic Exposure and Established Surrounding Demographics! Positioned Between an Established Senior Living Community and Multifamily Apartment Residences, This 4.5-Acre Parcel Presents a Strategic Development Opportunity with Immediate Upside and long-Term Value! Fully Zoned Light Commercial,The Site has Been Thoughtfully Prepared with Cleared Land and Utilities Already on Site,Allowing for Expedited Development.This is a True Turn-Key Land Investment in a Rapidly Positioned Growth Area. Completing the Development Site is a Substantial Two-Story Brick Residence Featuring: 5 Bedrooms, 4Full Bathrooms and a Flexible Layout with Potential to Accommodate up to Three Separate Living Arrangements.
Full Property Details
Full Property Details for 232 Hales Way
General
- Price: $699,900
- Taxes: $3,819
- Status: Active
- Type: Commercial Service
- Source: Cincinnati
- MLS ID: 1875344
- Updated: 4/15/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Tile, Carpet
Rooms
Bathrooms
- Restrooms: 4
Exterior
- Exterior Features: Partially Fenced
Parking
- Parking: Private, Garage, On-Site Parking, On-Street Parking, Concrete, Asphalt, Gravel, Fenced
Location
- Area: Sterling Twp.
- County: Brown
- Township: Sterling Township
- Subdivision: OF RECORD
- Cross Streets: ST RT 32
- Driving Directions: East on St. Rt. 32 (R)Eastwood Rd.(L)Hales Way RD Continue to end of Hales Way Rd.
- Traffic Count: High
- Location Details: Multi-Tenant, Residential Area, Commercial Area, Other
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
- Heating Fuel: Natural
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Two Story
- Construction: Brick
- Basement Desc.: None
- Foundation: Poured
- Roof: Shingle
- Stories/Levels: Two
- Current Bldg. Use: Automotive, Business, Campground, Commercial, Day Care, Manufacturing, Medical/Dental, Multi-Tenant, Office, Parking, Professional, Retirement Home, Showroom, Special Purpose, Storage, Warehouse
- Year Built: 2001
Lot Features
- Lot Size (Acres): 4.5
- Lot Size (Sq. Ft.): 196,020
- Lot Dimensions: 4.5 Acres
- Lot Access: Asphalt
- Zoning: Commercial
Financial Considerations
- Tax Amount: $3,819
- Owner Pays: Taxes, All Utilities, Electricity, Gas, Water, Sewer, Insurance, Internal Maintenance, External Maintenance, Common Area Maint, Trash Removal
Disclosures and Reports
- Plans Available: Yes
Listed by RE/MAX Preferred Group (513) 874-8373, Toni Louis (513) 874-8373
Get Pre-Approved Today
Price & Sales History for 232 Hales Way
Date
Details
Price
Change
Source
4/15/2026
Listed
$699,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 232 Hales Way
232 Hales Way, Mount Orab, OH 45176 (MLS# 1875344) is a Commercial Service property. 232 Hales Way is currently listed for $699,900 and was received on April 15, 2026. Want to learn more about 232 Hales Way? Do you have questions about finding other Commercial Service real estate for sale in Mount Orab? You can browse all Mount Orab real estate or contact a Coldwell Banker agent to request more information.

