751 Fairgrounds Road, Mount Vernon, OH 43050 (MLS# 222004489)

751 Fairgrounds Road, Mount Vernon, OH 43050

$3,100,000

Property Type: Commercial Lease Square Footage: 104,000 Lot Size (sq. ft.): 204,732 Status: Closed

Current Price: $3,100,000 List Date: 2/17/2022 Last Modified: 2/21/2025

Description

Former education campus re-purposed into wellness, medical and sports complex. Ideal for Residential Health Facility. Existing sports complex known as The Pavilion occupies a 32,000 sq. ft. gymnasium, existing tenant in 9000 sq. ft. warehouse facility, and existing home health tenant occupies 3200 sq. ft. free standing building. Remaining buildings include a 24000 sq. ft. mixed use building (consisting of approx, 4000 sq. ft. commercial kitchen, 8000 sq. ft. assembly hall and 12,000 sq. ft. walk out level build to suit shell) and a 36,000 sq. ft. residential facility (former girls dormitory) ideal for multiple uses. A total of approximately 104,000 sq. ft. situated on over 13 acres. Taxes are estimated via Knox County Auditor. All information must be confirmed and is for marketing purposes

Supplements: ********

More Information MLS# 222004489

Location & Property Info

List Price/SqFt: 30.77 City (Mailing Addr): Mount Vernon Corp LimitPerAuditor: None

Office/Contract Info

For Sale: Yes Exchange: No For Lease: Yes Lease Rate $/Sq Ft: 12

General Property Info

Total SqFt Available: 104000 Bldg Sq Ft: 104000 Max Cont Sqft Avail: 36000 Minimum Sqft Avail: 3800 # of Docks: 1 Number of Units: 5 # of Floors Above Gr: 1 Acreage: 4.7

Tax Info

Zoning: GB Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 54-50018.000 and 54-50018.003 Tax Abatement: No Taxes (Yrly): 19935 Parcel #: 54-50018.000 Tax Year: 2021

Remarks & Misc

Property Description: Former education campus re-purposed into wellness, medical and sports complex. Ideal for Residential Health Facility. Existing sports complex known as The Pavilion occupies a 32,000 sq. ft. gymnasium, existing tenant in 9000 sq. ft. warehouse facility, and existing home health tenant occupies 3200 sq. ft. free standing building. Remaining buildings include a 24000 sq. ft. mixed use building (consisting of approx, 4000 sq. ft. commercial kitchen, 8000 sq. ft. assembly hall and 12,000 sq. ft. walk out level build to suit shell) and a 36,000 sq. ft. residential facility (former girls dormitory) ideal for multiple uses. A total of approximately 104,000 sq. ft. situated on over 13 acres. Taxes are estimated via Knox County Auditor. All information must be confirmed and is for marketing purposes

Status Change Info

Sold Price/SqFt: 29.81 Under Contract Date: 2022-06-02 Sold Date: 2022-06-24 Sold Price: $3,100,000

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

Lease Info

Term Desired: 3-5 years Will LL Remodel: Yes

Suite Info 1

Suite #: Kitchen

Suite Info 2

Suite #: Assembly

Suite Info 3

Suite #: Offfice

Construction

Block: 1

Heat Fuel

Electric: 1 Gas: 1

Sewer

Public Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Heat Type

Forced Air: 1 Radiant: 1

Auction Info

Auction/Online Bidding Y/N: No

Sprinkler

None: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 3200000 Sold Price: $3,100,000 Property Sub Type: Mixed Use Street #: 751 Street Name: Fairgrounds Street Suffix: Road County: Knox State: OH Zip Code: 43050 Township: Morris

OfficeContract Info

Status: Closed MLS Entry Date: 2022-02-17

Property Features

Addl Acceptance Cond: None Known Heat Fuel: Electric; Gas Heat Type: Forced Air; Radiant Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Construction: Block Sprinkler: None MLS Primary PhotoSrc: Realtor Provided

Listing Office: KW Classic Properties Realty

Listing Agent: Douglas J Ryan

Last Updated: February - 21 - 2025

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