Celina, Ohio Commercial Real Estate 1 Listing

Celina, Ohio: A Premier Destination for Commercial Real Estate

Introduction

Celina, Ohio, offers a compelling environment for commercial real estate (CRE) investment, characterized by its strategic location and robust economic landscape. As the county seat of Mercer County, Celina boasts a diverse economy with significant contributions from manufacturing, agriculture, and healthcare sectors. The city's unique positioning within the Midwest provides ample opportunities for CRE professionals, making it an attractive destination for industrial, retail, and office investments.

Economic and Industry Overview

Celina's economy is driven by key industries such as manufacturing, agriculture, and healthcare, creating a steady demand for various types of commercial properties. The city is home to several manufacturing firms specializing in automotive and machinery components, which fuels the need for industrial spaces. Additionally, the agricultural sector supports a network of supply chain businesses, enhancing the demand for logistics and distribution facilities.

The local government actively promotes economic growth through the Mercer County Economic Development Office, which provides resources and support for businesses looking to establish or expand operations in Celina.

Strategic Location and Transportation Infrastructure

Celina is strategically positioned with access to major transportation networks, facilitating efficient logistics and distribution. The city is serviced by U.S. Route 127 and State Routes 29 and 703, providing direct connections to major interstates. Although Celina lacks its own airport, it is approximately 40 miles from the Dayton International Airport, which offers extensive cargo services.

For rail transportation, Norfolk Southern Railway serves the region, enhancing its logistical capabilities. These transportation assets make Celina an ideal location for businesses requiring efficient distribution channels.

For more information on transportation infrastructure, visit the Ohio Department of Transportation.

Commercial Real Estate Inventory & Zoning

Celina's commercial real estate market is diverse, with prominent submarkets including the Central Business District (CBD) and industrial corridors. Key asset classes in the city include:

Industrial: High demand due to manufacturing and logistics.
Retail: Growing sector with opportunities in both standalone and mixed-use developments.
Office: Primarily driven by local businesses and healthcare providers.
Medical: Proximity to healthcare facilities increases demand for medical offices.

The city has implemented incentives and zoning changes to attract developers, focusing on sustainable growth and development. The City of Celina's Zoning Maps provide detailed zoning information for developers.

Major Employers and Institutions

Celina is home to several major employers that drive demand for commercial real estate:

Crown Equipment Corporation: A leading manufacturer of forklifts and material handling equipment.
Mercer Health: A significant healthcare provider in the region.
Celina City Schools: A major employer with a substantial impact on the local economy.

These institutions contribute to the demand for office and industrial spaces. For a comprehensive list of employers, visit the Mercer County Business Directory.

Notable Commercial Developments & Projects

Celina has seen several large-scale development projects aimed at enhancing its commercial real estate landscape:

Harbor Square Development: A mixed-use project featuring retail, office, and residential spaces.
Celina Innovation Park: An initiative to foster innovation and attract tech startups.

These projects, often supported by public-private partnerships, demonstrate Celina's commitment to economic growth. For more details, check the Celina Planning Department.

Building Permits, Planning, and Development Tools

Developers and investors can access various resources through the city's portals:

Market Data & Economic Reports

Celina offers access to public data sets that provide insights into market dynamics. Key resources include the U.S. Census Bureau and the city's Open Data Portal.

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