Idea number 1 - Broker Web Hosting Service
Divide up this space into smaller accounts and then sell this to local small businesses owners near you who do not have a website. It is easier to target small business owners because they will see the value of having their own website and domain name rather quickly.
If your articles are unique for each person, you may charge more for every each batch of articles you sell. Consider a range of $50 to $85.00 for a batch of 10 articles. You would not however, sell that same bunch of articles to anyone else. There are many people using this strategy right now, and naturally I think it is a great idea to earn money. You can start your research by looking at places such as rent-a-coder, or just look for free lance writers in your favorite search engine.
Search engines will love your articles as long as they are not copied from elsewhere. Some article directories are more popular than others so your results will be faster. You can begin your search for products at places such as clickbank, paydotcom, or commission junction.