614-537-3888
1450 E Walnut St, Lancaster, OH for Sale
Manufacturing - FOR SALE
1/16
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1450 E Walnut St
Lancaster, OH 43130


HIGHLIGHTS

  • Flexible floor plan + Offices.
  • Covered Canopy Entrance
  • Interior docks, levelers
  • Rail capabilities. Proposed Track Capacity. 269TF - 4ea. 65ft. Cars GWRR.

OVERVIEW

Call for Details: Pricing, Availability. Industrial Heavy District is intended to accommodate high-intensity industrial uses, including manufacturing, processing, warehousing, distribution, and other operations that may generate significant external impacts such as noise, vibration, truck traffic, or emissions. This district is designed to support large-scale industrial activities that require substantial land area, access to major transportation corridors, and separation from residential or sensitive land uses. Permitted uses typically include heavy manufacturing, fabrication, logistics facilities, outdoor storage, and related industrial operations, subject to compliance with applicable performance standards, environmental regulations, and site development requirements. Industrial warehouse capacity is not a peripheral asset—it is a core growth driver that directly impacts operational scalability, market reach, and long-term enterprise value. In the context of **Lancaster**, the strategic importance becomes even more pronounced. 1. Platform for Scalable Growth Warehouse infrastructure enables expansion without friction. It supports increased throughput, inventory management, and distribution efficiency—allowing the company to grow revenue without being constrained by space or logistics limitations. In a secondary market like Lancaster, this scalability comes at a significantly lower occupancy cost basis versus primary metros. 2. Strategic Location & Logistics Efficiency Lancaster’s connectivity to regional corridors (SR 33, US 22, and proximity to I-70/I-270) positions it as a viable logistics node for Central Ohio. This allows for: * Reduced transportation costs * Faster delivery cycles * Improved supply chain resilience This is particularly valuable as companies shift toward decentralized distribution models. 3. Partnership with the Fairfield County Port Authority Engagement with the Port Authority introduces a layer of economic and financial leverage: * Potential tax incentives or abatements * Access to development financing tools (e.g., bonds, structured leases) * Public-private partnership alignment This reduces capital burden while enhancing project feasibility and returns. 4. Employment & Workforce Impact Industrial facilities are direct job creators across multiple skill levels: * Warehouse operations and logistics staff * Skilled trades (maintenance, equipment, safety) * Administrative and management roles In Lancaster, this translates into meaningful local employment growth, strengthening the labor base and supporting workforce retention. 5. Community & Economic Development Alignment Industrial investment aligns with municipal and regional economic development goals: * Expands the local tax base * Activates underutilized industrial-zoned land (IH District) * Supports ancillary businesses (trucking, services, suppliers) Community support is typically strong when projects demonstrate job creation, infrastructure investment, and compliance with environmental and operational standards. 6. Asset Value & Long-Term Positioning * Provide stable income (NNN lease structures) * Benefit from strong demand fundamentals (e-commerce, reshoring, logistics growth) * Offer long-term appreciation potential In markets like Lancaster, early positioning captures upside as regional growth expands outward from Columbus. Industrial warehouse development in Lancaster is a **strategic growth lever**—not just for operational expansion, but for capital efficiency, workforce development, and alignment with public-sector economic initiatives. It positions the company at the intersection of logistics demand, community impact, and long-term asset value creation.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

27 Ft

DOCKS

12

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

5.78

LAND SF

251,777

ZONING

IH

APN/PARCEL ID

05-35006-900

ASK ABOUT THIS PROPERTY

Mark SullivanKW CommercialMore Info
614-537-3888

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Mark SullivanKW CommercialMore Info
614-537-3888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.