1600 Sheridan Dr - Medical FOR SALE


Lancaster, OH 43130
$475,000 USD
614-431-1220
1600 Sheridan Dr, Lancaster, OH for Sale
$475,000 USD
Medical - FOR SALE
1/59
null | Request Cap Rate

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1600 Sheridan Dr
Lancaster, OH 43130


OVERVIEW

1600 Sheridan Drive | Lancaster, Ohio Built in 1972, this former bank, most recently used as a medical facility, offers exceptional flexibility for a wide range of future uses. With approximately 2,669 square feet on the main level plus 800 square feet of finished lower-level space, this property provides functional square footage for office, medical, retail, institutional, or service-oriented users. The building retains its original drive-in window, opening the door to banking, pharmacy, food service, or other customer-facing operations. The lower level includes finished space along with additional utility rooms, adding storage and operational flexibility. Major mechanical updates include heating and cooling systems installed circa 2018 and a new sump pump in 2025, helping reduce near-term capital expenses. The site features approximately 20 dedicated parking spaces, a significant advantage for medical or professional use. Ideally located near a retail shopping corridor along Sheridan Drive and within close proximity to Fairfield County offices, this property benefits from steady traffic and a growing Lancaster market. Suitable for: medical, office, retail, school, church, or other adaptive reuse opportunities. Bottom line: If you're looking for a well-located, adaptable commercial building with solid infrastructure and parking, 1600 Sheridan Drive deserves a closer look. Agent to Agent Remarks Please send all offers to Joe Jackson rjoe@kw.com and Rachel Alley rachel@millenniumregroup.com Seller would appreciate a deposit of 1% within 3 days of acceptance. Please include a recent lender letter of pre-qualification or proof of funds with offer.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

CG

APN/PARCEL ID

05-34202-700

ASK ABOUT THIS PROPERTY

Joseph C JacksonKeller Williams Capital PartnersMore Info
614-431-1220

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Joseph C JacksonKeller Williams Capital PartnersMore Info
614-431-1220

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