501-515 S High St - Food Processing FOR SALE


Lancaster, OH 43130
$1,500,000 USD
740-480-3918
501-515 S High St, Lancaster, OH for Sale
$1,500,000 USD
Food Processing - FOR SALE
1/13
null | Request Cap Rate

501-515 S High St
Lancaster, OH 43130


HIGHLIGHTS

  • Renovated industrial facility updated in 2022.
  • Multiple dock doors support shipping and receiving operations.
  • CBD zoning allows a variety of commercial and industrial uses.
  • Located near downtown Lancaster with regional transportation access.
  • Flexible industrial layout supports multiple operational configurations.
  • Established industrial property with a history dating to 1948.

OVERVIEW

Discover a prime investment opportunity with this impressive 22,275 SF industrial property in the heart of the Lancaster area. Renovated in 2022 with modern industrial needs in mind, the building offers a strategic location in the central business district, ideal for manufacturing and industrial operations. Boasting a rich history dating back to 1948, the property encompasses versatile spaces and features, providing ample room for growth and flexibility. Zoned for central business use, this property presents an exceptional opportunity for industrial investors seeking a strategic foothold in the thriving Lancaster market. With its extensive space and modern updates, this property offers the perfect foundation for industrial success.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Food Processing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

12

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87

LAND SF

37,897

ZONING

CBD

APN/PARCEL ID

05-35067-700,05-35067-800,05-35067-900,05-35068-000

ASK ABOUT THIS PROPERTY

Anish Shahe-Merge Commercial Real EstateMore Info
740-480-3918

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

Anish Shahe-Merge Commercial Real EstateMore Info
740-480-3918

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