545 E Main St - Office/Residential FOR SALE


Lancaster, OH 43130
$199,000 USD
614-285-7273
545 E Main St, Lancaster, OH for Sale
$199,000 USD
Office/Residential - FOR SALE
1/37
null | Request Cap Rate

NEW


545 E Main St
Lancaster, OH 43130


HIGHLIGHTS

  • Mixed-use commercial property with upstairs apartment and attached storage building totaling 3,900+ SF
  • Upstairs apartment provides potential supplemental income, has previously been rented for $1,300/month
  • Flexible layout suitable for investors or owner users needing, warehouse, or shop space, ideal for a trades business, contractor, equipment storage
  • Located east of downtown Lancaster in a high-visibility, high-traffic location with easy access and plenty of potential

OVERVIEW

ONLINE ONLY REAL ESTATE AUCTION Bidding will start at $199,000 or Buy it now at $275,000 Bidding Ends: Wednesday September 9th at 1pm PROPERTY ADDRESS: 545 E Main St, Lancaster, OH 43130 Fairfield County Parcel ID: 0535103000 Prime commercial opportunity on Lancaster's busy Main Street corridor! This well-established property has served as the home base for a local HVAC company, used as their office and storage facility, and features an upstairs apartment that has previously been rented for $1,300/month. Whether you're looking for a business headquarters, investment property, or both, this one checks a lot of boxes. The main building offers ground-floor commercial/office space and an income-producing upstairs apartment, plus an enclosed porch, open porch, and wood deck. Attached to the main building is a massive 27' x 78' (2,106 sq ft) four-sided closed metal storage building, providing serious storage, warehouse, or shop space, ideal for a trades business, contractor, or equipment storage. Sitting right on E Main St, you're surrounded by established commercial neighbors. Banks, gas stations, grocery stores, restaurants, and law offices are all within walking distance. This is a high-visibility, high-traffic location with easy access and plenty of potential.

FOR SALE DETAILS

PRICE

$199,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

undefined, Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,156 SF

ZONING

C - COMMERCIAL

APN/PARCEL ID

05-35103-000

ASK ABOUT THIS PROPERTY

Chris CoxOhio Real Estate AuctionsMore Info
614-285-7273

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Chris CoxOhio Real Estate AuctionsMore Info
614-285-7273

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