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545 E Main St 3,900 SF 100% Leased Office Building Lancaster, OH 43130 $199,000 ($51.03/SF)
Investment Highlights
- Mixed-use commercial property with upstairs apartment and attached storage building totaling 3,900+ SF
- Flexible layout suitable for investors or owner users needing, warehouse, or shop space, ideal for a trades business, contractor, equipment storage
- Upstairs apartment provides potential supplemental income, has previously been rented for $1,300/month
- Located east of downtown Lancaster in a high-visibility, high-traffic location with easy access and plenty of potential
Executive Summary
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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,900 SF
Building Class
C
Year Built
1900
Price
$199,000
Price Per SF
$51.03
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,253 SF
Building FAR
0.63
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
C - COMMERCIAL
Parking
3 Spaces (1.36 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 05-35103-000 | Improvements Assessment | $24,760 |
| Land Assessment | $24,300 | Total Assessment | $49,060 |
Property Taxes
Parcel Number
05-35103-000
Land Assessment
$24,300
Improvements Assessment
$24,760
Total Assessment
$49,060
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Contact the Sale Advisor
545 E Main St