Corner Storefront
For Lease
$8,750/Mo
1706 N Memorial Drive, Lancaster, OH 43130
Commercial Lease, Lancaster, OH
Space SizeContact for details
Lot Size0.36 Acres
Days on Market167
Property Features for 1706 N Memorial Drive
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning description
COMM
Standard status
Active
APN
05-32148-800
Size
7,500 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5996
Building Details
Year built
1957
Floors in Building
1
Listing Agency:
RE/MAX ONE · RE/MAX International
(614) 729-7555
Listed By:
Sherry Orlando · License #2018005368
(740) 974-6916
Added: Mar 24
Changed: Sep 6
Last Checked: Sep 6 at 6:06AM
MLS# 226008772
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7,500-square-foot storefront property in Lancaster, Ohio, was previously used as a furniture gallery and is positioned on a corner parcel. The building was constructed in 1957 and was originally configured as 3 - 2500 sf Suites, with the layout offering a path to reestablish three separate suites.
The property fronts approximately 90' on Memorial Dr. and 172' on Lowell Dr. Lancaster City Utilities are available, and the site carries Commercial zoning. Any prospective tenant must independently confirm approvals and requirements associated with the intended use.
The property fronts approximately 90' on Memorial Dr. and 172' on Lowell Dr. Lancaster City Utilities are available, and the site carries Commercial zoning. Any prospective tenant must independently confirm approvals and requirements associated with the intended use.
Key Highlights
- 7,500 square feet of storefront space
- Originally configured as 3 - 2500 sf Suites
- Approximately 90' of road frontage on Memorial Dr.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43130, OH
62,010
Population
26,434
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
164.5 sq mi
ZIP Area
377
Density / Sq Mi
$68,242
Median Household Income
$43,936
Median Earnings
$1,031
Median Rent
$215,900
Median Home Value
Market
Lease Benchmarks for Lancaster, OH
$16.75 /SF/Yr
Avg Asking Price
$10–$21 /SF/Yr
Price Range
5,374 SF
Avg Space Size
This space is priced 16% below the average of $16.75 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Shoppes @ 824 — 824 n memorial dr, lancaster, oh 43130
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building with flexible suite configuration and city utilities available.
Where is this storefront property located?
The property is located at 1706 N Memorial Drive Lancaster, OH.
What is the lease rate?
The lease rate is $8,750/Mo.
What are key features of this property?
This property features: 7,500 square feet of storefront space; Originally configured as 3 - 2500 sf Suites; Approximately 90' of road frontage on Memorial Dr.
