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Corner Retail Storefront
For Lease
$8,750/Mo

1706 N Memorial Drive, Lancaster, OH 43130

Existing furniture gallery with commercial zoning and utility service in place.

Space SizeContact for details
Property Size7,500 SF
Lot Size0.77 Acres
Days on Market139

Property Features for 1706 N Memorial Drive

General Information

Standard status Active
Size 7,500 SF
Lot size 0.77 Acres
Property subtype Retail
Zoning Commercial

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,996

Building Details

Building Size 7,500 SF
Year Built 1957
Listing Agency: RE/MAX ONE
Listed By: Sherry Orlando · License #2018005368
Source: Camtaylor
Added: Mar 24 Changed: Aug 4 Last Checked: Aug 9 at 11:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ONE

Investment Insights

Based on property information with market context.

This 7,500-square-foot storefront property is currently configured as a furniture gallery and was built in 1957. The offering includes a multi-parcel corner site measuring approximately .7748 acres, with existing retail-oriented improvements and commercial zoning. Lancaster City Utilities are available, and the property is being offered for rent.

The site fronts approximately 90 feet along Memorial Drive and 172 feet along Lowell Drive, providing exposure on two streets in Lancaster, Ohio. Commercial zoning supports a broad range of potential business uses, subject to the required approvals. Prospective tenants are responsible for confirming that their intended use meets applicable requirements.

Key Highlights

  • 7,500‑square‑foot storefront property built in 1957
  • Approximately .7748‑acre multi‑parcel corner site
  • Approximately 90' of frontage on Memorial Drive

Property Analytics

Current Use

Coconis Furniture & Mattress ... Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby
Under-served
Demand for This Use

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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 - Existing furniture gallery with commercial zoning and utility service in place.
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‑foot storefront property built in 1957; Approximately .7748‑acre multi‑parcel corner site; Approximately 90' of frontage on Memorial Drive
More about this property
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