Search
Mixed-Use Property with Garage Bay
For Sale
Contact for pricing
Pending

515 N Columbus St, Lancaster, OH 43130

Combines open commercial space with two residential rental units.

Property SizeContact for details
Days on Market143

Property Features for 515 N Columbus St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: CRT, Realtors
Listed By: Audrey Barr · License #2022000998
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:35AM

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 CRT, Realtors

Investment Insights

Based on property information with market context.

This mixed-use property combines an open commercial area with a two-unit residential component. The duplex contains two one-bedroom, one-bath units, while the commercial space includes a front waiting room, office area, storage upstairs, and two handicap-accessible bathrooms. A garage bay provides space for delivery needs, and parking is limited.

The property is located at 515 N Columbus St in Lancaster, Ohio. The current owner pays all utilities for the property, with the possibility of separating those expenses for future ownership. The arrangement supports both business operations and residential occupancy within one property.

Key Highlights

  • Two one‑bedroom, one‑bath duplex units
  • Open commercial area with front waiting room and office space
  • Two handicap‑accessible bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Bakery

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

Location Intelligence

Trade Area within ½ mile

1,440
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines open commercial space with two residential rental units.
Where is this mixed-use property located?
The property is located at 515 N Columbus St Lancaster, OH.
What are key features of this property?
This property features: Two one‑bedroom, one‑bath duplex units; Open commercial area with front waiting room and office space; Two handicap‑accessible bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message