Back to Search

Lancaster Mixed-Use Investment Opportunity

530-532 N Columbus Street, Lancaster, OH 43130

View on Map

For Sale

Contact for pricing

Turnkey mixed-use building with bar and renovated apartments.

Type:Mixed Use, Retail

Property size:

4,960 SF

Price / SF:

$115/SF

We can help!

Contact for Pricing

Please call us for current price
and status of this listing

Dylan Knecht

Real Estate License ID: 2016003306

HighLights

Turnkey mixed‑use building with established bar and renovated apartments.
Strong cash flow potential from both commercial and residential units.
Two renovated apartments with high‑end industrial finishes.
Long‑operating neighborhood bar with a strong local presence.
Private parking lot, a rare amenity for downtown properties.
Versatile opportunity for investors or owner‑operators.

Learn more

For Sale

Contact for pricing

Turnkey mixed-use building with bar and renovated apartments.

Type:Mixed Use, Retail

Property size:

4,960 SF

Price / SF:

$115/SF

Added:: Feb 11, 2026
Days on Market:: 146
Last Refresh:: Jun 24 at 3:52 pm

Property Features for 530-532 N Columbus Street

General Information

Standard status: Active
Size: 4,960 SF
Property subtype: Mixed Use, Retail

Building Details

Year Built: 1900

We can help!

Contact an agent

Dylan Knecht

Listing office RE/MAX Apex

Listing date Feb 11, 2026

Source Crexi

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 Apex

HighLights

Turnkey mixed‑use building with established bar and renovated apartments.
Strong cash flow potential from both commercial and residential units.
Two renovated apartments with high‑end industrial finishes.
Long‑operating neighborhood bar with a strong local presence.
Private parking lot, a rare amenity for downtown properties.
Versatile opportunity for investors or owner‑operators.

Overview

This mixed-use building in Lancaster offers a main level neighborhood bar and two renovated apartments. The bar has a long operating history and established layout. Upstairs are a spacious two-bedroom unit and a stylish one-bedroom unit, both featuring updated interiors with exposed elements and contemporary touches. A private parking lot is located at the rear of the building. The property offers versatility, charm, and upside potential for investors seeking diversified income streams or owner-operators looking to control their business and real estate.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$89.3k	$18.00
− Vacancy	−$10.7k	−$2.16
EGI	$78.6k	$15.84
− OpEx	−$29.5k	−$5.94
NOI	$49.1k	$9.90

4,960 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$701.5K

$613.8K – $818.4K (±1% cap)

NOI $49,104 @ 7.0% cap · market cap 8.54%

Second Best

Multifamily LT 5

$691.0K

$604.7K – $806.2K (±1% cap)

NOI $48,372 @ 7.0% cap · market cap 8.41%

Theoretical Best

Warehouse

$999.7K

$874.7K – $1.17M (±1% cap)

NOI $69,979 @ 7.0% cap · market cap 12.17%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Location Insight

Map
Local Demand

City: Lancaster
County: Fairfield
State: Ohio
Longitude: -82.6041515
Latitude: 39.7198052

Nearby Similar for Sale

$290,000

Three-Unit Residential Income Property

Three separate residential units offer flexible living arrangements and rental income potential in Lancaster.

143 Union Street, Lancaster, OH 43130

View Details
$975,000

1,344 SF

Flex Industrial Property with Office

Multi-building industrial site with office space, drive-through doors, and loading docks across four pole buildings.

432 South Ewing Street, Lancaster, OH 43130

View Details
$350,000

1,260 SF

High Profile Corner Retail Property

Eastside Lancaster corner property near medical offices and Fairfield Medical Center.

1301 E Main Street, Lancaster, OH 43130

View Details
$475,000

3,445 SF

Medical Office Building with Apartment

ADA-accessible former medical office remodeled in 2016, plus a separately rented 2-bedroom unit upstairs.

435 E Main Street, Lancaster, OH 43130

View Details
$1,666,667

1,683 SF

Oil Change Service Center NNN

Freestanding Take 5 Oil Change property with a new 20-year NNN lease commencing at close of escrow.

2473 North Memorial Drive, Lancaster, OH 43130

View Details
$189,888

Duplex with Basement and 2-Car Garage

Two-unit duplex with a full basement and divided 2-car garage, featuring recent mechanical and interior updates.

604-606 N Roosevelt Avenue, Lancaster, OH 43130

View Details
$2,650,000

9,954 SF

Lancaster Medical Office Investment Opportunity

Single-tenant medical office building leased through 2032.

1781 Countryside Dr, Lancaster, OH

View Details
$1,100,000

13,482 SF

Lancaster Retail Property For Sale

Retail property available for purchase in Lancaster, Ohio.

1133-1141 N Memorial Dr, Lancaster, OH

View Details
$189,888

2,145 SF

Updated Duplex with 2-Car Garage

Two-unit duplex with a full basement and 2-car garage, featuring 2026 upgrades and a move-in-ready vacant unit.

604-606 North Roosevelt Avenue, Lancaster, OH 43130

View Details
$500,000

3,914 SF

Office Building Near Downtown Lancaster

3,914 SF office building with ample parking and signage.

1941 E Main St, Lancaster, OH

View Details
$3,522,600

23,484 SF

Retail Space in High Profile Corridor

Retail space with strong tenancy in a high-profile location.

1541 River Valley Blvd, Lancaster, OH 43130

View Details
$400,000

3,914 SF

Healthcare Property with Ample Parking

Healthcare property near downtown Lancaster with monument signage and parking.

1973 East Main Street, Lancaster, OH, 43130

View Details

For sale
Mixed-use properties
OH
Lancaster
43130
530-532 N Columbus Street

What type of property is this?

Mixed-use property - Turnkey mixed-use building with bar and renovated apartments.

Where is this mixed-use property located?

The property is located at 530-532 N Columbus Street Lancaster, OH.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Turnkey mixed‑use building with established bar and renovated apartments.; Strong cash flow potential from both commercial and residential units.; Two renovated apartments with high‑end industrial finishes.