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    Versatile Office Building in Lancaster Title is generated by Realmo AI

    830 E Main St., Lancaster, OH 43130

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    Adaptable office building in high-traffic location, suitable for various uses.

    Type:Office
    Property size:
    1,904 SF
    Price / SF:
    $210/SF
    Added:
    Mar 19, 2026
    Days on Market:
    59
    Last Refresh:
    Mar 20 at 8:43 pm

    Property Features for 830 E Main St.

    General Information

    Standard status
    Active
    Size
    1,904 SF
    Property subtype
    Office

    Building Details

    Year Built
    1977

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    Listing Contact
    Cory Neville

    Listing agent Cory Neville License #OH 2023000831

    Listing office CENTURY 21 Darfus Realty

    Listing date Mar 19, 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 CENTURY 21 Darfus Realty

    HighLights

    • High‑visibility location on a high‑traffic corridor in Lancaster.
    • Versatile, single‑story brick building suitable for medical, legal, financial, or general office use.
    • Easily reconfigurable layout due to the absence of load‑bearing interior walls.
    • ADA compliant, ensuring accessibility.
    • Dual HVAC systems for separate climate control.
    • Ample parking with approximately 10 spaces and convenient alley access.

    Overview

    Located at 830 E Main Street in Lancaster, this single-story brick office building offers versatility in a high-visibility, high-traffic area. Currently configured as a medical office, the property's layout can accommodate various professional uses, including medical, legal, financial, or general office operations. Constructed without load-bearing interior walls, the 1904-square-foot building allows for reconfiguration. The current layout features a reception area and waiting room, three exam rooms with plumbing, multiple private offices, a records room, two restrooms, and a break room. The building is ADA compliant and includes dual HVAC systems for climate control. Additional features include 200-amp electrical service and a gas hot water heater. A partial basement, accessible via an exterior stairway, provides storage space. The property benefits from strong daily traffic and visibility. A concrete parking lot offers approximately 10 spaces with access from two alleyways and is well-lit. Originally built in 1977 and remodeled in 2013, this property is suitable for owner-occupants or investors seeking office space in Lancaster.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $255.3K
    NOI $22,974 @ 9.00% cap · cautious / downside scenario
    Moderate
    $328.2K
    NOI $22,974 @ 7.00% cap · market / base-case scenario
    Aggressive
    $459.5K
    NOI $22,974 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Office B

    Component $ $/SF
    Gross rent $40.9k $21.48
    − Vacancy −$10.3k −$5.39
    EGI $30.6k $16.09
    − OpEx −$7.7k −$4.02
    NOI $23.0k $12.07
    1,904 SF · lease $21.48/SF/yr · vacancy 25.10% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $328.2K
    $287.2K – $382.9K (±1% cap)
    NOI $22,974 @ 7.0% cap · market cap 5.74%
    Second Best
    Healthcare Medical
    $322.2K
    $281.9K – $375.9K (±1% cap)
    NOI $22,554 @ 7.0% cap · market cap 5.64%
    Theoretical Best
    Warehouse
    $383.8K
    $335.8K – $447.7K (±1% cap)
    NOI $26,863 @ 7.0% cap · market cap 6.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Shelly L ... Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.584573
    Latitude
    39.7133554

    FAQs

    What type of property is this?
    Medical Office Space - Adaptable office building in high-traffic location, suitable for various uses.
    Where is this medical office space located?
    The property is located at 830 E Main St. Lancaster, OH.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: High‑visibility location on a high‑traffic corridor in Lancaster.; Versatile, single‑story brick building suitable for medical, legal, financial, or general office use.; Easily reconfigurable layout due to the absence of load‑bearing interior walls.
    More about this property
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