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Property profile & analytics
OFF-MARKET
Specialty properties

1006 Broad St Lancaster, OH 43130

5,736 SF
Property ID
Property summary
AI-generated overview

This exceptional Lancaster, Ohio property at 1006 S Broad Street presents a unique investment opportunity. The 5,736 square foot building sits on a 5,227.2 square foot lot and offers a compelling blend of commercial and residential space, priced at $325,000 ($56.66/sq ft). The main level features a sizable commercial space, including a front room, large showroom or studio, and a separate office with a fireplace. A first-floor apartment with a kitchenette, living room, bedroom, and bathroom offers additional income potential or flexible living arrangements. Upstairs, a spacious living area boasts a vaulted great room, two bedrooms, a sunroom, and a kitchen with attractive wood cabinets. Private access to the outdoors is available from this upper-level residential space. A significant asset is the attached 2,810 square foot warehouse, featuring shelves and cabinets, accessible via a private paver patio and fenced side yard. The property benefits from updated electrical systems. The diverse layout and substantial square footage make this property ideal for a variety of uses, promising significant return on investment. This is a must-see property for discerning investors seeking a versatile and profitable venture in a desirable location.

Property profile
Verified
Property type Specialty properties
Total area 5,736 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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