Current Use by Public Records
- Specialty properties
Property Details for 1006 Broad St
- Property type
- Specialty properties
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Fairfield
- State
- Ohio
- Longitude
- -82.6026
- Latitude
- 39.6996
