12219 Lancaster St Millersport, OH 43046
This exceptional mixed-use building, constructed in 2022, presents a unique investment opportunity in the vibrant Buckeye Lake area. Located at 12219 Lancaster Street, Millersport, OH, this 1,824 square foot property sits on a 0.17-acre lot and is ideally situated to capitalize on the area's thriving tourism and residential communities. The building boasts high ceilings and an overhead door, offering significant flexibility for a variety of commercial ventures. Its commercial zoning allows for diverse business uses, making it an attractive prospect for entrepreneurs. The proximity to Buckeye Lake suggests several potential uses, including a gourmet deli or specialty grocery store catering to local residents and tourists. The high volume of water sports enthusiasts in the area also presents opportunities for businesses renting or selling equipment such as paddle boards, kayaks, or boating supplies. Alternatively, the space could be adapted as an event or specialty gathering space, or a boutique offering home goods or lifestyle products. The building's modern construction and prime location combine to create a compelling investment opportunity with strong potential for return. The asking price is $430,000.
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Millersport Flowers (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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