1631 Hubbard Dr Lancaster, OH 43130
For Sale
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This exceptional mixed-use property, located at 1631 Hubbard Drive in Lancaster, Ohio, presents a unique investment opportunity. The building sits on a 0-acre lot and offers significant potential for a variety of uses, making it ideal for both seasoned investors and those new to the commercial real estate market. The property's versatility allows for creative adaptation to suit a range of business needs. While the exact square footage is currently unavailable, the building's layout provides ample space for various configurations. The asking price of $159,900 represents a compelling entry point into the Lancaster commercial real estate market. Given its strategic location within Lancaster, this property benefits from excellent visibility and accessibility, ensuring strong potential for attracting customers and clients. The property's condition and specific internal features will require further due diligence and inspection by prospective buyers. This is a chance to acquire a well-situated mixed-use building with the potential for substantial returns. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. The absence of specified square footage necessitates an on-site assessment to determine the precise dimensions and layout of the interior space. This property is being sold "as is."
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.