201 Broad St Lancaster, OH 43130-4306
This exceptional 3,708-square-foot office suite is located on the fourth floor of a historic five-story building at 201 S Broad St, suite 400, in the heart of Lancaster's vibrant downtown. Built in 1913, this Class C building offers a unique blend of character and modern convenience. The suite itself boasts ten private offices, a spacious lobby with reception area, a well-equipped break/conference room complete with a sink, a dedicated server room, and multiple private bathrooms. A comfortable waiting area is also included. The building features an elevator for easy access to all floors. Utilities are included in the lease. The property sits on a 0.15-acre lot and is part of a single-tenant occupancy building with a total of 26,000 square feet. Its prime location places it within walking distance of a diverse array of locally owned restaurants, shops, and ongoing development projects. The convenience of being just one block from the courthouse adds to its appeal. This is a rare opportunity to secure a substantial, well-appointed office space in a highly desirable and historic downtown location. The suite is immediately available.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.