320 Broad St Lancaster, OH 43130-4323
This exceptional mixed-use property, located at 320 Broad Street in Lancaster, Ohio, presents a compelling investment opportunity. The building boasts a substantial 7,017 square feet of space, offering significant potential for a variety of commercial ventures. Its prime location in Lancaster ensures high visibility and accessibility, making it an ideal choice for businesses seeking a strong foothold in a thriving community. The property sits on a 0-acre lot, providing ample space for potential expansion or outdoor amenities, depending on the intended use. Priced at $1,200,000, this property represents a significant value proposition for investors seeking a versatile and well-situated commercial asset. The building's mixed-use zoning allows for a range of possibilities, from retail and office space to restaurant or service-based businesses. The substantial square footage provides ample room for multiple tenants or a single large-scale operation. Given its size and location, this property is well-suited for a variety of business models and offers a strong return on investment potential. Serious inquiries are encouraged to explore the possibilities this unique Lancaster property offers. The property is ready for immediate occupancy and presents a rare opportunity to acquire a significant commercial asset in a desirable location. Further details and potential uses can be discussed upon request.
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.