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    355 E Main St Lancaster, OH 43130
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    Property profile & analytics

    355 E Main St Lancaster, OH 43130


    • Office buildings
    • 6,538 SF
    • 0.25 lot acres
    Iconic Lancaster Mixed-Use Building For Sale
    $549,222
    6,538 SF

    Iconic Lancaster Mixed-Use Building

    Historic building with office and residential spaces in Lancaster.

    355 E Main Street, Lancaster, OH 43130
    View Listing
    Property ID
    US66-1755487
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rise Realty Co. / Real Estate Agency
    • Rise Land Co. / Real Estate Agency
    • Audrey Barr, Rise Realty Co. / Real Estate Agency
    • Tammy Holdren, Rise Realty and Management Co. / Real Estate Agency
    • Committed Title And Closing Services LLC / Title Company

    Property Details for 355 E Main St

    Year built
    1900
    Construction
    STEEL FRAME
    Lot size
    0.25 lot acres
    Property size
    6,538 SF
    Property type
    Office buildings
    APN
    053-50729.00
    APU
    535072900

    Description

    This exceptional mixed-use property at 355 E Main Street, Lancaster, OH, presents a compelling investment opportunity. The 6,538 square foot building sits on a 0.25-acre lot and boasts a rich history, beautifully preserved and maintained. The three-story structure offers a unique blend of commercial and residential spaces. The first and second floors currently house established professional office spaces, all under long-term, stable leases, providing immediate and consistent income. The third floor comprises two well-maintained residential units, adding to the property's diverse revenue streams. The building's prime location in the heart of Lancaster ensures high visibility and accessibility. Ample parking is available with 20 spaces provided on-site. This property is being offered at $565,222 and represents a rare chance to acquire a historically significant building with a proven track record of success. The combination of established commercial tenants and residential units creates a diversified income stream, minimizing risk and maximizing potential returns. The building's inherent charm and character, coupled with its strategic location and strong tenant base, make it an ideal investment for those seeking a stable, high-yield property in a thriving Ohio community. This is a turnkey operation ready for a new owner to step in and continue the legacy of success.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.5958
    Latitude
    39.7139
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,356
    $22,950
    $58,240
    $81,190
    -
    $65,560
    $166,390
    $231,950
    View Listing
    More about this property
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