Property summary
This exceptional 7,116 square foot commercial property, situated on a 0.54-acre lot at 443 E Main Street in Lancaster, Ohio, presents a rare investment opportunity. The building boasts a prime corner location and comprises three parcels, offering significant flexibility and potential for expansion. The ground floor is currently configured for retail use, while the second level offers substantial residential space, recently remodeled to include a large kitchen, dining area, three bedrooms, three full bathrooms, one half-bath, and multiple sitting and living areas. Access to the second level is convenient, with entrances from both the building's interior and from Maple Street. The property's Neighborhood Commercial (CN) zoning allows for a diverse range of commercial and residential uses, making it ideal for a variety of ventures. Potential uses include continued operation as a retail space, conversion to a restaurant, establishment of an office, or even short-term rental. The substantial size of the lot and building, combined with the flexible zoning, presents significant redevelopment potential. The seller is open to owner financing, making this an attractive proposition for qualified buyers. This property offers a unique blend of existing income potential and significant upside for future development in a desirable Lancaster location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight