500 Maple St Lancaster, OH 43130-3171
This exceptional mixed-use commercial property, situated at 500 N Maple Street in Lancaster, Ohio, presents a unique investment opportunity. Boasting 2,406 square feet on a 0.07-acre lot, this building offers ample space for a variety of commercial ventures. Previously utilized as a church and more recently as a billing office, its adaptable layout allows for creative repurposing. The interior features a full kitchen, two half-bathrooms, and numerous separate offices or rooms, providing flexibility for diverse business needs. A large common area offers significant potential for customization, accommodating retail spaces, studios (yoga, dance, etc.), salons, massage therapy practices, daycare centers, or other similar uses. The possibilities are truly extensive. Street parking is available for customers and employees. The current tenants will vacate the premises upon closing, ensuring immediate occupancy for the new owner. This property's convenient Lancaster location and versatile design make it an ideal choice for entrepreneurs seeking a well-established space to launch or expand their business. The asking price is $139,900.
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.