Property profile

500 Maple St Lancaster, OH 43130

OFF-MARKET
Retail space
Property ID
US66-0210068
2,406 SF 0.07 ac lot Built 1940
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction STEEL FRAME
Total area 2,406 SF
Lot 0.07 ac (2,910 SF)
APN 053-30532.00
UPID US66-0210068

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

500 Maple St Lancaster, OH 43130-3171
Lancaster metro Census 32100 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2025
Last sale
$100,000
3 recorded transactions
2025
$100,000
2019
$55,000
2004
$80,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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