39
See all 39 photos
$267,500
Est. payment /mo
6,080 SqFt
Active Under Contract
508 W 6th Avenue Lancaster, OH 43130
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UPDATED:
02/08/2025 11:55 PM
Key Details
Property Type Commercial
Sub Type Multiple Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,080 sqft
Price per Sqft $43
MLS Listing ID 225000905
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1959
Annual Tax Amount $1,895
Lot Size 0.260 Acres
Lot Dimensions 0.26
Property Sub-Type Multiple Use
Property Description
Awesome Investment Opportunity! An income-producing mixed-use space! Two 2 BR, 1 BA apartments (both currently rented at $975 and $1,050). A ready-to-be-leased 1,800-2,400 sq. ft. of first-floor commercial retail space (lease rate would be $10-$16 per sq. ft.), a 900-1,200 sq. ft. basement commercial lease space (lease rate would be $6-$12 per sq. ft.), a 27' x 42' detached garage (currently vacant but was rented at $650 a month), and additional $100 a month income from the banner/billboard. Two parcels. Lots of on- and off-street parking. Tons of upside potential. Do Not Disturb the Tenants. Leases and deposits transferred to buyer at closing.
Location
State OH
County Fairfield
Area 0.26
Zoning Commercial
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Others
Tax ID 05-31140-400
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Donald E Shaffer Howard HannaRealEstateServices