For Sale
$325,000

1006 Broad StLancaster, OH 43130

Versatile Space, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Lancaster, Ohio property at 1006 S Broad Street presents a unique investment opportunity. The 5,736 square foot building sits on a 5,227.2 square foot lot and offers a compelling blend of commercial and residential space, priced at $325,000 ($56.66/sq ft). The main level features a sizable commercial space, including a front room, large showroom or studio, and a separate office with a fireplace. A first-floor apartment with a kitchenette, living room, bedroom, and bathroom offers additional income potential or flexible living arrangements. Upstairs, a spacious living area boasts a vaulted great room, two bedrooms, a sunroom, and a kitchen with attractive wood cabinets. Private access to the outdoors is available from this upper-level residential space. A significant asset is the attached 2,810 square foot warehouse, featuring shelves and cabinets, accessible via a private paver patio and fenced side yard. The property benefits from updated electrical systems. The diverse layout and substantial square footage make this property ideal for a variety of uses, promising significant return on investment. This is a must-see property for discerning investors seeking a versatile and profitable venture in a desirable location.

Highlights

  • $325,000 asking price for a 5,736 SF special purpose property.
  • 5,736 square feet of net rentable space.
  • $56.66 price per square foot.
  • 5,227.2 square foot lot.
  • Located at 1006 S Broad Street, Lancaster, OH 43130.

Property Details for 1006 Broad St

Property type
Specialty properties
Square Feet
5,736 SF

Location Insight

City
Lancaster
County
Fairfield
State
Ohio
Latitude
39.6995918
Longitude
-82.6025927
1006 Broad St, Lancaster, Ohio

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1006 Broad St
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