Live in one unit and let the other pay your mortgage! This fantastic multi-unit opportunity has flexibility and character! This property offers the potential to convert into a spacious 4-bedroom single family home or continue as an income producing investment. Sitting in a high demand location awaits immediate rental income. Upstairs unit has private entrance with two-bedrooms and one-bathroom. Large attic perfect for storage. Private balcony where you can relax and unwind. Downstairs is a stunning one -bedroom and one bathroom. Gorgeous original sliding doors and partial basement. Washer and dryer hookups are offered on both levels. Separate electric meters and convenient off -street parking. Whether you are looking to expand your investment portfolio or create a larger single-family home in a prime location, this property offers versatility and strong potential! Prof
If you've been waiting on a real value-add opportunity in Lancaster, this is one worth your attention. This duplex sits in a location tenants consistently want — close to shopping, schools, restaurants, and main travel routes — which is exactly what protects long-term occupancy and rent growth. The bones are there. The location is right. What it needs now is the work. This property does require significant renovation, but that's where the margin lives. With proper rehab, the projected gross rental income is approximately $2,000+ per month, making this an excellent repositioning play for investors who understand how to create equity and lock in strong cash flow. Two units under one roof means: Diversified income Lower vacancy risk Simpler management Better long-term appreciation This is not a turnkey property — and it's not priced like one. It's a chance to step into Lancaster, improve the asset, and build real equity the way rental portfolios were built long before over-priced flips became the norm. Buy it right. Renovate it smart. Let it perform.
Welcome to 846 Main Street, a standout property in the heart of Lancaster's thriving downtown corridor. Zoned Commercial/Mixed Use, this versatile building offers endless potential for business owners, investors, and visionaries alike. Whether you're looking to establish a storefront, professional office, or live-work space, this property provides the flexibility to make it happen. With excellent visibility and frontage on Main Street, you'll benefit from high daily traffic and strong community presence. Inside, the property offers a functional layout ready to adapt to your needs — from boutique retail to creative studio to professional services. Even more exciting: this property can be combined with the neighboring parcel, creating an expanded footprint ideal for redevelopment, additional parking, or larger-scale commercial ventures. Together, these properties open the door to a truly unique investment opportunity in one of Lancaster's most dynamic areas. Don't miss your chance to secure a prime piece of real estate where business and community meet. Schedule your private showing today and imagine the possibilities that 846 Main Street has to offer!
Mixed use space in the heart of Lancaster, just off Main Street perfect for catching the eyes of customers in traffic. This property features a light-up yard sign ready to be customized for your business, 3 private offices (including one with double doors and a welcoming front window) a small kitchen, and a back deck that connects to a spacious storage garage. Upstairs, there is a studio apartment currently rented month-to-month offering additional income potential. With plenty of storage in the back and excellent visibility in a high-traffic location, this property is ideal for a variety of business opportunities.
Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 11427 Read Hartman Hwy, Suite 236, Cincinnati, OH 45241
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Lancaster is located in Ohio. Lancaster, Ohio has a population of 40,360. Lancaster is less family-centric than the surrounding county with 28.79% of the households containing married families with children. The county average for households married with children is 34.4%.
The median household income in Lancaster, Ohio is $50,994. The median household income for the surrounding county is $77,241 compared to the national median of $69,021. The median age of people living in Lancaster is 39.4 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 39.6 inches per year, with 18.1 inches of snow per year.
