Solid duplex investment opportunity! Each unit features two bedrooms and a full basement. This property requires significant repairs. It does, however, offers excellent potential for investors seeking rental income. Being sold as is.
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.
Whittier Townhomes - A rare opportunity to acquire a newly constructed, fully stabilized 12-unit multifamily community with a 100% property tax abatement in place through 2041. Current annual property taxes are just $1,278, significantly boosting net operating income, as any increase in taxable improvement value is fully abated. Completed in 2024, the community features a desirable unit mix of six 2-bed/2.5-bath townhomes (1,484 SF each) and six 3-bed/2.5-bath townhomes (1,729 SF each). All units are 100% leased, producing $20,828 in monthly gross income, with average rents of $1,667 for the 2-bed units and $1,805 for the 3-bed units. Each unit offers condo-quality finishes, open floor plans, attached garages, in-unit laundry, and private rear patios. The property is ideally situated along Lancaster's primary commercial corridor, providing residents with convenient access to retail, dining, schools, and daily necessities. Just 30 minutes southeast of downtown Columbus and immediately off US-33, Whittier Townhomes benefits from strong regional growth trends and increasing rental demand along this key Columbus to Lancaster corridor.
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.
