1117 Mulberry StLancaster, OH 43130

For Sale
$699,000

32,600 SF Warehouse, 4 Units, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional industrial property presents a compelling investment opportunity in Lancaster, Ohio. The 32,600 square foot warehouse complex sits on a 1.16-acre lot and comprises two buildings divided into four units. Built in 1960, the property features a 14-foot ceiling height, enhancing storage and operational efficiency. The warehouse includes one loading dock and two dock-high doors, facilitating seamless loading and unloading. Currently, approximately 13,900 square feet are leased, with the owner occupying an additional 6,900 square feet and willing to sign a two-year lease. This leaves significant potential for additional leasing or owner-occupancy. The asking price is $699,000, translating to $21.44 per square foot. The property's layout and ample parking provide flexibility for various business needs. The seller is open to negotiating improvements based on the buyer's requirements, adding further value to this promising investment. Detailed floor plans and photos are available upon request. This property offers a unique blend of immediate income potential and long-term growth prospects, making it an ideal acquisition for both investors and owner-occupants seeking a strategically located industrial space in a thriving market. The property's location at 1117 W Mulberry St, Lancaster, OH 43130, provides convenient access to major transportation routes.

Highlights

  • 32,600 SF warehouse complex on a 1.16-acre lot in Lancaster, OH.
  • Two buildings divided into four units, built in 1960.
  • 14-foot ceiling height, one loading dock, and two dock-high doors.
  • $699,000 asking price ($21.44/SF); 13,900 SF currently leased, with an additional 6,900 SF owner-occupied (willing to lease).
  • Located at 1117 W Mulberry St, Lancaster, OH 43130, with ample parking and seller open to negotiating improvements.

Property Details for 1117 Mulberry St

Property type
Other warehouses, Other industrial properties
Square Feet
32,600 SF
Year Built
1960
Buildings
2
Lot Size (sq. ft)
50,530 SF
Units
4

Location Insight

City
Lancaster
County
Fairfield
State
Ohio
Latitude
39.716866327533
Longitude
-82.619918978274
1117 Mulberry St, Lancaster, Ohio

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1117 Mulberry St
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