385 Lincoln AveLancaster, OH 43130

For Sale
$434,950

Vacant 5,117 SF Retail Building, $85/SF

Overview

Added:
Dec 11, 2024
Days on market:
92
This 5,117 square foot retail building at 385 Lincoln Avenue in Lancaster, Ohio, presents a fantastic investment opportunity. Built in 1953 and situated on a 18,295.2 square foot lot, the property is currently vacant and available for $434,950 ($85 per square foot). The building is in a "warm shell" condition, having undergone recent renovations including a new retail front entrance. The old concrete floor has been removed, and a new floor will be poured for the buyer. The front parking lot and apron will also be repaired, and additional parking is available in the rear lot. Importantly, this property has been removed from the floodplain map. Its location offers excellent visibility and accessibility, being just one block from Memorial Drive and close to downtown Lancaster. The NNN lease type provides flexibility for potential tenants. Multiple uses are permitted, including retail, restaurant, and even a drive-thru. This is an exceptional chance to acquire a renovated retail space with significant upside potential in a desirable location. The property features one unit and is ready for build-to-suit.

Highlights

  • 5,117 SF retail building on a 18,295.2 SF lot in Lancaster, OH.
  • $434,950 asking price ($85/SF).
  • Vacant, "warm shell" condition with recent renovations including a new retail entrance.
  • New floor to be poured; front parking lot and apron to be repaired; rear lot parking available.
  • Removed from floodplain; excellent visibility and accessibility near Memorial Drive and downtown.
  • NNN lease; multiple permitted uses (retail, restaurant, drive-thru); build-to-suit option.

Property Details for 385 Lincoln Ave

Property type
Other retail properties, Retail properties
Square Feet
5,117 SF
Year Built
1953
Units
1

Location Insight

City
Lancaster
County
Fairfield
State
Ohio
Latitude
39.7132626
Longitude
-82.6092983
385 Lincoln Ave, Lancaster, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
385 Lincoln Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message