1117 Mulberry StLancaster, OH 43130

For Lease
$6/SF/YR

32,600 SF Warehouse, 7,136 SF Available

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional Lancaster, Ohio warehouse property at 1117 W Mulberry Street presents a unique investment opportunity. The 32,600 square foot building, constructed in 1945, is classified as Class C and features a single suite. Currently, approximately 6,907 square feet are leased, and the owner occupies 7,228 square feet. The owner will lease back the occupied space for up to 24 months, providing a potential income stream during the transition. A significant portion of the building, totaling 7,136 square feet, is currently vacant and offers potential for redevelopment. The vacant space is comprised of multiple units in varying conditions, requiring remodeling. This property boasts a prime location in Lancaster, Ohio, situated next to Anchor Hocking. Adding to its appeal is an included vacant lot across Union Street, zoned for additional off-street parking, enhancing the property's functionality and value. The property's address is 1117 W Mulberry Street, Lancaster, OH 43130, with a lot size of 0.94 acres (APN: 05-31176-900). The substantial size, strategic location, and included vacant lot make this a compelling investment prospect for those seeking a warehouse property with redevelopment potential in a thriving area. The property's multiple tenancy status and the owner's lease-back agreement offer flexibility for future development plans.

Highlights

  • 32,600 SF Class C warehouse building on 1.05 acres in Lancaster, OH.
  • Single-suite building with 6,907 SF currently leased and 7,228 SF owner-occupied (owner will lease back for up to 24 months).
  • 14' average ceiling height, concrete block construction.
  • 7,136 SF of vacant space available for redevelopment; multiple units in varying conditions.
  • Prime Lancaster location adjacent to Anchor Hocking, plus included vacant lot for additional parking.

Property Details for 1117 Mulberry St

Property type
Other warehouses, Other specialty properties
RSF (Rentable sq. ft)
32,600 SF
Class
C
Year Built
1945

Unit(s) available at that property

Space
Suite D
Size
7,136 SF
Rate per SF
$6

Location Insight

City
Lancaster
County
Fairfield
State
Ohio
Latitude
39.7170804
Longitude
-82.619757
1117 Mulberry St, Lancaster, Ohio

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1117 Mulberry St
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