1600 Sheridan Drive

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1600 Sheridan Drive

Lancaster, OH 43130
Asking Price
$475K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The retail property is listed for sale at $475,000.
  • Total building size measures 3,469 square feet of space.
  • This storefront features a versatile mixed-use functional layout.
  • Located in Lancaster, Ohio within the 43130 zip code.
  • The asset is positioned for potential retail or service use.

What's Special

Priced at $475,000, this 3,469 square foot retail storefront on Sheridan Drive presents a clear investment prospect in Lancaster, Ohio. The property features a mixed-use configuration, providing operational flexibility for varied commercial ventures in this established Fairfield County market. Positioned within a growing regional hub, the facility is well-suited for businesses looking to establish a physical presence in a city known for its historic downtown and expanding economic base. Investors and business owners can leverage the layout for diverse retail or service-oriented applications. The storefront benefits from its placement in a community that balances suburban residential growth with traditional commercial corridors. Prospective tenants or buyers will find the site accessible, serving a steady local population base that relies on these localized commercial hubs for daily needs and professional services.

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NOI
$80,000
Cap Rate
16.84%
DSCR
2.84
Strong
Cash-on-Cash
36.35%
Monthly Payment
$2,350.041
Annual Cash Flow
$51,799.51

Location & Travel Times