530-532 N Columbus Street Lancaster, OH 43130

530-532 N Columbus Street Lancaster, OH 43130

1/55 Fullscreen
$575,000 Active
Commercial - Business MLS 226004092

Listed By

Agency Name: RE/MAX Revealty
Agency Phone: 614-505-7438
Agent Name: Dylan J Knecht

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

IDX logo

TOUR PROPERTY

Choose a date and time to see 530-532 N Columbus Street , Lancaster, OH 43130.
An agent will get in touch to confirm your request shortly.

Choose your video chat app
Request a Showing
  • Monday March 16
  • Tuesday March 17
  • Wednesday March 18
  • Thursday March 19
  • Friday March 20
  • Saturday March 21
  • Sunday March 22
  • Monday March 23
  • Tuesday March 24
  • Wednesday March 25
  • Thursday March 26
  • Friday March 27
  • Saturday March 28
  • Sunday March 29
  • Monday March 30
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method

Property Description

Turnkey Mixed-Use Investment Opportunity in the Heart of LancasterStep into a piece of Lancaster history with this nostalgic mixed-use building offering both character and cash flow potential. The main level features a long-operating neighborhood bar with a strong local presence and timeless charmâ??ready for its next owner to continue operations or reimagine the concept. The established layout provides a seamless transition for continued hospitality use.Upstairs, you'll find two beautifully renovated apartments delivering modern comfort with high-end industrial finishes. The spacious two-bedroom unit and stylish one-bedroom unit showcase updated interiors, blending exposed elements and contemporary touches to create a desirable living space tenants love.A private parking lot located at the rear of the building adds valuable convenience for both patrons and residentsâ??an uncommon bonus in downtown mixed-use properties.Whether you're an investor seeking diversified income streams or an owner-operator looking to control your business and real estate under one roof, this Lancaster mixed-use opportunity delivers versatility, charm, and upside potential.

530-532 N Columbus Street | MLS# 226004092

This commercial property located at 530-532 N Columbus Street , Lancaster, OH 43130 is currently listed for sale with an asking price of $575,000. Search Lancaster real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 31
Heating: Forced Air
Year Built: 1900

Feature Descriptions

Parcel #: 0532033800
Utilities: Water Available, Storm Sewer, Sewer Available, Natural Gas Available, Electricity Available

Demographics

Fairfield County Demographic Information for 530-532 N Columbus Street , Lancaster, OH 43130
Fips
Fips Code 39045
Population
2020 to 2023 Change up 4.1%
2010 Count 146,156
2020 Count 158,921
2023 Estimate (V2023) 165,360
2020 Estimate (V2023) 158,908
Age Distribution (Years Old)
0 to 4 5.7%
5 to 17 23.6%
18 to 64 53.9%
65 and Older 16.8%
Gender
Male 50.0%
Female 50.0%
Place of Birth
Foreign 4.1%
US 95.9%
Education
High School Graduate, Age 25+ 93.9%
Bachelor's Degree or Higher, Age 25+ 31.1%
Computer and Internet use
Households with a computer 94.5%
Households with a broadband Internet subscription 89.2%
Language
English is Second Language, Age 5+ 5.0%
English is First Language, Age 5+ 95.0%
Veterans
Veterans 9,179
Income
Per Capita Income $38,783
Median Household Income $82,969
People in Poverty 8.8%
Commute
Average Work Commute Time 28 minutes
Housing
Total Housing Units 64,207
Households 58,723
Average Household Size 2.66
Owner-Occupied 74.9%
Multi-Family 15.4%
Owner-Occupied Median Value $247,800
Median selected monthly owner costs -with a mortgage $1,599
Median selected monthly owner costs -without a mortgage $613
Median gross rent $1,042
Building Permits
New Private Housing Issued 2023 439
Years at Residence
1 Year or More 88.7%
Less Than 1 Year 11.3%
Business and Employment
Private non-farm Establishments 2,737
Private non-farm Employment 35,677
Private non-farm Employment Growth down 1.0%
Nonemployer Establishments 12,265
Number of Firms 11,556
Business Production
Value of Shipments $1,121,644,000
Wholesale Trade $0
Retail Trade $1,966,556,000
Retail Sales Per Capita $11,384
Accommodation and Food Services $252,325,000
Land
Land Area 504.41 sq. miles
Population Per Square Mile 290

Source: US Census Bureau