1466 Sheridan Drive Lancaster, OH 43130

1466 Sheridan Drive Lancaster, OH 43130

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$527,000 Active
Commercial - Business MLS 226006618 New to the Market
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Listed By

Agency Name: Key Realty
Agency Phone: 877-539-7589
Agent Name: Elizabeth Warthman

Shown By

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

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Property Description

Prime commercial opportunity consisting of three parcels totaling 1.11 acres on a highly visible corner with strong traffic counts and good pedestrian access. Zoned Commercial General, offering flexibility for a variety of business or development uses. A house currently sits on the property but is in poor condition and may require full rehabilitation or removal. Access to the home is permitted only with a signed Hold Harmless Agreement. Excellent location for future commercial development.

1466 Sheridan Drive | MLS# 226006618

This commercial property located at 1466 Sheridan Drive , Lancaster, OH 43130 is currently listed for sale with an asking price of $527,000. Search Lancaster real estate on 2210scrollroadsw.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 3
Lot Size: 1.11 Acres
Taxes: $1,453
Year Built: 1957

Feature Descriptions

Parcel #: 05-34016-400
Utilities: Water Available, Storm Sewer, Sewer Available, Electricity Available

Demographics

Fairfield County Demographic Information for 1466 Sheridan Drive , 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

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