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508 W 6th Avenue

Lancaster, OH 43130
  • $269,900
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 225000905
UPDATED: 62 min ago
$269,900
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1959
County:
Area:

School Ratings & Info

Description

Awesome Investment Opportunity! An income-producing mixed-use space! Two 2 BR, 1 BA apartments (both currently rented at $975 and $1,050). A ready-to-be-leased 1,800-2,400 sq. ft. of first-floor commercial retail space (lease rate would be $10-$16 per sq. ft.), a 900-1,200 sq. ft. basement commercial lease space (lease rate would be $6-$12 per sq. ft.), a 27' x 42' detached garage (currently vacant but was rented at $650 a month), and additional $100 a month income from the banner/billboard. Two parcels. Lots of on- and off-street parking. Tons of upside potential. Do Not Disturb the Tenants. Leases and deposits transferred to buyer at closing.

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© 2025 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shaffer Team | Howard Hanna Real Estate Services. Data last updated: 2025-01-23T07:52:17.65.
www.shaffer-team.com/homes/159350240
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508 W 6th Avenue Lancaster, OH 43130

  • Price: $269,900
  • Status: Active
  • On Site: 12 Days
  • Updated: 62 min ago
  • MLS #: 225000905
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1959
Built
County:
Fairfield
Area:
Lancaster
Property Description
Awesome Investment Opportunity! An income-producing mixed-use space! Two 2 BR, 1 BA apartments (both currently rented at $975 and $1,050). A ready-to-be-leased 1,800-2,400 sq. ft. of first-floor commercial retail space (lease rate would be $10-$16 per sq. ft.), a 900-1,200 sq. ft. basement commercial lease space (lease rate would be $6-$12 per sq. ft.), a 27' x 42' detached garage (currently vacant but was rented at $650 a month), and additional $100 a month income from the banner/billboard. Two parcels. Lots of on- and off-street parking. Tons of upside potential. Do Not Disturb the Tenants. Leases and deposits transferred to buyer at closing.
Exterior Features

Construction Block Yes Parking Total 15

Interior Features

Building Area Total 6080 Building Area Total1 6080 Gas Heat Yes Heating Forced Air

Property Features

Additional Parcels YN Yes Auction Online Bidding No Listing Terms Conventional Property Sub Type Multiple Use Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 1895 Tax Year 2024 Utilities WaterElectricSanitary Sewer

Listing provided courtesy of Donald Shaffer of Howard HannaRealEstateServices: 614-402-0338.


© 2025 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shaffer Team | Howard Hanna Real Estate Services. Data last updated: 2025-01-23T07:52:17.65.
 
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Pickerington OH, 43147