1955 Lancaster Newark Rd NE - Medical FOR SALE


Lancaster, OH 43130
$569,900 USD
220-666-4582
1955 Lancaster Newark Rd NE, Lancaster, OH for Sale
$569,900 USD
Medical - FOR SALE
1/47
null | Request Cap Rate

1955 Lancaster Newark Rd NE
Lancaster, OH 43130


HIGHLIGHTS

  • Historic charm meets modern functionality in this +2,300-SF commercial gem, zoned for business, boasting a rich history as a former Old Schoolhouse.
  • Designed for business success, this property features a lobby, patient rooms, offices, kitchen, lab & two bathrooms, ideal for diverse business needs.
  • Exceptional location on a state route ensures high visibility & accessibility, complemented by 15 paved parking spots & additional gravel parking.
  • Impeccably maintained inside and out, with preserved historical elements and thoughtful updates, offering a unique blend of character and efficiency.
  • Versatile space with a full walk-out basement, perfect for expansion or storage, enhancing the flexibility of this turnkey commercial opportunity.
  • From its brick walkway entrance to exposed brick walls on the interior, this property sets itself apart as an inviting and distinctive business venue.

OVERVIEW

Historic charm meets modern convenience at this impeccably maintained Old Schoolhouse office building, ideally located on 1.88 acres in the Business District. Previously operated as a medical office, 1955 Lancaster Newark Road NE offers over 2,300 square feet of versatile space, including a welcoming lobby/reception area, spacious patient rooms, private offices, a well-equipped kitchen, a lab/office, and two bathrooms. This freestanding property boasts easy accessibility with ample road frontage on a high-traffic state route, complemented by 15 paved parking spaces with handicapped access and additional parking in a gravel area. The property's strategic location positions it just 9 minutes from Historic Downtown Lancaster, providing proximity to local shopping, dining, retail, and office spaces. Also within a short drive are key amenities such as the Fairfield Medical Center (nine minutes), Lancaster High School (seven minutes), and Ohio University Lancaster Campus (five minutes), enhancing its appeal for a range of business ventures. This property represents a rare blend of historical character and modern functionality, offering an exceptional opportunity for your business vision.

FOR SALE DETAILS

PRICE

$569,900 USD

PRICE/SF

$239 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,224 SF

ZONING

-

APN/PARCEL ID

02-70037-700,02-70040-700

ASK ABOUT THIS PROPERTY

Sherry LooneyHoward Hanna Real Estate ServicesMore Info
220-666-4582

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Sherry LooneyHoward Hanna Real Estate ServicesMore Info
220-666-4582

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.