1466 Sheridan DriveLancaster, OH 43130

1466 Sheridan DriveLancaster, OH 43130

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$527,000 Active
Commercial - Business MLS 226006618
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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 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 61
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 2025 Change up 6.8%
2010 Count 146,156
2020 Count 158,921
2025 Estimate (V2025) 169,752
2020 Estimate (V2025) 158,908
Age Distribution (Years Old)
0 to 4 5.7%
5 to 17 23.5%
18 to 64 53.9%
65 and Older 16.9%
Gender
Male 50.0%
Female 50.0%
Place of Birth
Foreign 4.3%
US 95.7%
Education
High School Graduate, Age 25+ 94.0%
Bachelor's Degree or Higher, Age 25+ 32.3%
Computer and Internet use
Households with a computer 96.3%
Households with a broadband Internet subscription 92.5%
Language
English is Second Language, Age 5+ 5.6%
English is First Language, Age 5+ 94.4%
Veterans
Veterans 9,079
Income
Per Capita Income $41,813
Median Household Income $90,966
People in Poverty 8.1%
Commute
Average Work Commute Time 28 minutes
Housing
Total Housing Units 64,207
Households 60,357
Average Household Size 2.65
Owner-Occupied 74.9%
Multi-Family 15.4%
Owner-Occupied Median Value $298,800
Median selected monthly owner costs -with a mortgage $1,739
Median selected monthly owner costs -without a mortgage $666
Median gross rent $1,172
Building Permits
New Private Housing Issued 2024 464
Years at Residence
1 Year or More 90.4%
Less Than 1 Year 9.6%
Business and Employment
Private non-farm Establishments 2,846
Private non-farm Employment 41,284
Private non-farm Employment Growth down 1.0%
Nonemployer Establishments 12,972
Number of Firms 1,808
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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