Under contract

Contingent

1550 Sheridan Drive

Lancaster OH, 43130

$3,950,000


$98.75 per sqft

Under contract

Contingent

40,000 sqft

Condo

Built in 1972

Courtesy of Sherry Orlando - RE/MAX ONE

INVESTMENT OPPORTUNITY with this income producing property.

40,000 SF multi-tenant Medical office Condominium building on over 2 acres with parking lot (200 spaces), green space and access road.

Most Suites are on long-term leases. Only two Suites are vacant representing 3000 sf. A Buyer/Owner opportunity to have their own space within the building.

Office Suites have their own parcel number and are taxed separately. Suites range from 1482-1620 sf. with one exception. The largest Suite is 6877 sf.

Net Operating Income is $289,555.

223017164

MLS ID

June 7, 2023

Listed

September 17, 2024

Updated

Map

1550 Sheridan Drive
Lancaster OH, 43130

Interior Features

Total Stories

0


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.16 Acres

Other Property Details

Taxes

$52,729


Tax Frequency

Annually


Days on Market

189


Garage

No


Parking Total

200


View

No


County

Fairfield


Municipality

None


Pool

No

Listing History

Date

Event

Price

12/12/2023

Under contract

10/27/2023

Price change

$3,950,000

-9%

 

Courtesy of Sherry Orlando - RE/MAX ONE 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arthur Owens shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Copyright: 2024 by Columbus and Central Ohio Regional MLS. All rights reserved.

 

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