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1550 Sheridan Drive

Lancaster, OH 43130
  • $3,950,000
  • STATUS: Active Under Contract
  • ON SITE: 403 Days
  • MLS #: 223017164
Under Contract
UPDATED: 155 min ago
$3,950,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,877
    SQFT
  • $574
    $/SQFT
Type:
Commercial
Built:
1972
County:
Area:

School Ratings & Info

Description

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.

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© 2024 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 Signature Real Estate. Data last updated: 2024-07-15T11:52:39.777.
www.columbusignaturehomes.com/homes/140344205
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1550 Sheridan Drive Lancaster, OH 43130

  • Price: $3,950,000
  • Status: Active Under Contract
  • On Site: 403 Days
  • Updated: 155 min ago
  • MLS #: 223017164
0
Beds
0
Baths
0
½ Baths
0.16
Acres
6,877
SQFT
$574
$/SQFT
1972
Built
Neighborhood:
Colonnade Medical Office Building
County:
Fairfield
Area:
Lancaster
Property Description
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.
Exterior Features

Construction Metal Docks 0.00 Drive In Doors 0.00 Total Parking 200.00

Interior Features

Basement No Building Sq Ft 40000.00 Elevators 0.00 Floors Above Grade 0.00 Heat Fuel Electric Heat Type Forced Air Max Cont Sqft Avail 6877.00 Minimum Sq Ft Available 6877.00 Sprinkler None

Property Features

Auction No Between Street1 Tiki Lane Between Street2 Rainbow Dr Building Type Multi Tenant Corp Limit Per Auditor Lancaster Expenses Paid By Landlord Building InsuranceMaint/Repairs For Exchange No For Lease No For Sale Yes Miscellaneous Air Condition Mult Parcels Sch Dis Yes New Financing Conventional Office Sub Type Condominium Possession Upon closing Services Available ElectricSanitary SewerStorm SewerWater Tax District 053 Tax Incentive No Tax Year 2022 Taxes Yearly 52729.00 Tenant Contracts Directly Utilities Tenant Reimburses Landlord CamRE Taxes Township None

Listing provided courtesy of Sherry Orlando of RE/MAX ONE: (614) 729-7555.


© 2024 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 Signature Real Estate. Data last updated: 2024-07-15T11:52:39.777.
 
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