Address
1550 Sheridan Drive, Lancaster, OH
Price
$ 3,950,000
Property Attributes
- MLS#223017164
- TypeContingent
- CountyFAIRFIELD
- CityLancaster
- NeighborhoodColonnade Medical Office Building
- Zip43130
- StyleCondominium
- Year Built1972
- Taxes$ 52729
- Price$ 3,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6877
- Lot Size6,970 SqFt
Data Source:
Columbus REALTORS®
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.
| Price History | |
|---|---|
| 6/7/2023 | Listed $4,300,000 |
| 10/27/2023 | 9% - $3,950,000 |
General Features
| Construction | Metal |
|---|---|
| Possession | Upon closing |
| Status | Contingent |
| Year Built | 1972 |
| Subdivision | Colonnade Medical Office Building |
| County | Fairfield |
| Miscellaneous | Air Condition |
| Township | None |
| Type | Condominium |
| Property Type | D |
| For Lease | No |
| Tax Year | 2022 |
| Building Type | Multi Tenant |
| Tax District | 053 |
| New Financing | Conventional |
| Days on Market | 189 |
| City | Lancaster |
| Street Name | Sheridan |
| Tax Incentive | No |
| Taxes (Yrly) | 52729.00 |
| Building Sqft | 40000.00 |
| Listing Member Name | Sherry Orlando |
Interior Features
| Basement | No |
|---|---|
| Heat Type | Forced Air |
| Heating Fuel | Electric |
| # of Elevators | 0.00 |
| Street Suffix | Drive |
| List Price/SqFt | 574.38 |
Exterior Features
| # of Drive-In Doors | 0.00 |
|---|---|
| Total Parking | 200.00 |
| Sprinkler | None |
| # of Docks | 0.00 |
| Acreage | 0.16 |
| Minimum Sqft Avail | 6877.00 |
| Total Available Sqft | 6877.00 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 43130
Price
Taxes
Visits
Year Built
Walkscore
Columbus REALTOR® and Central Ohio Regional Multiple Listing Service, Inc .All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective
