1600 Sheridan Drive
Lancaster, OH, 43130 $ 475,000
Bedrooms-- Baths-- Sq 3,469 Monthly Estimate*
$ 2,925
for $475,000. This 3,469 square foot building was built in 1972 on a lot size of 0.72.
1600 Sheridan Drive | Lancaster, Ohio Built in 1972, this former bank, most recently used as a medical facility, offers exceptional flexibility for a wide range of future uses. With approximately 2,669 square feet on the main level plus 800 square feet of finished lower-level space, this property provides functional square footage for office, medical, retail, institutional, or service-oriented users. The building retains its original drive-in window, opening the door to banking, pharmacy, food service, or other customer-facing operations. The lower level includes finished space along with additional utility rooms, adding storage and operational flexibility. Major mechanical updates include heating and cooling systems installed circa 2018 and a new sump pump in 2025, helping reduce near-term capital expenses. The site features approximately 20 dedicated parking spaces, a significant advantage for medical or professional use. Ideally located near a retail shopping corridor along Sheridan Drive and within close proximity to Fairfield County offices, this property benefits from steady traffic and a growing Lancaster market. Suitable for: medical, office, retail, school, church, or other adaptive reuse opportunities. Bottom line: If you're looking for a well-located, adaptable commercial building with solid infrastructure and parking, 1600 Sheridan Drive deserves a closer look.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Utilities Water Available Electricity Available
Year Built 1972
Electric 3 Phase
Stories Count 1
Township None
Property Subtype Mixed Use
Tax Year 2025
Gross Income 0.0
County Fairfield
Net Operating Income 0.0
Operating Expense 0.0
Property Type Commercial Sale
Status Active
City Lancaster
Zoning Description CG
Number Of Units Total 1
Lot Size Square Feet 31363.2
Land Lease Y/N N
Tax Annual Amount 6190.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
New Financing Coventional True
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ExteriorWater Source Public
Total Parking 25.0
Lot Size Area 0.72
Spa N
Building Area Total 3469.0
Lot Size Acres 0.72
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByRachel M AlleyListing Agent
Keller Williams Capital PtnrsBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,925
- Monthly Property Taxes
- $516
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Lancaster, OH
Average List Price $446,149
Percent of Sale Price 6%
About Lancaster, OH 41,042 Population
14% Since 2002
$ 40,216 Median Income
38.72 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
1421267 Elementary School
1421418 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/8/2026 | $475,000 | | Listed Price |