1600 Sheridan Drive, Lancaster, OH 43130

$475,000
Property Type: Commercial Square Footage: 3,469 Lot Size (sq. ft.): 31,363 Status: Active
Current Price: $475,000 List Date: 5/08/2026 Last Modified: 6/24/2026

Overview

Description

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.

Listing Details MLS# 226016084

Location Property Info

Original List Price
475000
Property Sub Type
Mixed Use
Street #
1600
Street Name
Sheridan
Street Suffix
Drive
County
Fairfield
State
OH
Zip Code
43130
Township
None

OfficeContract Info

MLS Entry Date
2026-05-08

General Property Info

Total SqFt Available
3469
Bldg Sq Ft
3469
Max Cont Sqft Avail
3469
Minimum Sqft Avail
2669
Number of Units
Yes
# of Floors Above Gr
Yes
Total Parking
25
Year Built
1972
Use Code
442 - MEDICAL OFFICES
Acreage
0.72
# of Docks
0

Tax Info

Parcel #
05-34202-700
Zoning
CG
Tax Year
2025
Tax Abatement
No
Taxes (Yrly)
6190

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
136.93
City (Mailing Addr)
Lancaster
Corp LimitPerAuditor
Lancaster

More Information

Office/Contract Info

For Sale
Yes
Exchange
No
For Lease
No
Lease Rate $/Sq Ft
0

Remarks & Misc

Property Description
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.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

T Reimburses L

Curr Yr Est $/SF TRL
0

Construction

Brick
Yes

Heat Fuel

Electric
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Water Available
Yes

Heat Type

Forced Air
Yes

Electric

3 Phase
Yes

New Financing

Conventional
Yes

Business Type

Church
Yes
Financial
Yes
Professional/Office
Yes
Retail
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Heat Fuel: Electric Heat Type: Forced Air Electric: 3 Phase Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Water Available Construction: Brick Business Type: Church; Financial; Professional/Office; Retail New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Keller Williams Capital Ptnrs
Listing Agent: Rachel M Alley
Last Updated: June - 24 - 2026
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