501-511 S High St

501 S High St Lancaster, OH 43130

Lancaster
FOR SALE
Property Type:
Factory
Amount:
$1,500,000
Last Verified:
Jul 28, 2026

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Highlights

  • Approx 22,275 SF industrial building
  • CBD zoning
  • Multiple dock doors
  • Multiple drive-in doors
  • 14-18ft clear height
  • Cold storage option

Description

Discover a prime investment opportunity with this impressive 22,275 SF industrial property in the heart of the Lancaster area. Renovated in 2022 with modern industrial needs in mind, the building offers a strategic location in the central business district, ideal for manufacturing and industrial operations. Boasting a rich history dating back to 1948, the property encompasses versatile spaces and features, providing ample room for growth and flexibility. Zoned for central business use, this property presents an exceptional opportunity for industrial investors seeking a strategic foothold in the thriving Lancaster market. With its extensive space and modern updates, this property offers the perfect foundation for industrial success.

Discover the vibrant industrial and manufacturing potential of the Lancaster area. Located in the historic city of Lancaster, this prime location offers easy access to major transportation routes, including nearby Interstates and railways, ideal for streamlined distribution and shipping. The area boasts a strong manufacturing workforce and a supportive business environment, positioning it as a hub for industrial growth. Nearby points of interest include the Fairfield County Fairgrounds, offering incredible opportunities for community engagement and events, as well as several local parks and outdoor recreational areas. With a rich industrial heritage and a focus on economic development, the Lancaster area presents a compelling opportunity for industrial and manufacturing investors.


Year Built: 1948
Building Size: 22275sq ft
Building Class: C
Lot Size: 0.96 acres

Map of 501 S High St, Lancaster, OH, 43130

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.