Homes for sale / Lancaster

$449,900 Active Reduced 5%

1600 Sheridan Drive, Lancaster, OH 43130

  • 0.72 acres
  • Built 1972

About this property

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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Key facts

Status
Active
Type
Mixed Use
Days on market
162
Property taxes
about $6,190/yr
County
Fairfield
MLS #
226016084
Listing brokerage
Keller Williams Capital Ptnrs
Listing agent
Rachel M Alley
Listing brokerage contact
614-888-1000

Price reduced 5% from $475,000 on July 17.

Lot and parking

Lot size
0.72 acres
Lot square feet
31,363
Total parking
25

Systems and utilities

Heating
Forced Air
Electric
3 Phase
Utilities
Water Available, Electricity Available
Sewer
Public Sewer
Water
Public

Taxes and HOA

Property taxes
about $6,190 a year
Tax year
2025
Parcel number
05-34202-700

Sale terms

Financing accepted
Conventional

Around it

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Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. 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. Data last updated Oct 19, 2026, 6:13 PM.

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1600 Sheridan Drive, Lancaster, OH 43130 · 55 photos Book a tour
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