Property Description

Prime corner lot in the vibrant heart of downtown Lancaster, nestled within the DORA (Designated Outdoor Refreshment Area). A commercial lot in this prime downtown area is a true rarity, making this property a unique find. With both commercial and residential potential, the possibilities are truly endless--whether you envision a thriving business or a unique living space. Utilities are conveniently available at the road, and being in the DORA district ensures a lively, high-visibility location for your next great endeavor!

301 S Broad Street | MLS# 226020762

This land located at 301 S Broad Street , Lancaster, OH 43130 is currently listed for sale with an asking price of $50,000. The property has approximately 0.05 Acres. S Broad Street is located within the LANCASTER CITY school district. Search Lancaster real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Land - Lot/Land

Days on Market: 47

Lot Size: 0.05 Acres

Taxes: $185

Feature Descriptions

Parcel #: 05-35058-000

Utilities: Water Available

Local Schools

School District: LANCASTER CITY

Demographics

Fairfield County Demographic Information for 301 S Broad Street , Lancaster, OH 43130

Fips

Fips Code 39045

Population

2020 to 2025 Change up 6.8%

2010 Count 146,156

2020 Count 158,921

2025 Estimate (V2025) 169,752

2020 Estimate (V2025) 158,908

Age Distribution (Years Old)

0 to 4 5.7%

5 to 17 23.5%

18 to 64 53.9%

65 and Older 16.9%

Gender

Male 50.0%

Female 50.0%

Place of Birth

Foreign 4.3%

US 95.7%

Education

High School Graduate, Age 25+ 94.0%

Bachelor's Degree or Higher, Age 25+ 32.3%

Computer and Internet use

Households with a computer 96.3%

Households with a broadband Internet subscription 92.5%

Language

English is Second Language, Age 5+ 5.6%

English is First Language, Age 5+ 94.4%

Veterans

Veterans 9,079

Income

Per Capita Income $41,813

Median Household Income $90,966

People in Poverty 8.1%

Commute

Average Work Commute Time 28 minutes

Housing

Total Housing Units 64,207

Households 60,357

Average Household Size 2.65

Owner-Occupied 74.9%

Multi-Family 15.4%

Owner-Occupied Median Value $298,800

Median selected monthly owner costs -with a mortgage $1,739

Median selected monthly owner costs -without a mortgage $666

Median gross rent $1,172

Building Permits

New Private Housing Issued 2024 464

Years at Residence

1 Year or More 90.4%

Less Than 1 Year 9.6%

Business and Employment

Private non-farm Establishments 2,846

Private non-farm Employment 41,284

Private non-farm Employment Growth down 1.0%

Nonemployer Establishments 12,972

Number of Firms 1,808

Business Production

Value of Shipments $1,121,644,000

Wholesale Trade $0

Retail Trade $1,966,556,000

Retail Sales Per Capita $11,384

Accommodation and Food Services $252,325,000

Land

Land Area 504.41 sq. miles

Population Per Square Mile 290

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 286.12 per month $256.12 Principal & Interest $15.42 Property Tax $14.58 Homeowner's Insurance

Change Payment Information

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301 S Broad Street Lancaster, OH 43130