Lancaster, OH Commercial Real Estate for Lease and Sale

Explore 28 listings of Lancaster commercial real estate to find the best space for your business.

Oakbourne Properties

320 South Broad Street, Lancaster, OH
Property

Other
For Sale

$1,200,000
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Outlot- Hocking Valley Mall

North Memorial Drive, Lancaster, OH
Property

Other
For Sale

$385,000
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1755 Cedar Hill Road

1755 Cedar Hill Road, Lancaster, OH
Property

VacantLand
For Sale

$225,000
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Lancaster Land

2020 E Main St, Lancaster, OH
Property

VacantLand

1,500 SF
Year Built

1956
For Sale

$300,000
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Office Retail Industrial

Retail Industrial Land
201 S Broad St, multiple options

201 S Broad St, multiple options, Lancaster, OH
Property

Office

26,000 SF
Availability

1 Space

207 SF
For Lease

$12.00/SF/YR
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1432 Collins Rd NW

1432 Collins Rd NW, Lancaster, OH
Property

Office

30,000 SF
Availability Contact for availability
Year Built

1972
For Lease Contact for pricing
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2785 Columbus Lancaster Rd NW

2785 Columbus Lancaster Rd NW, Lancaster, OH
Property

Retail

7,750 SF
Availability

1 Space

6,000 SF
Year Built

2002
For Lease Contact for pricing
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201 South Broad Street, 501 & 503

201 South Broad Street, 501 & 503, Lancaster, OH
Property

Office

26,000 SF
Availability

1 Space

607 SF
Year Built

1920
For Lease

$11.86/SF/YR
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2845 Columbus Lancaster Rd NW LAND

2845 Columbus Lancaster Rd NW, Lancaster, OH
Property

Land

1.19 Acre
Availability

1 Space

51,836 Acre
For Lease Contact for pricing
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201 S Broad St, suite 317

201 S Broad St, suite 317, Lancaster, OH
Property

Office

26,000 SF
Availability

1 Space

202 SF
For Lease

$295.00/SF/YR
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0 Canal Street

Canal Street, Lancaster, OH
Property

VacantLand
For Sale

$195,900
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201 S Broad St, suite 312

201 S Broad St, suite 312, Lancaster, OH
Property

Office

26,000 SF
Availability

1 Space

205 SF
For Lease

$14.63/SF/YR
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Unique 381,872 ± SF Manufacturing/Warehouse Property

3775 Lancaster New Lexington Rd SE, Lancaster, OH
Property

Industrial

381,872 SF
Year Built

1965
For Sale Contact for pricing
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201 S Broad St, 200

201 S Broad St, 200, Lancaster, OH
Property

Office

26,000 SF
Availability

1 Space

2,100 SF
For Lease

$12.00/SF/YR
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River Valley Mall

1635 River Valley Circle South, Lancaster, OH
Property

Retail

569,461 SF
Availability

33 Spaces

188,350 SF
Year Built

1987
For Lease Contact for pricing
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201 S Broad St, suite 315

201 S Broad St, suite 315, Lancaster, OH
Property

Office

26,000 SF
Availability

1 Space

202 SF
For Lease

$14.85/SF/YR
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1450 E. Walnut Street

1450 East Walnut Street, Lancaster, OH
Property

Industrial

202,871 SF
Availability

6 Spaces

405,742 SF
Year Built

1950
For Lease Contact for pricing
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201 S Broad St, suite 400

201 S Broad St, suite 400, Lancaster, OH
Property

Office

26,000 SF
Availability

1 Space

3,708 SF
Year Built

1920
For Lease

$11.33/SF/YR
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Lancaster Plaza - Outlot

1203 North Memorial Drive, Lancaster, OH
Property

VacantLand

0.75 Acre
Availability

1 Space

0.75 Acre
For Lease Contact for pricing
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204 S Broad St

204 S Broad St, Lancaster, OH
Property

Office

8,425 SF
Availability

1 Space

8,425 SF
For Lease Contact for pricing
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River Valley Mall

1635 River Valley Cir S, Lancaster, OH
Property

Retail
Availability

1 Space

53,000 SF
For Lease Contact for pricing
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Lancaster Plaza

1199 North Memorial Drive, Lancaster, OH
Property

Retail

253,976 SF
Availability

2 Spaces

4,190 SF
Year Built

1960
For Lease Contact for pricing
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1402 ETY ROAD NW LANCASTER

1402 ETY ROAD NW LANCASTER, Lancaster, OH
Property

Retail

32,000 SF
Availability

1 Space

32,000 SF
For Lease

$14.00 - $17.00/SF/YR
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Memorial Dr & Ety Rd (Lancaster)

1503 Ety Road NW, Lancaster, OH
Property

VacantLand
Availability

1 Space

252,648 SF
For Lease Contact for pricing
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1367-1377 Ety Rd

1367-1377 Ety Rd, Lancaster, OH
Property

Retail

1,266 SF
Availability

1 Space

1,266 SF
Year Built

2008
For Lease

$23.00/SF/YR
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224 E Main Street

224 E Main Street, Lancaster, Other, OH
Property

Retail

15,540 SF
Year Built

1956
For Sale

$599,000
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2893 W Fair Ave

2893 W Fair Ave, Lancaster, OH
Property

Industrial

1,272,227 SF
Availability

1 Space

341,016 SF
Year Built

1969
For Lease

$3.95/SF/YR
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1622 N Memorial Dr

1622 N Memorial Dr, Lancaster, OH
Property

Retail

1,843 SF
Availability

1 Space

1,843 SF
Year Built

2007
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lancaster commercial real estate market incorporates 194,425 square feet of office space across 9 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lancaster commercial real estate market includes 1,299,015 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lancaster market, there is a total of 1,272,227 square feet of industrial property.

The listing inventory in Lancaster incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lancaster is represented by Industrial space, which accounts for 746,758 square feet of available listings. Retail space available in Lancaster adds up to 432,875 square feet.

Meanwhile, most of the listings of commercial property for sale in Lancaster are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Lancaster is $42.98 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lancaster can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lancaster, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $78 per square foot.

The average size of a commercial property in Lancaster depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lancaster, the average size of an office property is 24,304 square feet.
Retail properties here incorporate an average of 259,803 square feet.
Industrial space in Lancaster is in buildings that are, on average 1,272,227 square feet in size.

Lancaster, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lancaster currently add up to 2,259,491,876 square feet. The market offers 9 active office listing(s), which amount to 15,656 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 467,984 square feet across 7 retail space(s). Industrial space for rent opportunities in Lancaster amount to 746,758 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	9	15,656
Retail	7	467,984
Industrial	2	746,758
Other	3	2,258,261,478

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lancaster, OH. Currently, there is 398,912 square feet of commercial property for sale here , which includes , 1 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Retail	1	15,540
Industrial	1	381,872
Other	5	1,500

Lancaster, OH Commercial Real Estate for Lease and Sale

What type of listing property are you looking for?

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lancaster, OH?

What factors affect the price of commercial real estate in Lancaster, OH?

What is the average rent for commercial space in Lancaster, OH?

What are the best areas for commercial real estate in Lancaster, OH?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lancaster, OH?

Lancaster, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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