40 E Main Street Lexington, OH 44904

Commercial - Business MLS 226012958 Sold New to the Market
Closed 870000
  • 40 E Main Street , Lexington, OH 44904 Photo 1
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Listed By

Agency Name: Sluss Realty Company
Agent Name: Stacey J Wampler
Agency Phone: 419-529-3047

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Shown By

Agent Name: Jennifer Williams
Agent Phone: (614) 271-0407
Agency Title: Cutler Real Estate

Contact Jennifer Williams About This Property

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Property Description

This fully built-out café and bar space in the Teller Building in Lexington is now offered with the opportunity to purchase the entire property. This mixed-use building blends a turnkey commercial space with boutique hotel-style accommodations and additional office income potential. The commercial area features two drive-thru lanes, a furnished patio with gas fire pits, turf lawn, and quality outdoor seating. Inside supports beverage service and light food prep with existing refrigeration, prep areas, and bar infrastructure. The property also includes two office suites of approximately 260 square feet each, Suites A and B, with Suite B currently leased. Luxury accommodations, including THE NIGHT VAULT, offer a one-of-a-kind stay with high-end finishes and repurposed historic elements. Located in the heart of Lexington near Mid-Ohio, Snow Trails, and Mohican, this high-visibility property offers multiple income streams.

Property Features

Property Type: Commercial - Business
Days on Market: 45
Heating: Other
Lot Size: 0.79 Acres
Taxes: $13,164
Year Built: 1982

Feature Descriptions

Parcel #: 048-27-110-01-000
Utilities: Water Available, Sewer Available, Electricity Available

Demographics

Richland County Demographic Information for
Fips
Fips Code 39139
Population
2020 to 2025 Change 0.0%
2010 Count 124,475
2020 Count 124,936
2025 Estimate (V2025) 124,893
2020 Estimate (V2025) 124,927
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.5%
18 to 64 52.0%
65 and Older 21.2%
Gender
Male 51.2%
Female 48.8%
Place of Birth
Foreign 1.6%
US 98.4%
Education
High School Graduate, Age 25+ 90.0%
Bachelor's Degree or Higher, Age 25+ 17.9%
Computer and Internet use
Households with a computer 92.9%
Households with a broadband Internet subscription 87.9%
Language
English is Second Language, Age 5+ 4.7%
English is First Language, Age 5+ 95.3%
Veterans
Veterans 7,510
Income
Per Capita Income $31,336
Median Household Income $59,509
People in Poverty 13.5%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 54,663
Households 50,111
Average Household Size 2.36
Owner-Occupied 67.9%
Multi-Family 17.8%
Owner-Occupied Median Value $164,800
Median selected monthly owner costs -with a mortgage $1,218
Median selected monthly owner costs -without a mortgage $489
Median gross rent $824
Building Permits
New Private Housing Issued 2024 143
Years at Residence
1 Year or More 87.6%
Less Than 1 Year 12.4%
Business and Employment
Private non-farm Establishments 2,616
Private non-farm Employment 39,131
Private non-farm Employment Growth down 1.0%
Nonemployer Establishments 7,835
Number of Firms 2,233
Business Production
Value of Shipments $3,520,347,000
Wholesale Trade $760,444,000
Retail Trade $1,641,877,000
Retail Sales Per Capita $12,237
Accommodation and Food Services $214,497,000
Land
Land Area 495.27 sq. miles
Population Per Square Mile 252

Source: US Census Bureau

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