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    Lima, OH Commercial Real Estate for Sale

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    Columbus Grove, OH Cridersville, OH Union City, OH
    92 listings
    Restaurant/Bar Opportunity in Lima, OH
    $1,600,000
    6,690 SF
    Restaurant/Bar Opportunity in Lima, OH

    1507 Harding Highway, Lima, OH 45804

    Well-maintained 6,690 SF restaurant/bar on 1.18 acres.
    • Prime location with easy access to I‑75, ST RT 309, and ST RT 117.
    • High traffic area suitable for business.
    • Existing building approximately 6,690 sq. ft. built in 2000.
    • Over 110 parking spaces on a 1.18‑acre lot.
    • Well‑maintained building with central air conditioning.
    Updated: Feb 24
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    Prime Lima Commercial Investment Opportunity
    $689,000
    5,160 SF
    Prime Lima Commercial Investment Opportunity

    222 S Elizabeth Street, Lima, OH 45801

    Fully occupied mixed-use property in revitalizing downtown Lima.
    • Built in 1916 with brick construction, plus ceramic tile, vinyl, and carpet flooring
    • New roof in 2023; new HVAC in 2023; parking lot freshly paved in 2022
    • Three commercial storefronts with off‑street parking, plus three residential apartments above
    • Fully occupied with positive cash flow, according to the public remarks
    • Corner property on 0.177 acres with public water and public sewer
    Updated: Apr 22
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    Single-Story Medical Office Building
    $215,000
    1,377 SF
    Single-Story Medical Office Building

    Single-story medical office with a lobby, private offices, and off-street parking for client-friendly access.

    1924 Allentown Road, Lima, OH 45805

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    Classic Brick Commercial Building
    $880,000
    5,300 SF
    Classic Brick Commercial Building

    Versatile office space minutes from downtown, ideal for small businesses.

    1541 Allentown Road, Lima, OH 45805

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    Licensed Cafe and Bar
    $179,900
    5,320 SF
    Licensed Cafe and Bar

    For sale in Lima, Ohio with included equipment, licenses, name, and goodwill plus two parcels and parking.

    501 N Cole Street, Lima, OH 45805

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    Corner Medical Office Building
    $650,000
    4,995 SF
    Corner Medical Office Building

    Converted retail building with back overhead door for receiving and ample power for adaptable medical office use.

    1601 Allentown Road, Lima, OH 45805

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    Turn-Key Restaurant with Liquor License
    $599,000
    2,788 SF
    Turn-Key Restaurant with Liquor License

    Remodeled 2,788 sq. ft. restaurant with brand-new equipment and an in-place liquor license, ready for immediate operation.

    2228 Shawnee Road, Lima, OH 45805

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    I-75 Frontage Commercial Land
    $850,000
    12.50 Acres
    I-75 Frontage Commercial Land

    Vacant commercial land off I-75 with street utilities available for development in Bath Township.

    1919 E Elm Street, Lima, OH 45804

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    Multi-Use Commercial Property
    $795,000
    9,975 SF
    Multi-Use Commercial Property

    Two-parcel commercial property generating annual income, currently serving auto service, barber/beauty, and professional services.

    3600-3602 Elida Road, Lima, OH 45807

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    Commercial Building in Lima, Ohio
    $675,000
    13,000 SF
    Commercial Building in Lima, Ohio

    13,000 sq ft commercial building with paved parking.

    1275 N Cole Street, Lima, OH 45801

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    Medical Office Building with Parking
    $2,999,999
    18,182 SF
    Medical Office Building with Parking

    Well-maintained healthcare facility with suites, exam rooms, reception, ADA access, and ample on-site parking.

    916-920 W Market Street, Lima, OH 45805

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    Lima Mixed-Use Investment Opportunity
    $925,000
    6,912 SF
    Lima Mixed-Use Investment Opportunity

    Five units, including commercial space and apartments, generating income.

    200 N Metcalf Street, Lima, OH 45801

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    Three-Story Retail Building For Sale
    $650,000
    11,700 SF
    Three-Story Retail Building For Sale

    Three-story commercial building with retail space in Lima, Ohio.

    126 W High Street, Lima, OH 45801

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    Commercial Property in Lima, Ohio
    $210,000
    2,100 SF
    Commercial Property in Lima, Ohio

    Commercial property featuring offices, kitchenette, and storage area.

    1007 N Center Street, Lima, OH 45801

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    Commercial Property with Rental Income
    $925,000
    6,379 SF
    Commercial Property with Rental Income

    Mixed-use property with commercial space and apartments, generating rental income.

    608 W High Street, Lima, OH 45801

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    Historical Building in Downtown Lima
    $400,000
    17,196 SF
    Historical Building in Downtown Lima

    Historical commercial building with new kitchen in growing downtown.

    122 W North Street, Lima, OH 45801

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    Medical Office Building
    $325,000
    2,698 SF
    Medical Office Building

    Former dental office with off-street parking in an ample lot behind the building.

    1331 W Market Street, Lima, OH 45805

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    Historic Office Building in Lima
    $400,000
    2,255 SF
    Historic Office Building in Lima

    Remodeled office building with parking near downtown Lima.

    303 E High Street, Lima, OH 45801

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    Vacant Land Near I-75
    $950,000
    1.09 Acres
    Vacant Land Near I-75

    Prime 1.09-acre commercial land with easy highway access.

    695 S Leonard Avenue S, Lima, OH 45804

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    51.14 Acres in Bath District
    $816,000
    51.14 Acres
    51.14 Acres in Bath District

    Large parcel in a sought-after location with endless possibilities.

    N Thayer Road, Lima, OH 45801

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    Productive Farmland in Bath Township
    $681,380
    48.67 Acres
    Productive Farmland in Bath Township

    Nearly 50 acres of farmland in Bath Township, Ohio.

    Stewart Road, Lima, OH 45801

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    Commercial Building in Lima, Ohio
    $464,000
    9,200 SF
    Commercial Building in Lima, Ohio

    9,200 sq ft commercial building with paved parking.

    1255 N Cole Street, Lima, OH 45801

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    Commercial Property in Downtown Lima
    $285,000
    11,624 SF
    Commercial Property in Downtown Lima

    Commercial investment property in downtown Lima with existing lease income.

    502 W High Street, Lima, OH 45801

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    Commercial Land on Eastown Road
    $225,000
    1,296 SF
    Commercial Land on Eastown Road

    Commercial property with B-1 zoning on a busy road.

    2120 N Eastown Road, Lima, OH 45807

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    Lima, OH Commercial Real Estate Investment Opportunities Market Analysis

    Explore 92 commercial real estate for sale in Lima, OH, showcased through 92 active listings on our real estate platform. These investment opportunities span a total of 1,119,256 square feet of properties for sale, with an estimated market value of $55,305,362.

    Sale prices for business properties in Lima, OH start at $70,000, averaging $987,595, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 83K
    Population Growth (5Y) -11.5%
    Median Household Income $60,458
    College Educated 19.7%

    High-Yield Neighborhoods for Investment

    Identify Lima submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    45801 $466.3K
    45804 $632.9K
    45807 $701.8K
    45805 $1M
    45806 $1.6M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allen County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lima fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Lima, OH

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