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    123 E Wayne St Lima, OH 45801

    For Sale
    $450,000

    COMMERCIAL - Lima, OH

    Property size:
    47,528 SF
    Days on Market:
    52
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 123 E Wayne St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    37-3106-05-003.000
    Size
    47,528 SF

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1916

    CCR Real Estate LLC (419) 371-3085 [email protected]

    Listing agent Tug Taviano (419) 236-3107

    Listing date Oct 15, 2025

    Copyright © 2025 West Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Warehouse in Lima, Ohio

    This expansive warehouse, located in Lima, Ohio, offers over 47,500 sq. ft. of flexible commercial space on .291 acres. The property features convenient rear parking. The solid structure and generous footprint present a unique opportunity for redevelopment, investment, or adaptive reuse projects. This building is suitable for a wide range of uses, including industrial and storage purposes, or a creative conversion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Grand Garages & Storages Sheds, T & L Storage, AmeriTrans Moving Co., Allied Van Lines

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.104001
    Latitude
    40.744329

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    FAQs

    What type of property is this?
    Warehouse - 47,500+ sq ft warehouse on .291 acres with rear parking.
    Where is this warehouse located?
    The property is located at 123 E Wayne St Lima, OH.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Expansive 47,500+ sq. ft. of flexible space.; - Suitable for redevelopment, investment, or adaptive reuse.; - Convenient rear parking.
    (419) 236-3107
    Request Owner's contact information
    123 E Wayne St Lima, OH 45801
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    Lima, OH 45801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 E Wayne St Lima, OH 45801
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