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    1255 Cole St N Lima, OH 45801

    For Sale
    $464,000

    COMMERCIAL - Lima, OH

    Property size:
    9,200 SF
    Days on Market:
    317
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 1255 Cole St N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    36-2608-01-002.001
    Interior features
    Overhead Door
    Size
    9,200 SF

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1963
    Floors in Building
    1

    Azzarellos Realty (419) 991-3322 [email protected]

    Listing agent Linda Stukey (419) 236-1809

    Listing date Jan 29, 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

    Commercial Building in Lima, Ohio

    This is an approximately 9,200 square foot commercial building located in Lima, Ohio. The property features a paved parking lot and has undergone some updates. The building is for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fuller Group Insurance Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lima
    County
    Allen
    State
    Ohio
    Longitude
    -84.128199
    Latitude
    40.75414

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    FAQs

    What type of property is this?
    Specialty property - Approximately 9,200 sq ft commercial building for sale.
    Where is this specialty property located?
    The property is located at 1255 Cole St N Lima, OH.
    What is the asking price?
    The asking price for this property is $464,000.
    What are key features of this property?
    This property features: - Prime Location; - Large Building: Approx. 9,200 sq. ft.; - Paved Parking Lot
    (419) 236-1809
    Request Owner's contact information
    1255 Cole St N 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
    1255 Cole St N Lima, OH 45801
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