126 W High Street, Lima, OH 45801
- Added:
- Mar 6, 2026
- Days on Market:
- 110
- Last Refresh:
- Jun 24 at 2:06 pm
Property Features for 126 W High Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Parking features
- On Street, Parking Lot
- Security features
- Security System
- Standard status
- Active
- APN
- 37-3106-21-013.000
- Size
- 11,700 SF
Taxes and HOA fees
- Tax Description
- PLAT OF THE TOWN OF LIMA LOT 145 E PT & 146 E PT FF 51.86
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Flooring type
- Wood
- Building materials
- Brick
Listing agent Maria Sanko (419) 303-8495
Listing office CCR Realtors 1737 Allentown Road, Lima, OH (419) 222-0555
Listing date Mar 6, 2026
Copyright © 2026 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.
HighLights
- 3‑story building with retail space on the first level
- Brick construction with wood flooring
- Central air cooling
- On‑street and parking lot parking
- Built in 1920
- Served by public water and public sewer
Overview
Located in Lima, Ohio, the building is situated at 126 W High Street (45801). The listing is identified under commercial zoning, supporting a retail-focused setup with an on-site presence across multiple levels. The property’s structure is designed to accommodate street-level retail activity with additional space above.
For tenants or buyers seeking a retail-first location within a multi-story commercial building, this configuration can support businesses that want customer-facing space at grade while utilizing upper levels for related operations. Because the listing specifies that both the business and building are included, prospective buyers should plan to review how the existing operation fits the building layout. For more information and to coordinate access, contact the listing agent during business hours.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.8k | $5.88 |
| − Vacancy | −$2.5k | −$0.21 |
| EGI | $66.3k | $5.67 |
| − OpEx | −$19.9k | −$1.70 |
| NOI | $46.4k | $3.97 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lima
- County
- Allen
- State
- Ohio
- Longitude
- -84.106084
- Latitude
- 40.741602
