2228 Shawnee Road Lima, OH 45805
COMMERCIAL - Lima, OH
Property Features for 2228 Shawnee Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 45-1004-02-002.000
- Size
- 2,788 SF
Taxes and HOA fees
- Tax Description
- PT SE 1/4 RTS 06-04-10
- Tax Annual Amount
- 5747
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1971
- Floors in Building
- 1
Listing agent Gregory Stolly (419) 302-1890
Listing office CCR Realtors 1737 Allentown Road, Lima, OH (419) 222-0555
Listing date Jan 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.
Investment Insights
Based on property information with market context.
The property is located at 2228 Shawnee Road in Lima, Ohio (Allen County). The listing is identified under commercial zoning.
For a buyer seeking a ready-to-operate restaurant concept, this configuration is straightforward: dining and kitchen spaces are already in place, and the complete equipment package is included as described. The combination of recent remodel work and an in-place liquor license may reduce time and effort associated with preparing the space for service.
Key Highlights
- 2,788 SF restaurant remodeled in 2021 with new kitchen and dining area interior
- Fully equipped with kitchen, dining, and restaurant equipment purchased brand new
- New roof and total interior remodel completed in 2021
Local Financial Insights For Specialty 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 | $52.9k | $18.96 |
| − Vacancy | −$2.4k | −$0.85 |
| EGI | $50.5k | $18.11 |
| − OpEx | −$12.6k | −$4.53 |
| NOI | $37.9k | $13.58 |
