ADA Accessible Retail
2470 N Eastown Road Lima, OH 45805
2470 N Eastown Road, Lima, OH, 45805
$249,000
For Sale
$249,000
COMMERCIAL - Lima, OH
Property Size2,030 SF
Price / SF$122.66
Days on Market178
Property Features for 2470 N Eastown Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- B2
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Off Street
- Standard status
- Active
- APN
- 36-2202-02-017.000
- Size
- 2,030 SF
Taxes and HOA fees
- Tax Description
- PT NW1/4-.02 AC CO RD EASE RTS 06-03-22
- Tax Annual Amount
- 1332
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 1
- Building materials
- Frame
- Roof type
- Asphalt
Listing agency
CCR Realtors
(419) 222-0555
Listed by
Joseph Guagenti · License #423909
(419) 230-5050
Added: Jan 26 Updated: Jun 26 at 4:08PM Checked: Jul 23 at 2:06AM
MLS# 309295
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.
This vacant retail storefront property is offered for sale with a current commercial occupancy permit and ADA accessibility. The building is being sold as a commercial property, and the stated square footage includes a garage. The seller also notes that a new roof is scheduled to be installed sometime in July 2026, and the property is zoned B2.
Located at 2470 N Eastown Road in Lima, Ohio (45805), the site is described as being positioned between Meijer’s and Lowe’s. The public remarks also indicate the property benefits from significant traffic.
With ADA accessibility and an existing occupancy permit already in place, the property may fit retail or other customer-facing service concepts that want a straightforward commercial storefront setting. The B2 zoning can support a range of uses, making this a practical option for an operator or buyer looking for a ready-to-launch space that is currently vacant and planned for a roof update.
Located at 2470 N Eastown Road in Lima, Ohio (45805), the site is described as being positioned between Meijer’s and Lowe’s. The public remarks also indicate the property benefits from significant traffic.
With ADA accessibility and an existing occupancy permit already in place, the property may fit retail or other customer-facing service concepts that want a straightforward commercial storefront setting. The B2 zoning can support a range of uses, making this a practical option for an operator or buyer looking for a ready-to-launch space that is currently vacant and planned for a roof update.
Key Highlights
- Commercial property with an existing commercial occupancy permit
- ADA accessible
- New roof to be installed in July 2026
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 | $11.9k | $5.88 |
| − Vacancy | −$427 | −$0.21 |
| EGI | $11.5k | $5.67 |
| − OpEx | −$3.5k | −$1.70 |
| NOI | $8.1k | $3.97 |
2,030 SF · lease $5.88/SF/yr · vacancy 3.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$115.1K
$100.7K – $134.3K
NOI $8,056 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$489.0K
$427.8K – $570.5K
NOI $34,227 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chakra Studio
Spiritual Center
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Vacant, ADA-accessible retail storefront with current occupancy permit and scheduled roof replacement.
Where is this retail space located?
The property is located at 2470 N Eastown Road Lima, OH.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Commercial property with an existing commercial occupancy permit; ADA accessible; New roof to be installed in July 2026
