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Commercial Property in Downtown Lima

502 W High Street Lima, OH 45801

Picture of Retail space at 502 W High Street, Lima, OH

502 W High Street, Lima, OH, 45801

$285,000

For Sale

$285,000

COMMERCIAL - Lima, OH

Property Size11,624 SF

Price / SF$24.52

AddedJan 7

Days on Market190

Last RefreshJul 16 at 8:06 am

Property Features for 502 W High Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: Commercial
Parking features: Parking Lot
Standard status: Active
APN: 36-3605-15-011.000
Size: 11,624 SF

Taxes and HOA fees

Tax Annual Amount: 3128

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas, Forced Air
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1940
Floors in Building: 1

Listing agent Gregory Stolly

Listing office CCR Realtors 1737 Allentown Road, Lima, OH

Listing date Jan 7, 2026

MLS# 309160

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 commercial property, located in downtown Lima, Ohio, offers 11,624 square feet of space. The property is zoned for commercial use and presents an investment opportunity with half of the building currently leased through December 2028, generating a monthly rental income of $2,500.00.

Key Highlights

Commercial investment property in downtown Lima.
Existing lease in place through December 2028 providing immediate income.
Current monthly rental income of $2,500.00.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Painters Supply & Equipment ... Hardware & Home Improvement

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For sale
Retail space
OH
Lima
45801
502 W High Street

What type of property is this?

Retail space - Commercial investment property in downtown Lima with existing lease income.

Where is this retail space located?

The property is located at 502 W High Street Lima, OH.

What is the asking price?

The asking price for this property is $285,000.

What are key features of this property?

This property features: Commercial investment property in downtown Lima.; Existing lease in place through December 2028 providing immediate income.; Current monthly rental income of $2,500.00.

502 W High Street Lima, OH 45801

COMMERCIAL - Lima, OH

Property Features for 502 W High Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Retail Showroom and Shop Building

Industrial Building with 3 Docks

Prime Lima Commercial Investment Opportunity

Single-Story Medical Office Building

Restaurant and Bar with Expansion Space

Classic Brick Commercial Building

Retail Showroom and Warehouse

Corner Medical Office Building

Corner Retail Building with Apartment

COMMERCIAL - Lima, OH

Restaurant Building and Auto Shop

Turn-Key Restaurant with Equipment

FAQs