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138-140 High St Lima, OH 45801

For Sale
$499,900

Prime investment: Office & apartment potential

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional three-story building, located at 138-140 W High Street in the heart of Lima, Ohio, presents a unique investment opportunity. The first two floors comprise tastefully updated office space, fully renovated in 2017, and currently utilized as an attorney's office. This area features two secretary stations, two conference rooms, two kitchenette areas, two bathrooms, and multiple private offices, providing ample space for a variety of professional uses. The building includes a private and gated paved parking lot, offering convenient and secure parking for tenants and visitors. The third floor is currently unfinished, presenting significant potential for development. This space is ideally suited for conversion into an apartment or additional living space, offering the possibility of generating substantial supplemental income. The property is priced at $499,900 and represents a rare chance to acquire a well-maintained, versatile commercial property in a growing downtown area. The existing office space's high-quality renovation and the potential for additional income streams make this a compelling investment prospect. The strategic location in the vibrant downtown core ensures high visibility and accessibility. This property offers a blend of immediate income generation and future expansion possibilities, making it an attractive option for discerning investors seeking a strong return on investment. The private parking lot adds significant value, addressing a common concern in urban settings. Don't miss this opportunity to own a piece of downtown Lima's revitalization.

Property Features for 138-140 High St

General Information

Property type
Office Properties & Spaces

Building Details

Year Built
1920

Property Profile Location Intelligence

Current Use by Public Records

Office Properties & Spaces

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
-84.10648
Latitude
40.74152

FAQs

What type of property is this?
Office Property / Space - Prime investment: Office & apartment potential
Where is this office property / space located?
The property is located at 138-140 High St Lima, OH.
What is the asking price?
The asking price for this property is $499,900.
More about this property
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