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Warehouse with Rear Parking
For Sale
$350,000

123 E Wayne Street, Lima, OH 45801

COMMERCIAL - Lima, OH

Property Size47,528 SF
Lot Size0.29 Acres
Price / SF$7.36
Days on Market332

Property Features for 123 E Wayne Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Standard status Active
APN 37-3106-05-003.000
Size 47,528 SF
Lot size 0.29 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1916
Listing Agency: CCR Realtors · Real Living
Listed By: Tug Taviano
Added: Sep 12, 2025 Changed: Aug 4 Last Checked: Aug 9 at 6:06PM
MLS# 308231

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 warehouse property provides 47,528 square feet of flexible space designed to accommodate a wide range of uses. Set on 0.291 acres, the building includes convenient rear parking and is described as having a solid structure and generous footprint.

Located at 123 E Wayne Street in Lima, Ohio 45801, the property is identified with Commercial zoning and is offered for sale in Allen County.

The listing highlights the scale and layout as supporting redevelopment, investment, or adaptive reuse projects, including industrial, storage, or creative conversion concepts.

Key Highlights

  • Expansive warehouse with 47,500+ SF of flexible space
  • On .291 acres with rear parking for convenient access
  • Built in 1916 with a solid warehouse structure

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Spa & Massage Center Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

978
Businesses Nearby
Under-served
Demand for This Use

Demographics for 45801, OH

22,819
Population
9,351
Households
2.4
Avg Household Size
38
Median Age
12%
College-Educated
90%
High-School Grad
45.7 sq mi
ZIP Area
499
Density / Sq Mi
$47,442
Median Household Income
$33,224
Median Earnings
$865
Median Rent
$111,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Expansive warehouse with convenient rear parking, offering flexible space on 0.291 acres in Allen County.
Where is this flex space located?
The property is located at 123 E Wayne Street Lima, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Expansive warehouse with 47,500+ SF of flexible space; On .291 acres with rear parking for convenient access; Built in 1916 with a solid warehouse structure
More about this property
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