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Historic Lima Office Building
For Lease
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205 W Market St, Lima, OH 45801

Historic building with modern infrastructure in the heart of Lima.

Space SizeContact for details
Property Size32,760 SF
Days on Market1238

Property Features for 205 W Market St

General Information

Standard status Active
Size 32,760 SF
Class A
Total Parking Spaces 16
Property subtype Office, Retail
Lease Type Modified Gross

Building Details

Building Size 32,760 SF
Year Built 1920
Tenancy Multiple

Spaces For Lease

at 205 W Market St Contact us

Building

Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Superior PLUS Realtors
Listed By: Tim Stanford · License #BRKP.0000331263-Ohio
Source: Crexi
Added: Mar 24, 2023 Changed: Aug 11 Last Checked: Aug 11 at 2:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Superior PLUS Realtors

Investment Insights

Based on property information with market context.

The Enterprise Building, formerly known as the First Lima Building, is a historic structure with a concrete frame. It was repurposed into a modern office space in the late 1990s. The property features state-of-the-art HVAC and electrical systems, thermal windows, and fire safety features. The open floor plan allows for customization. Situated in the heart of Lima, the property benefits from visibility and access to major roadways. It presents an investment opportunity for those seeking a historic property.

Key Highlights

  • Prime Location: Excellent visibility and easy access to major roadways in the heart of Lima.
  • Adaptable Space: Open floor plan offers endless possibilities for customization.
  • Modern Infrastructure: Features state‑of‑the‑art HVAC and electrical systems, thermal windows, and fire safety features.

Property Analytics

Current Use

Lima News Publishing House Tammera Ayers, LSW Counselor Susan J. Harrod, ... Counselor Deb M. Dyer, ... Foster Care Service Elizabeth Aspinwall Foster Care Service

Suggested Use

Top Pick Real Estate Agency Electrical Service Pharmacy Daycare Center Bakery Building Supply

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

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,607
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Historic building with modern infrastructure in the heart of Lima.
Where is this office building located?
The property is located at 205 W Market St Lima, OH.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prime Location: Excellent visibility and easy access to major roadways in the heart of Lima.; Adaptable Space: Open floor plan offers endless possibilities for customization.; Modern Infrastructure: Features state‑of‑the‑art HVAC and electrical systems, thermal windows, and fire safety features.
(419) 230-2421 Call to check price and availability
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