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Mixed-Use Property with Deli
New
For Sale
$799,000

124 N Main Street, Lima, OH 45801

The offering includes an updated restaurant and multiple spaces.

Property SizeContact for details
Days on Market2

Property Features for 124 N Main Street

General Information

Standard status Active
Zoning Other

Taxes and HOA fees

Annual Taxes $1,644

Building Details

Year Built 1929
Buildings 1
Stories 2
Listed By: Straley Realty & Auctioneers, Inc.
Source: Straleyrealty.idxbroker
Added: Sep 11 Last Checked: Sep 12 at 3:47AM

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 Straley Realty & Auctioneers, Inc.

Investment Insights

Based on property information with market context.

Located at 124 N Main Street on Lima’s Public Square, this mixed-use property includes the Joey’s Deli operation and multiple spaces within a downtown building constructed in 1929. The deli was updated and reopened in July, adding a current restaurant component to the offering.

The configuration is described as suitable for retail or restaurant concepts, with potential for residential housing, office use, or a combination of uses. The property carries an “Other” zoning designation and is positioned within downtown Lima’s Public Square.

Key Highlights

  • Joey’s Deli operation included in the offering
  • Updated restaurant space reopened in July
  • Multiple spaces allow for varied configurations

Property Analytics

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Current Use

Joey's Italian Deli ... Restaurant

Suggested Use

Top Pick Real Estate Agency Computer & Electronic Repair (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery Electrical Service

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

264
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 55% Shops & Services 34% Dining 5% Electronics 5%
Wagner's IGA Groceries
14,245 visits/mo 0.3 miles
Marathon Petroleum Shops & Services
6,543 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
1,590 visits/mo 0.3 miles
Marco's Pizza Dining
1,374 visits/mo 0.4 miles
Verizon Electronics
1,313 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The offering includes an updated restaurant and multiple spaces.
Where is this mixed-use property located?
The property is located at 124 N Main Street Lima, OH.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Joey’s Deli operation included in the offering; Updated restaurant space reopened in July; Multiple spaces allow for varied configurations
More about this property
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