Restaurant Property with Central
For Sale
$199,000
1250 N Cole Street, Lima, OH 45801
COMMERCIAL - Lima, OH
Property Size2,600 SF
Price / SF$76.54
Days on Market48
Property Features for 1250 N Cole Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B1
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Garage
Standard status
Active
APN
36-2507-06-009.000 & 36-2507-06-008.000
Size
2,600 SF
Taxes and HOA fees
Tax Description
HOMEWOOD SUB DIVISION LOT 6565 & 1/2 VAC ALLEY & 6566 & 6567 & 1/2 VAC ALLEY FF 84.00
Legal Description
HOMEWOOD SUB DIVISION LOT 6565 & 1/2 VAC ALLEY & 6566 & 6567 & 1/2 VAC ALLEY FF 84.00
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1970
Floors in Building
1
Building materials
Frame
Roof type
Asphalt
Listing Agency:
CCR Realtors · Real Living
(419) 222-0555
Listed By:
Joseph Guagenti · License #423909
(419) 230-5050
Added: Jul 8
Changed: Aug 4
Last Checked: Aug 24 at 1:06AM
MLS# 310777
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.
Restaurant property zoned B1 at 1250 N Cole Street, Lima. The building is frame construction with an asphalt roof and is served by forced-air heating and central air conditioning. Public water and public sewer are available, and the property includes garage parking. The site is listed as a 2,600 SF restaurant building, built in 1970.
The property includes two addresses/units reflected in the current setup: 1250 is currently leased month to month, and possession is to be negotiated with an accepted offer. 1270 is vacant and was formerly a used car lot and detail shop.
This combination of occupied restaurant space plus a vacant second address may be useful for buyers seeking flexible near-term occupancy while planning for the next use of the vacant space.
The property includes two addresses/units reflected in the current setup: 1250 is currently leased month to month, and possession is to be negotiated with an accepted offer. 1270 is vacant and was formerly a used car lot and detail shop.
This combination of occupied restaurant space plus a vacant second address may be useful for buyers seeking flexible near-term occupancy while planning for the next use of the vacant space.
Key Highlights
- 2,600 SF restaurant building on B1 zoning
- 1250 N Cole Street leased month to month; possession to be negotiated
- 1270 N Cole Street is vacant; formerly used car lot and detail shop
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Groceries 7%
Dining 5%
Circle K
Shops & Services
11,817 visits/mo
0.4 miles
Speedway
Shops & Services
7,480 visits/mo
0.1 miles
Family Dollar
Shops & Services
4,973 visits/mo
0.4 miles
Save-A-Lot
Groceries
2,075 visits/mo
0.3 miles
Domino's Pizza
Dining
1,486 visits/mo
0.3 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space on B1 zoning with central air, forced-air heat, public water and sewer, and garage parking.
Where is this conventional restaurant located?
The property is located at 1250 N Cole Street Lima, OH.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 2,600 SF restaurant building on B1 zoning; 1250 N Cole Street leased month to month; possession to be negotiated; 1270 N Cole Street is vacant; formerly used car lot and detail shop
