126 West High Street, Lima, OH 45801
Three-story structure offering retail space on the first level, with business and building included in the sale.
- Added:
- Jun 15, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 20 at 7:40 am
Property Features for 126 West High Street
General Information
- Standard status
- Active
- Size
- 11,700 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1920
Listing office CCR , Realtors
Listing date Jun 15, 2026
Source Crexi
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 CCR , Realtors
HighLights
- Year built: 1920
- 3‑story building with retail space on the first level
- Business and the building are included in the sale
- Showings available during business hours—contact the listing agent for details
Overview
Located at 126 West High Street in Lima, Ohio (45801), the property’s first-floor retail component is supported by the building’s overall three-story configuration. Prospective buyers should coordinate directly with the listing agent to confirm layout specifics and any operational details relevant to the business currently on site.
For buyers seeking an owner-occupied retail scenario or an acquisition that pairs the commercial real estate with the operating business, the first-level retail space within a three-story structure can support a straightforward transition at the property. Because the listing notes that the business is included, interested parties may view this as a practical option when evaluating both real estate ownership and continuity of operations. Contact the listing agent to discuss the business details and schedule a showing during business hours.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.8k | $5.88 |
| − Vacancy | −$2.5k | −$0.21 |
| EGI | $66.3k | $5.67 |
| − OpEx | −$19.9k | −$1.70 |
| NOI | $46.4k | $3.97 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lima
- County
- Allen
- State
- Ohio
- Longitude
- -84.1061466
- Latitude
- 40.7414851
