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Multi-Story Office Building
For Sale
Contact for pricing
Pending

131-133 N Elizabeth, Lima, OH 45801

Flexible office property with divisible floorplates, private offices, reception space, restrooms, and a full basement.

Property SizeContact for details
Days on Market144

Property Features for 131-133 N Elizabeth

General Information

Standard status Pending
Property subtype Office

Additional Details

Asking Price $895,000
Utilities to Site Yes

Building Details

Year Renovated 1988
Buildings 1
Listing Agency: Superior PLUS Realtors
Listed By: Greg Butcher · License #OH 0000324616
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 4:01AM

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.

This office building offers a multi-level configuration with approximately 5,600 square feet on each floor from the second through fifth levels. The street-level first floor contains approximately 8,600 square feet and can be divided, including a separate ground-level section of approximately 3,000 square feet. Interior features include six offices, a reception area, separate HVAC, multiple restrooms, front and rear exits, and a full basement.

The property is located near the center of town at 131-133 N Elizabeth in Lima, Ohio, within walking distance of the post office, courthouse, convention center, and several restaurants. The building was remodeled in 1988 and is served by city water, city sewer, and public utilities.

Key Highlights

  • Approximately 5,600 square feet per floor on levels two through five
  • Approximately 8,600 square feet at street level, with a divisible section of approximately 3,000 SF
  • Six offices with reception area and separate HVAC

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Dental Office Building Supply Auto Parts Store

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

Yes
Utilities to site

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office property with divisible floorplates, private offices, reception space, restrooms, and a full basement.
Where is this office building located?
The property is located at 131-133 N Elizabeth Lima, OH.
What are key features of this property?
This property features: Approximately 5,600 square feet per floor on levels two through five; Approximately 8,600 square feet at street level, with a divisible section of approximately 3,000 SF; Six offices with reception area and separate HVAC
(419) 222-3040 Call to check price and availability
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