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Versatile Warehouse with Overhead Crane

375 Forest Avenue North Lima, OH 44452

375 Forest Avenue, North Lima, OH, 44452

$175,000

For Sale

$175,000

Commercial Sale, Other - North Lima, OH

Property Size840 SF

Lot Size0.24 Acres

Price / SF$208.33

AddedMar 30

Days on Market109

Last RefreshJul 16 at 5:06 am

Property Features for 375 Forest Avenue

General Information

Property type: Commercial Sale
Property subtype: Other
Standard status: Active
Size: 840 SF
Lot size: 0.24 Acres

Building Details

Year built: 1955
Architectural style: Other

Listing agent Dan Dull License #BRKP.2006000965,PersonLicenseNumber

Listing office NextHome GO30 Realty 8433 South Avenue, 1-4, OH

Listing date Mar 30, 2026

MLS# 5197484 Listing URL

Investment Insights

Based on property information with market context.

This 840 sq ft warehouse is located in Beaver Township on approximately ¼ acre. The property is suitable for contractors, landscapers, hobbyists, or car enthusiasts. It features elevated ceilings, a 14-foot overhead door, and an overhead crane. A mezzanine-level office provides workspace. Gas heat and electricity are available. The exterior includes a fenced-in rear area and a private well. The property is suitable for a variety of business or personal uses.

Key Highlights

840 sq ft warehouse on approximately ¼ acre in desirable Beaver Township.
14‑foot overhead door and overhead crane for equipment handling and accessibility.
Mezzanine‑level office space for workspace or administrative use.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$13.4k	$15.96
− Vacancy	−$2.7k	−$3.19
EGI	$10.7k	$12.77
− OpEx	−$2.7k	−$3.19
NOI	$8.0k	$9.58

840 SF · lease $15.96/SF/yr · vacancy 20.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$114.9K

$100.6K – $134.1K (±1% cap)

NOI $8,044 @ 7.0% cap · market cap 4.60%

Second Best

Warehouse

$59.9K

$52.4K – $69.9K (±1% cap)

NOI $4,191 @ 7.0% cap · market cap 2.39%

Theoretical Best

Office A

$158.5K

$138.7K – $184.9K (±1% cap)

NOI $11,096 @ 7.0% cap · market cap 6.34%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

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For sale
Warehouses
OH
North Lima
44452
375 Forest Avenue

What type of property is this?

Warehouse - Functional warehouse on approximately ¼ acre in Beaver Township.

Where is this warehouse located?

The property is located at 375 Forest Avenue North Lima, OH.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: 840 sq ft warehouse on approximately ¼ acre in desirable Beaver Township.; **14‑foot overhead door and overhead crane** for equipment handling and accessibility.; Mezzanine‑level office space for workspace or administrative use.