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Industrial Warehouse Complex
New
For Sale
$339,000

435 N Elizabeth Street, Lima, OH 45801

Commercial Sale, Lima, OH

Property Size47,000 SF
Price / SF$7.21
Days on Market3

Property Features for 435 N Elizabeth Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning I
Parking features Parking Lot
Fencing Fenced
Standard status Active
APN 37-3011-06-011.000
Size 47,000 SF

Taxes and HOA fees

Tax Description RICHMONDS COLLET LIPSETS & OBRIENS ADDITION LOTS 1261 THRU 1265 & 1/2 VAC ALLEYS
Tax Annual Amount 2400
Legal Description RICHMONDS COLLET LIPSETS & OBRIENS ADDITION LOTS 1261 THRU 1265 & 1/2 VAC ALLEYS

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1920
Floors in Building 3
Building materials Brick Veneer, Metal Siding, Steel Frame, Steel Siding
Listing Agency: CCR Realtors · Real Living
Listed By: Joseph Guagenti · License #423909
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 5:06PM
MLS# 311581

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.

This industrial warehouse property at 435 N Elizabeth Street in Lima, Ohio, contains approximately 47,000 square feet across storage and warehouse buildings, including basement area. The improvements date to 1920 and were remodeled in 1947, with brick veneer, metal siding, and steel-frame construction. Interior clearances range from 10 to 12 feet, and a freight elevator supports movement between levels.

The property includes two loading docks, a parking lot, and perimeter fencing. The roofs on two front buildings are newer. Public water and public sewer serve the site, while the currently active utility is electric. The property is zoned I and includes both warehouse and storage improvements.

Key Highlights

  • Approximately 47,000 square feet, including basement area
  • Two loading docks and a freight elevator
  • 10‑12 foot ceiling heights

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Dental Office

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

2
Dock-high doors

Location Intelligence

Trade Area within ½ mile

1,588
Businesses Nearby
Balanced
Demand for This Use

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
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • AmeriTrans Moving Co. 3021 Cletus Pkwy, Lima, OH 45805
  • Grand Garages & Storages Sheds N Washington St, Lima, OH 45801
  • T & L Storage 216 Flanders Ave, Lima, OH 45801
  • Allied Van Lines 245 E Murphy St Suite 100, Lima, OH 45801

Frequently Asked Questions

What type of property is this?
Warehouse - Fenced warehouse property with loading docks, parking, and a freight elevator.
Where is this warehouse located?
The property is located at 435 N Elizabeth Street Lima, OH.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Approximately 47,000 square feet, including basement area; Two loading docks and a freight elevator; 10‑12 foot ceiling heights
More about this property
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