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Restaurant and Bar with Expansion Space

501 N Cole Street Lima, OH 45805

501 N Cole Street, Lima, OH, 45805
$179,900
For Sale
$179,900

COMMERCIAL - Lima, OH

Property Size5,320 SF
Price / SF$33.82
Days on Market47

Property Features for 501 N Cole Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
B1
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Off Street, Parking Lot
Standard status
Active
APN
36-2612-15-018.000 & 36-2612-15-017.000
Size
5,320 SF

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1920
Floors in Building
2
Building materials
Brick Veneer, Frame
Roof type
Asphalt
Listing agency CCR Realtors
Listed by Joseph Guagenti
Added: Jun 5 Updated: Jun 10 at 2:39PM Checked: Jul 21 at 5:06PM
MLS# 310471

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.

The Delight Cafe is being offered for sale as a combined restaurant and bar operation, with newer bar stools, and additional games and bar items noted in the seller’s remarks. The offering includes the real estate, equipment, licenses, name, and goodwill. The sale includes two parcels: a main parcel and an included parking lot. The building also has a whole other side available to grow into, described as the same size as the bar area.

The property is located at 501 N Cole Street in Lima, Ohio 45805, within Allen County. The listing is under zoning B1.

This configuration can fit an operator looking for a turnkey restaurant/bar business with an on-site area that may be repurposed or expanded. The inclusion of both real estate and business components may appeal to buyers who want to take over operations while also retaining the option to develop the additional building side within the same overall footprint.

Key Highlights

  • Delight Cafe includes the real estate, equipment, licenses, name, and goodwill in the sale price
  • 2 parcels included, including the main parcel and a parking lot
  • Building built in 1920 with brick veneer and frame construction

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Delite Cafe Bar & Pub

Suggested Use

Real Estate Agency Restaurant Electrical Service Hair Salon Computer & Electronic Repair (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop Bakery (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Vinnie's Drive-Thru — 858 W North St, Lima, OH 45801
  • Mulligans — 702 W North St, Lima, OH 45801
  • Pappy's Lounge — 1000 W North St, Lima, OH 45805
  • Starbucks — 730 W Market St, Lima, OH 45801
  • Delite Cafe — 501 N Cole St, Lima, OH 45805

FAQs

What type of property is this?
Bar & Pub - For sale restaurant and bar offering included real estate, equipment, and an additional building side for growth.
Where is this bar & pub located?
The property is located at 501 N Cole Street Lima, OH.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Delight Cafe includes the real estate, equipment, licenses, name, and goodwill in the sale price; 2 parcels included, including the main parcel and a parking lot; Building built in 1920 with brick veneer and frame construction
Contact an agent
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