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Bar and Cafe Building
For Sale
$179,900

501 N Cole Street, Lima, OH 45805

COMMERCIAL - Lima, OH

Property Size5,320 SF
Price / SF$33.82
Days on Market92

Property Features for 501 N Cole Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B1
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking features Parking Lot, Off Street
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 · Real Living
Listed By: Joseph Guagenti · License #423909
Added: Jun 5 Changed: Aug 4 Last Checked: Sep 4 at 12:06PM
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.

For sale: a B1-zoned bar and cafe building at 501 N Cole Street, Lima, OH 45805. The property totals 5,320 square feet and includes two parcels in the sale, along with an associated parking lot. The building is constructed with brick veneer and frame materials and was built in 1920.

The space is serviced by public water and public sewer. Comfort systems include forced-air heating and central air, and the roof is asphalt. Parking is available off street with a parking lot configuration.

The listing also notes an additional side of the building available for expansion, described as the same size as the bar area, plus existing bathroom facilities (Bathroom 1 and Bathroom 2).

Key Highlights

  • B1 zoning for this bar and cafe building in Lima
  • 2 parcels included in the sale, plus a parking lot
  • 5,320 square feet with an additional side of the building for potential growth

Property Analytics

Current Use

Delite Cafe Bar & Pub

Suggested Use

Top Pick Real Estate Agency Restaurant Electrical Service Hair Salon Computer & Electronic Repair (Bike/Boat/Book/etc) 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

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

1,010
Businesses Nearby
26k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Dining 42%
Lee's Famous Recipe Chicken Dining
10,839 visits/mo 0.3 miles
Marathon Shops & Services
7,354 visits/mo 0.2 miles
Dollar General Shops & Services
6,120 visits/mo 0.2 miles
Advance Auto Parts Shops & Services
1,663 visits/mo 0.2 miles

Demographics for 45805, OH

22,740
Population
10,560
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
14.6 sq mi
ZIP Area
1,558
Density / Sq Mi
$65,954
Median Household Income
$37,126
Median Earnings
$944
Median Rent
$153,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Bar & Pub - B1-zoned bar and cafe building with off-street parking, forced-air heating, and central air on public water and sewer.
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: B1 zoning for this bar and cafe building in Lima; 2 parcels included in the sale, plus a parking lot; 5,320 square feet with an additional side of the building for potential growth
More about this property
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