Mixed-Use Property with Banquet
New
For Sale
Contact for pricing
506 N CABLE RD, Lima, OH 45805
Office and event space occupy the first floor, with a separate apartment and additional offices upstairs.
Property SizeContact for details
Days on Market7
Property Features for 506 N CABLE RD
General Information
Standard status
Active
Property subtype
Retail, Multifamily, Mixed Use
Units
Unit Mix
1 x 1BR/2BA
Multifamily Units
1
Building Details
Stories
2
Listing Agency:
Superior PLUS Realtors
Listed By:
Greg Butcher · License #OH 0000324616
(419) 222-3040
Source:
Crexi
Added: Sep 4
Changed: Sep 9
Last Checked: Sep 9 at 4:18PM
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 two-story mixed-use property combines office, event, storage, and residential space. The first floor includes 2 offices, 1 conference room, 2 large banquet halls, 1 reception area, 1 large storeroom, and 3 bathrooms, including 1 with wheelchair accessibility. The second floor contains a 1-bedroom, 2-bath apartment, along with 2 large storerooms, 2 offices, and 1 separate bathroom.
A large parking lot supports the building’s multiple-use configuration. The property is located at 506 N Cable Rd in Lima, Ohio.
A large parking lot supports the building’s multiple-use configuration. The property is located at 506 N Cable Rd in Lima, Ohio.
Key Highlights
- 2 large banquet halls and 1 reception area on the first floor
- First floor includes 2 offices and 1 conference room
- 1‑bedroom, 2‑bath apartment on the second floor
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Office and event space occupy the first floor, with a separate apartment and additional offices upstairs.
Where is this mixed-use property located?
The property is located at 506 N CABLE RD Lima, OH.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 2 large banquet halls and 1 reception area on the first floor; First floor includes 2 offices and 1 conference room; 1‑bedroom, 2‑bath apartment on the second floor
