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Multi-Tenant Strip Mall
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924 E Elm St., Lima, OH 45805

A multi-address retail property sits on a roundabout near central Lima, with access just a few blocks from I-75.

Space Size1,500 SF - 5,839 SF
Property Size7,306 SF
Days on Market2

Property Features for 924 E Elm St.

General Information

Standard status Active
Size 1,500 SF - 5,839 SF
Property subtype Retail - Strip

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 7,306 SF
Units 2

Spaces For Lease

at 924 E Elm St.
B Immediate
Size 1,500-5,839 SF
Type Retail
Rate Contact for pricing
Lease Type NNN
Sublease No
Renewal Option Yes
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Listing Agency: Legacy Commercial Property
Listed By: Jason Yuhasz
Source: Commercialcafe
Added: Oct 4 Last Checked: Oct 4 at 1:55PM

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 Legacy Commercial Property

Investment Insights

Based on property information with market context.

This strip mall at 924 E. Elm St. comprises multiple addresses and occupies a roundabout near the center of Lima. Its position provides access from the roundabout, with I-75 a few blocks away.

The surrounding trade area includes Walmart, Meijer, ALDI, and Menards, along with healthcare, education, and employment activity in the broader Lima market.

Key Highlights

  • Multiple addresses within a single retail property
  • Positioned on a roundabout near central Lima
  • A few blocks from I‑75

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

650
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 84% Shops & Services 16%
Lee's Famous Recipe Chicken Dining
10,240 visits/mo 0.2 miles
Little Caesars Pizza Dining
3,427 visits/mo 0.1 miles
AutoZone Shops & Services
2,375 visits/mo 0.3 miles
Pizza Hut Dining
1,220 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
566 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - A multi-address retail property sits on a roundabout near central Lima, with access just a few blocks from I-75.
Where is this strip mall located?
The property is located at 924 E Elm St. Lima, OH.
What are key features of this property?
This property features: Multiple addresses within a single retail property; Positioned on a roundabout near central Lima; A few blocks from I‑75
More about this property
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