Repurposed Lima Office
For Sale
Contact for pricing
205 W Market St, Lima, OH 45801
Modernized office building with updated systems and concrete frame.
Property Size32,670 SF
Price / SF$90.30
Days on Market1235
Property Features for 205 W Market St
General Information
Standard status
Active
Size
32,670 SF
Class
A
Property subtype
Office
Zoning
Offfice/Retail
Building Details
Year Built
1920
Year Renovated
1999
Buildings
1
Stories
5
Units
10
Listing Agency:
Superior PLUS Realtors
(419) 230-2421
Listed By:
Tim Stanford · License #BRKP.0000331263-Ohio
Source:
Crexi
Added: Mar 24, 2023
Changed: Aug 8
Last Checked: Aug 8 at 4:31AM
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.
The Enterprise Building, formerly known as The First Lima Building, features a concrete frame structure. In the late 1990s, the building underwent repurposing, which included the removal of all inner walls, mechanical, electrical, flooring, and windows. Subsequently, new modern HVAC and electrical systems, thermal windows, walls, fire escapes, and electronic monitoring and control options were installed in accordance with modern codes. The building was repurposed as a modern and safe office building. The property has a size of 32670 square feet.
Key Highlights
- Modern HVAC and Electrical Systems: Enjoy the benefits of updated, efficient systems.
- Repurposed as a Modern Office Building: Transformed in the late 1990s to meet contemporary office needs.
- Rock‑Solid Concrete Frame Structure: Durable and robust construction ensures longevity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Modernized office building with updated systems and concrete frame.
Where is this office building located?
The property is located at 205 W Market St Lima, OH.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Modern HVAC and Electrical Systems: Enjoy the benefits of updated, efficient systems.; Repurposed as a Modern Office Building: Transformed in the late 1990s to meet contemporary office needs.; Rock‑Solid Concrete Frame Structure: Durable and robust construction ensures longevity.
