Property Details for 138-140 High St

Year built

1920

Property type

Office properties & Spaces

Description

This exceptional three-story building, located at 138-140 W High Street in the heart of Lima, Ohio, presents a unique investment opportunity. The first two floors comprise tastefully updated office space, fully renovated in 2017, and currently utilized as an attorney's office. This area features two secretary stations, two conference rooms, two kitchenette areas, two bathrooms, and multiple private offices, providing ample space for a variety of professional uses. The building includes a private and gated paved parking lot, offering convenient and secure parking for tenants and visitors. The third floor is currently unfinished, presenting significant potential for development. This space is ideally suited for conversion into an apartment or additional living space, offering the possibility of generating substantial supplemental income. The property is priced at $499,900 and represents a rare chance to acquire a well-maintained, versatile commercial property in a growing downtown area. The existing office space's high-quality renovation and the potential for additional income streams make this a compelling investment prospect. The strategic location in the vibrant downtown core ensures high visibility and accessibility. This property offers a blend of immediate income generation and future expansion possibilities, making it an attractive option for discerning investors seeking a strong return on investment. The private parking lot adds significant value, addressing a common concern in urban settings. Don't miss this opportunity to own a piece of downtown Lima's revitalization.

Location Insight

City

Lima

County

Allen

State

Ohio

Longitude

-84.1065

Latitude

40.7415