447&449 Main St Lima, OH 45801

Property Details for 0 447&449 Main St

Year built

1920

Lot size

0.06 lot acres

Property size

2,656 SF

Property type

Commercial real estate

Description

This exceptional business opportunity in Lima, Ohio, presents a fee-simple ownership of a two-story, Class B building at 447&449 Main Street, encompassing 2,656 square feet on a 0.061-acre lot. Built in 1920, the property includes one unit and features newer windows, an updated bathroom, a gas furnace, and a refrigerator. The sale includes a substantial adjacent parking lot (Lot #817, 0.241 acres), significantly enhancing the property's value and utility. The building boasts a capacity of 51 and includes an apartment above the bar area, complete with kitchen and living room. Recent upgrades include a new 2022 air conditioning unit, a new 2022 compressor for the walk-in cooler, and a small office equipped with a security monitor. An attached enclosed wood shed and a wood stove (inspected in 2022) are also included. A detailed equipment list is available online. The asking price is $350,000. Property taxes for the first half of the year are $264.34, which includes a $129.01 stormwater assessment and a $2.00 Ottawa River Ditch Maintenance fee. This turnkey operation offers a rare blend of established business and significant real estate potential in a desirable uptown Lima location.

Location Insight

City

Lima

County

Allen

State

Ohio

Longitude

-84.0802

Latitude

40.7869