4181-4191 Elida Rd Lima, OH 45807

Property Details for 4181-4191 Elida Rd

Year built

1956

Property type

Commercial real estate

Description

This exceptional 5.3-acre property in Lima, Ohio, presents a unique investment opportunity. The offering includes an 8448 square foot commercial building and a single-family home, situated on two parcels boasting 500 feet of road frontage along a high-traffic corridor. The commercial building has been completely gutted, providing a blank canvas for a customized build-out to suit a variety of business needs. Significant recent improvements have been made to the property, including the installation of new drain tiles and a gas line, expansion of the parking area, and extensive grading work. A substantial area of wooded land has been cleared, making the site ideal for immediate development. The single-family home offers potential for rental income, further enhancing the return on investment. The property's prime location and extensive recent upgrades make it an attractive proposition for developers and investors seeking a ready-to-develop site with significant potential. The property is ready for immediate occupancy and development. This is a rare opportunity to acquire a large, well-located commercial property in a thriving area. The combination of the commercial building and the single-family home provides flexibility and multiple income streams. The extensive road frontage ensures high visibility and accessibility. Don't miss this chance to secure a valuable asset in a desirable location.

Location Insight

City

Lima

County

Allen

State

Ohio

Longitude

-84.1802

Latitude

40.7771