1507 Harding Hwy Hwy Lima, OH 45804
This exceptional commercial property, located at 1507 Harding Highway Unit 1507 in Lima, Ohio, presents a unique investment opportunity. The property boasts a prime location with easy access to major roadways including I-75, State Route 309, and State Route 117, ensuring high visibility and significant traffic flow. The existing building, constructed in 2000 and meticulously maintained, offers approximately 6,690 square feet of well-designed space. The interior features a beautiful oak bar, a fully equipped restaurant kitchen, and ample space for dining. The property sits on a desirable 1.18-acre lot, providing extensive frontage and over 110 parking spaces, a significant advantage in a high-traffic area. The total building size is approximately 51,400 square feet. This turnkey operation is ideal for an established restaurant or a new venture seeking a high-visibility location with substantial parking and excellent access to major transportation routes. The property's size and location make it an attractive investment for a variety of commercial uses. The asking price is $1,400,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.