219 Mcdonel St Lima, OH 45801-4288
- Office buildings
- 5,964 SF
- 0.19 lot acres
Current Use by Public Records
- Better Business Bureau / Non-Profit Organization
Property Details for 219 Mcdonel St
- Year built
- 1961
- Lot size
- 0.19 lot acres
- Property size
- 5,964 SF
- Property type
- Office buildings
- APN
- 36-3605-15-012.000
- APU
- 36360515012000
Description
This exceptional 2,352 square foot office space is ideally situated in the heart of downtown Lima, Ohio. Located at 219 N McDonel St, zip code 45801, this single-tenant property offers a traditional office layout perfect for a variety of professional businesses. The space boasts four individual offices, providing ample room for staff and individual work, along with a dedicated conference room for meetings and client presentations. The building is situated in Allen County, Ohio, offering easy access to local amenities and transportation networks. This property presents a fantastic opportunity for a business seeking a well-appointed, centrally located office space in a thriving downtown area. The building's classic design and layout provide a professional and welcoming atmosphere. The property is ready for immediate occupancy, allowing for a seamless transition for your business. This is a rare opportunity to secure a desirable office space in a prime downtown location. The address is easily accessible and provides excellent visibility for your business. The layout is efficient and functional, maximizing space utilization. This is an excellent opportunity for a business seeking a move-in ready office space in a convenient and desirable location. The property is well-maintained and offers a comfortable and productive work environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $175,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $200,000
- 6.5%
- $195,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $215,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $170,000
- Mixed-Use
- $175,000
- Hospitality
- $175,000
- Educational
- $175,000
- Residential Income
- $210,000
- Energy
- $215,000
- Income-Based Land
- $180,000
- Food Service
- $170,000
Location Insight
- Map
- Local Demand
- City
- Lima
- County
- Allen
- State
- Ohio
- Longitude
- -84.1107
- Latitude
- 40.7419
- CBSA code
- 30620
- CBSA name
- LIMA, OH METROPOLITAN STATISTICAL AREA