302 Robb Ave Lima, OH 45801-2745
This exceptional 15,102-square-foot retail building, located at 302 W Robb Ave, Lima, OH 45801, presents a unique investment opportunity. Situated on a 1.36-acre corner lot at the intersection of ST Rt 65 and Robb Ave, this property enjoys high visibility in a well-traveled commercial and residential area of north Lima. The building, formerly a Rite Aid, is exceptionally well-maintained and features a convenient drive-thru. The zoning is commercial, and the APN is 36-2412-04-001.001. With 1,515,102 square feet of vacant space (note discrepancy with total building sqft), the property offers significant potential for various uses, including but not limited to automotive parts, general retail, medical offices, service stores, daycare centers, or even owner-occupied businesses such as restaurants. The building boasts 220/440 power. This is a move-in ready site with significant upside potential for the right tenant or owner-operator. The property's single-tenant occupancy provides flexibility and control. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Ohio market.
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Rite Aid Pharmacy
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Kevin R. Bruin, RPh Pharmacy
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Lisa Zeigler, BA Pharmacy
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Western Union Bank Credit Union
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higi Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.