Property profile

330 Main St Lima, OH 45801

OFF-MARKET
Office buildings
Property ID
US66-2514176
5,841 SF 0.41 ac lot Built 1920
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional two-story, 5,730 square foot office building, located at 330 N Main St in Lima, Ohio, presents a unique investment opportunity. Built in 1920 and renovated in 2000, the Class B property offers a blend of historic character and modern functionality. Its prime location directly across from the Allen County Courthouse ensures high visibility and easy access to major thoroughfares, including N Main St, E Wayne St, and Walnut Alley. The property features 26 private parking spaces adjacent to a 48-space public lot, eliminating parking concerns. A full basement provides ample storage. Currently configured for professional office use, the space includes private offices, conference rooms, and a reception area. The 0.407-acre lot is zoned for office and retail use. The asking price is $364,900, with a price per square foot of $63.68. Available for occupancy May 29, 2024. This property is a single unit building with a total of one building and two stories. The APN is 37-3106-12-007.000. This is a privately owned building.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1920
Total area 5,841 SF
Lot 0.41 ac (17,729 SF)
APN 37-3106-12-007.000
UPID US66-2514176

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Title Company
  • Accounting Firm
  • Financial Advisor

Location

330 Main St Lima, OH 45801-4435
Lima metro Census 14100 LIMA, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2009
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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