506 Market St Lima, OH 45801

Property Details for 506 Market St

Year built

1949

Lot size

0.48 lot acres

Property size

3,340 SF

Property type

Automotive properties

APN

37-3108-08-020.000

APU

37310808020000

Description

This exceptional 15,102-square-foot retail space, located at 506 W Market St in Lima, Ohio, presents a unique investment opportunity. Built in 2005, this single-story building sits on a 1.6-acre lot and boasts a highly desirable location within Lima's medical center submarket, ensuring high traffic and visibility. The property is zoned commercial and features ample parking with 150 spaces available. The entire building is currently vacant, offering immediate occupancy for a single tenant. The property's power supply includes 220/440 voltage, suitable for a variety of businesses. Its ideal location makes it suitable for a wide range of uses, including retail stores, medical offices, or service companies. The Allen County location, with APN 36-3608--03-018.001, offers easy access to major roadways and a strong local economy. This property represents a rare chance to acquire a substantial, well-located retail space in a thriving medical center area. The single-tenant occupancy simplifies management and maximizes potential rental income. Don't miss this opportunity to establish your business in a prime location. The property's size and features make it an attractive option for a variety of businesses seeking a prominent presence in Lima, Ohio.

Location Insight

City

Lima

County

Allen

State

Ohio

Longitude

-84.0987

Latitude

40.7396

CBSA code

30620

CBSA name

LIMA, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments