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142 E. Pearl St., Lima, OH 142 E Pearl St 33,901 SF 100% Leased Industrial Building Lima, OH 45801 $169,900 ($5.01/SF)

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INVESTMENT HIGHLIGHTS

  • Zoned 1st Industrial Light in Great Location near RR and just off Main St.
  • 13' ceilings
  • 4000 lb. freight elevator and 220V-3 phase electric

EXECUTIVE SUMMARY

Zoned First Industrial Light
This apx. 34,000 sq.ft. building, currently operating as Lima Armature Works, has apx. 25,000 sq.ft. of space on 1st floor & 9,000 sq.ft. on 2nd floor.
Fully functional & recently inspected, 4000 lb. freight elevator that runs from 2nd floor down to basement level.
220V-3 phase electric.
Sale includes building and land (apx. 1.047 ac) only as business is relocating.

PROPERTY FACTS Under Contract

Price $169,900
Price Per SF $5.01
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 1.04 AC
Rentable Building Area 33,901 SF
No. Stories 2
Year Built 1914
Clear Ceiling Height 13’
Zoning 1st Industrial Light - Zoned First Industrial Light as per City of Lima zoning. County auditor lists land use as Manufacturing & Assembly-Light.

AMENITIES

  • Storage Space

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
37-30-11-15-001.000
Land Assessment
$19,320
Improvements Assessment
$38,890
Total Assessment
$58,210
  • Listing ID: 35705436

  • Date on Market: 5/1/2025

  • Last Updated:

  • Address: 142 E Pearl St, Lima, OH 45801

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