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2025 E 4th St 50,088 SF 54% Leased Flex Building Lima, OH 45804 $3,500,000 ($69.88/SF) 12.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Great Location in Lima, Ohio with access to Interstate 75, a major thoroughfare for Northwest and Western Ohio.
  • 100% Leased with three very strong and well established tenants, two of which have a long history in the building.
  • 23k sf of prime office space available for occupancy as of June 2025
  • Great Visibility on East 4th Street with over 13,500 VPD
  • Located 78 miles south of Toledo and 83 Miles north of Dayton in a prime location.

EXECUTIVE SUMMARY

Introducing a unique investment opportunity or future home of your business along I-75 in Lima, Ohio. This 50,088 SF Flex Building at 2025 E 4th St is strategically located on Interstate 75, a major thoroughfare for Northwest and Western Ohio. Its location, 78 miles south of Toledo and 83 miles north of Dayton, positions it as a prime spot in the region. The property will have 23,000 SF of prime office / flex space come available as of June 2025. The other portions of the building are leased with two well-established tenants, S.S.O.E Inc., and Eagle Mark 4 companies, providing a steady income stream of over $14,000/mo. The building’s visibility on East 4th Street, with over 13,500 vehicles per day, offers great exposure for businesses operating within.

The property is nestled in a vibrant community, with the Eastgate of Lima nearby, home to a majority of the area’s hotels and major chain restaurants. The potential for expansion is unique, given the limited availability of properties in this area. As a Flex Building, this property offers versatility to accommodate a variety of uses, from office space to research and development, to showrooms and warehouse/distribution. This adaptability, coupled with its strategic location, strong tenant base, and high visibility, makes it an attractive prospect for investors.

PROPERTY FACTS

Price $3,500,000
Price Per SF $69.88
Sale Type Investment
Cap Rate 12.50%
Property Type Flex
Property Subtype Light Manufacturing
Building Class B
Lot Size 12.73 AC
Rentable Building Area 50,088 SF
No. Stories 1
Year Built 1967
Parking Ratio 0.4/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning Commercial - Designed to support various business activities, ranging from small retail shops to large office complexes.

AMENITIES

  • Storage Space
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 7,000-23,183 SF
  • Office
  • Full Build-Out
  • Now

Introducing a unique office lease opportunity in Lima, Ohio. This 23,183 SF office space at 2025 E 4th St is strategically located on Interstate 75, a major thoroughfare for Northwest and Western Ohio. Its location, 78 miles south of Toledo and 83 miles north of Dayton, positions it as a prime spot in the region. This office space has been recently renovated and offers ample space for private offices, conference rooms, parking and an open floor plan with cubicles. The building’s visibility on East 4th Street, with over 13,500 vehicles per day, offers great exposure for businesses operating within. This office space is 2 minutes away from the Eastgate of Lima nearby, home to a majority of the area’s hotels and major chain restaurants.

Space Size Space Use Condition Available
1st Floor 7,000-23,183 SF Office Full Build-Out Now

1st Floor

Size
7,000-23,183 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 7,000-23,183 SF
Space Use Office
Condition Full Build-Out
Available Now

Introducing a unique office lease opportunity in Lima, Ohio. This 23,183 SF office space at 2025 E 4th St is strategically located on Interstate 75, a major thoroughfare for Northwest and Western Ohio. Its location, 78 miles south of Toledo and 83 miles north of Dayton, positions it as a prime spot in the region. This office space has been recently renovated and offers ample space for private offices, conference rooms, parking and an open floor plan with cubicles. The building’s visibility on East 4th Street, with over 13,500 vehicles per day, offers great exposure for businesses operating within. This office space is 2 minutes away from the Eastgate of Lima nearby, home to a majority of the area’s hotels and major chain restaurants.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
47-05-00-04-003.001
Land Assessment
$98,490
Improvements Assessment
$320,180
Total Assessment
$418,670
  • Listing ID: 37744407

  • Date on Market: 4/16/2024

  • Last Updated:

  • Address: 2025 E 4th St, Lima, OH 45804

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