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506 W Market St 15,102 SF Retail Building Lima, OH 45801 $2,000,000 ($132.43/SF)



EXECUTIVE SUMMARY
Near downtown Lima,Ohio in the heart of Mercy Health-St Rita's Medical Center,Mercy Teaching College, Mercy Cancer Center, plus many other doctor's office. This location is made for medical usage and lens itself to either single use Lease or divided in three 5,000
SF units. Additionally it's great restaurant location to complement the 3 other new restaurants in downtown Lima. Other possible
usages could be automotive part store, retail store,or any service type business.This is Avery well maintained building, and is ready to move into. Prefect property for any small or lager investor.
SF units. Additionally it's great restaurant location to complement the 3 other new restaurants in downtown Lima. Other possible
usages could be automotive part store, retail store,or any service type business.This is Avery well maintained building, and is ready to move into. Prefect property for any small or lager investor.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
15,102 SF
Building Class
C
Year Built/Renovated
2005/2006
Price
$2,000,000
Price Per SF
$132.43
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.21
Lot Size
1.62 AC
Opportunity Zone
Yes
Zoning
commercial - any commercial type business
Frontage
175’ on market
AMENITIES
- 24 Hour Access
- Bus Line
- Dedicated Turn Lane
- Security System
- Signage
- Drive Thru
- Energy Performance Rating - A
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 36-36-08-03-018.001 | Improvements Assessment | $466,100 |
| Land Assessment | $177,910 | Total Assessment | $644,010 |
PROPERTY TAXES
Parcel Number
36-36-08-03-018.001
Land Assessment
$177,910
Improvements Assessment
$466,100
Total Assessment
$644,010
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506 W Market St
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