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Elm Portfolio 2 Properties Offered at $1,485,000 in Lima, OH
Executive Summary
FOR SALE
Fully Occupied Multi-Tenant Commercial Investment Property
3103–3125 West Elm Street | Lima, Ohio
Rare opportunity to acquire a fully occupied, income-producing commercial investment
property featuring two buildings, nine tenants, and strong, stable cash flow.
Located on West Elm Street in Lima, Ohio, this well-maintained property has 2 buildings on 1.27 acres and consists of approximately
18,160 square feet of commercial space and is currently 100% occupied, providing immediate income from a diverse tenant base.
Property Highlights
• 100% Occupied
• 9 Total Tenants
• Annual Gross Rental Income of $159,540
• Estimated Net Operating Income of $110,177
• Strong Occupancy History
• Excellent Visibility and Accessibility
• Diversified Tenant Mix
Building Information
Front Building – 3125 W. Elm Street
Built in 1975
8,440 Square Feet
7 Tenant Spaces
Fully Occupied
Rear Building – 3103–3109 W. Elm Street
9,720 Square Feet
2 Tenants that rent the entire back building.
Fully Occupied
Total Building Area of both buildings: 18,160 Square Feet
Financial Summary
Monthly Rental Income: $13,295 - 2 to 3 rents will be going up in the next 3 months
Annual Gross Rental Income: $159,540
Estimated Annual Operating Expenses: $49,363
Estimated Net Operating Income (NOI): $110,177
Tenants are responsible to pay electric, natural gas, internet, telephone, and cable services.
Investment Opportunity
This property offers investors immediate cash flow from a stabilized asset with a proven track
record of occupancy. The multiple-tenant configuration reduces reliance on any single tenant while creating dependable and diversified income streams.
Whether you are looking to expand your investment portfolio, complete a 1031 exchange, or
acquire a long-term income-producing asset, this property presents an exceptional opportunity in
the Lima market.
Please contact Chad at 419-236-1112
Fully Occupied Multi-Tenant Commercial Investment Property
3103–3125 West Elm Street | Lima, Ohio
Rare opportunity to acquire a fully occupied, income-producing commercial investment
property featuring two buildings, nine tenants, and strong, stable cash flow.
Located on West Elm Street in Lima, Ohio, this well-maintained property has 2 buildings on 1.27 acres and consists of approximately
18,160 square feet of commercial space and is currently 100% occupied, providing immediate income from a diverse tenant base.
Property Highlights
• 100% Occupied
• 9 Total Tenants
• Annual Gross Rental Income of $159,540
• Estimated Net Operating Income of $110,177
• Strong Occupancy History
• Excellent Visibility and Accessibility
• Diversified Tenant Mix
Building Information
Front Building – 3125 W. Elm Street
Built in 1975
8,440 Square Feet
7 Tenant Spaces
Fully Occupied
Rear Building – 3103–3109 W. Elm Street
9,720 Square Feet
2 Tenants that rent the entire back building.
Fully Occupied
Total Building Area of both buildings: 18,160 Square Feet
Financial Summary
Monthly Rental Income: $13,295 - 2 to 3 rents will be going up in the next 3 months
Annual Gross Rental Income: $159,540
Estimated Annual Operating Expenses: $49,363
Estimated Net Operating Income (NOI): $110,177
Tenants are responsible to pay electric, natural gas, internet, telephone, and cable services.
Investment Opportunity
This property offers investors immediate cash flow from a stabilized asset with a proven track
record of occupancy. The multiple-tenant configuration reduces reliance on any single tenant while creating dependable and diversified income streams.
Whether you are looking to expand your investment portfolio, complete a 1031 exchange, or
acquire a long-term income-producing asset, this property presents an exceptional opportunity in
the Lima market.
Please contact Chad at 419-236-1112
Property Facts
| Price | $1,485,000 | Number of Properties | 2 |
| Price / SF | $80.03 / SF | Individually For Sale | 0 |
| Cap Rate | 7.42% | Total Building Size | 18,555 SF |
| Sale Type | Investment | Total Land Area | 6.55 AC |
| Status | Active |
| Price | $1,485,000 |
| Price / SF | $80.03 / SF |
| Cap Rate | 7.42% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 18,555 SF |
| Total Land Area | 6.55 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3101 W Elm St, Lima, OH 45805 | Office | 9,720 SF | 1955 | - |
| 3117 W Elm St, Lima, OH 45805 | Retail | 8,835 SF | 1975 | - |
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