2025 E 4th St - Light Manufacturing FOR SALE


Lima, OH 45804
$4,500,000 USD
419-604-6625
2025 E 4th St, Lima, OH for Sale
$4,500,000 USD
Light Manufacturing - FOR SALE
1/97
null | 9.72% Cap Rate

2025 E 4th St
Lima, OH 45804


HIGHLIGHTS

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

OVERVIEW

Introducing a unique investment opportunity in the heart of 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 is fully leased with three well-established tenants, including the Ohio Department of Administrative Services, S.S.O.E Inc., and Eagle Mark 4 companies, providing a steady income stream. 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.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

9.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

20

LAND DETAILS

LAND ACRES

12.73

LAND SF

554,313

ZONING

Commercial

APN/PARCEL ID

47-05-00-04-003.001

ASK ABOUT THIS PROPERTY

Garrett GattonDye Real Estate and Land CompanyMore Info
419-604-6625

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Garrett GattonDye Real Estate and Land CompanyMore Info
419-604-6625

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.