150 Grand AveLima, OH 45801

For Sale
$695,000

Spacious Lima, OH commercial property.

Overview

Added:
Feb 3
Days on market:
38
This exceptional commercial property, located at 150 W Grand Avenue Unit 150 in Lima, Ohio, presents a significant investment opportunity. The substantial building encompasses 13,904 square feet and sits on a sizable 0.95-acre lot, offering ample space for a variety of commercial ventures. Its previous use as a school suggests a robust structure well-suited for adaptation to diverse business needs. The property is available for both sale and lease, providing flexibility for potential buyers and tenants. The asking price for the sale is $695,000. For those interested in leasing, the monthly rental rate is $7,995, structured as a NNN (Net, Net, Net) lease. This means the tenant is responsible for property taxes, insurance, and maintenance, providing predictable and manageable operating costs. The building's substantial size and versatile layout offer considerable potential for redevelopment or repurposing, making it an attractive prospect for entrepreneurs and investors seeking a prominent location in Lima, Ohio. Further details regarding the property's specifications and potential uses are available upon request. Serious inquiries are encouraged to explore this promising commercial opportunity.

Property Details for 150 Grand Ave

Property type
Other commercial real estate
Year Built
1971

Location Insight

City
Lima
County
Allen
State
Ohio
Latitude
40.75121
Longitude
-84.10613
150 Grand Ave, Lima, Ohio

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150 Grand Ave
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