For Sale
$105,000

889 Market StLima, OH 45805

Prime Lima location, needs renovation. High potential.

Overview

Added:
Feb 3
Days on market:
61
This exceptional 105,000 USD investment opportunity presents a unique chance to acquire a property at 889 W Market Street Unit 889, Lima, OH. Situated in a desirable location, this property offers significant potential for redevelopment. Currently, the building is in need of substantial renovation and is being sold "As Is." The existing structure presents a blank canvas for a creative developer envisioning either office space or apartment units. The property's size and location make it an attractive prospect for those seeking a project with high upside. The "As Is" condition allows for flexibility in design and construction, minimizing pre-existing constraints. While the square footage is not currently specified, the property's location and the potential for either office or residential development make it a compelling investment. Serious inquiries are encouraged to explore the possibilities of this promising development opportunity. The property sits on a 0-acre lot, providing ample space for the envisioned project. Buyers should be prepared for significant renovation costs to bring the building up to habitable standards. This is an ideal project for experienced developers seeking a challenging yet rewarding undertaking in a strong market. The asking price of 105,000 USD reflects the current condition and the potential for future value creation.

Property Details for 889 Market St

Property type
Year Built
1901

Location Insight

City
Lima
County
Allen
State
Ohio
Latitude
40.73974
Longitude
-84.12251
889 Market St, Lima, Ohio

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889 Market St
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