0 447&449 Main StLima, OH 45801

Property Details for 0 447&449 Main St

Year built

1920

Lot size

0.06 AC

Property size (Sq ft)

2,656 SF

Property type

Other commercial real estate

Property subtype

Investment properties

Description

This exceptional business opportunity in Lima, Ohio, presents a fee-simple ownership of a two-story, Class B building at 447&449 Main Street, encompassing 2,656 square feet on a 0.061-acre lot. Built in 1920, the property includes one unit and features newer windows, an updated bathroom, a gas furnace, and a refrigerator. The sale includes a substantial adjacent parking lot (Lot #817, 0.241 acres), significantly enhancing the property's value and utility. The building boasts a capacity of 51 and includes an apartment above the bar area, complete with kitchen and living room. Recent upgrades include a new 2022 air conditioning unit, a new 2022 compressor for the walk-in cooler, and a small office equipped with a security monitor. An attached enclosed wood shed and a wood stove (inspected in 2022) are also included. A detailed equipment list is available online. The asking price is $350,000. Property taxes for the first half of the year are $264.34, which includes a $129.01 stormwater assessment and a $2.00 Ottawa River Ditch Maintenance fee. This turnkey operation offers a rare blend of established business and significant real estate potential in a desirable uptown Lima location.

Location Insight

City

Lima

County

Allen

State

Ohio

Latitude

40.7869

Longitude

-84.0802

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