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2025 E 4th St
50,088 SF 100% Leased Flex Building Lima, OH 45804 $4,500,000 ($90/SF) 9.72% Cap Rate
Investment Highlights
- Great Location in Lima, Ohio with access to Interstate 75, a major thoroughfare for Northwest and Western Ohio.
- 100% Leased with three very strong and well established tenants, two of which have a long history in the building.
- Great Visibility on East 4th Street with over 13,500 VPD
- Located 78 miles south of Toledo and 83 Miles north of Dayton in a prime location.
Executive Summary
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.
Property Facts
| Price | $4,500,000 | Rentable Building Area | 50,088 SF |
| Price Per SF | $90 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1967 |
| Cap Rate | 9.72% | Parking Ratio | 0.4/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 14’ |
| Property Subtype | Light Manufacturing | No. Dock-High Doors/Loading | 1 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 12.73 AC |
| Price | $4,500,000 |
| Price Per SF | $90 |
| Sale Type | Investment |
| Cap Rate | 9.72% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 12.73 AC |
| Rentable Building Area | 50,088 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Parking Ratio | 0.4/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Introducing a unique office lease opportunity in Lima, Ohio. This 23,183 SF office space 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. This office space has been recently renovated and offers ample space for private offices, conference rooms, parking and an open floor plan with cubicles. The building’s visibility on East 4th Street, with over 13,500 vehicles per day, offers great exposure for businesses operating within. This office space is 2 minutes away from the Eastgate of Lima nearby, home to a majority of the area’s hotels and major chain restaurants.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 23,183 SF | Office | Full Build-Out | Jul 2025 |
1st Floor
| Size |
| 23,183 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Jul 2025 |
1st Floor
| Size | 23,183 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Jul 2025 |
Introducing a unique office lease opportunity in Lima, Ohio. This 23,183 SF office space 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. This office space has been recently renovated and offers ample space for private offices, conference rooms, parking and an open floor plan with cubicles. The building’s visibility on East 4th Street, with over 13,500 vehicles per day, offers great exposure for businesses operating within. This office space is 2 minutes away from the Eastgate of Lima nearby, home to a majority of the area’s hotels and major chain restaurants.
PROPERTY TAXES
| Parcel Number | 47-05-00-04-003.001 | Improvements Assessment | $291,060 |
| Land Assessment | $89,530 | Total Assessment | $380,590 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial (Designed to support various business activities, ranging from small retail shops to large office complexes.) |
| Commercial (Designed to support various business activities, ranging from small retail shops to large office complexes.) |
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2025 E 4th St
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