435 N Elizabeth St
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435 N Elizabeth St
42,000 SF Industrial Building Lima, OH 45801 $399,000 ($10/SF)
EXECUTIVE SUMMARY
Located on the north side of downtown Lima, Ohio, this 40,000 square foot industrial storage warehouse offers ample space for a variety of commercial or industrial uses.
The first building, situated at the front of the property, includes 1,330 square feet of office space, perfect for administrative functions, as well as direct access to the expansive storage areas. The remaining space in this building, totaling over 12,000 square feet, is dedicated to storage, distributed across two levels. The large floor plates make it suitable for bulk storage, light manufacturing, or distribution purposes. A functional elevator allows for easy vertical movement of goods between the two floors, making the space accessible for a wide range of operations.
Connected to the first building is a two-story, all-brick structure, which provides an additional 24,000 square feet of space—12,000 square feet on each floor. The solid brick construction offers a durable and secure environment for various business operations. The second building's sizable floor area allows for flexibility in usage, whether for warehousing, equipment storage, or light industrial purposes.
The third building on the property is a quonset hut-style structure that offers 8,000 square feet of clear-span storage. The curved steel design of the quonset hut provides efficient use of space, with no interior columns obstructing storage or movement. This building is ideal for bulk storage, equipment, or inventory that requires easy access and wide open areas. Its design also provides protection from the elements, with ample ceiling
The first building, situated at the front of the property, includes 1,330 square feet of office space, perfect for administrative functions, as well as direct access to the expansive storage areas. The remaining space in this building, totaling over 12,000 square feet, is dedicated to storage, distributed across two levels. The large floor plates make it suitable for bulk storage, light manufacturing, or distribution purposes. A functional elevator allows for easy vertical movement of goods between the two floors, making the space accessible for a wide range of operations.
Connected to the first building is a two-story, all-brick structure, which provides an additional 24,000 square feet of space—12,000 square feet on each floor. The solid brick construction offers a durable and secure environment for various business operations. The second building's sizable floor area allows for flexibility in usage, whether for warehousing, equipment storage, or light industrial purposes.
The third building on the property is a quonset hut-style structure that offers 8,000 square feet of clear-span storage. The curved steel design of the quonset hut provides efficient use of space, with no interior columns obstructing storage or movement. This building is ideal for bulk storage, equipment, or inventory that requires easy access and wide open areas. Its design also provides protection from the elements, with ample ceiling
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $399,000 | Rentable Building Area | 42,000 SF |
| Price Per SF | $10 | No. Stories | 2 |
| Sale Type | Owner User | Year Built | 1920 |
| Property Type | Industrial | Parking Ratio | 0.24/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 12’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 1.31 AC |
| Price | $399,000 |
| Price Per SF | $10 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.31 AC |
| Rentable Building Area | 42,000 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 0.24/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 1 |
AMENITIES
- Fenced Lot
- Storage Space
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 37-30-11-06-011.000 | Total Assessment | $26,260 (2023) |
| Land Assessment | $13,130 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $13,130 (2023) | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
37-30-11-06-011.000
Land Assessment
$13,130 (2023)
Improvements Assessment
$13,130 (2023)
Total Assessment
$26,260 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2025
ZONING
| Zoning Code | Industrial Warehouse |
| Industrial Warehouse |
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Berkshire Hathaway
435 N Elizabeth St
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