1355 N Cole Street, Lima, OH 45805
$299,000
Property Type:
Commercial Sale
Baths:
2
Square Footage:
25,800
Lot Size (sq. ft.):
16,988
Status:
Active
Current Price:
$299,000
List Date:
9/25/2025
Last Modified:
9/25/2025
Description
Prime commercial opportunity in a high-visibility location! This established restaurant/bar property offers 1,056 sq ft of main building space with an additional 15,000 sq ft building on a 0.39-acre lot in American Township. The site features excellent access and frontage along N Cole Street, with traffic counts over 10,000 vehicles per day and similar counts on Elida Rd and Robb Ave nearby. Recently utilized for food service, the property includes ample parking and flexible space adaptable to a wide range of business uses. Conveniently located within minutes of other retail, dining, and service businesses. Whether you're an investor seeking a proven location or an owner-operator looking to grow, this property delivers strong visibility and long-term potential.
More Information MLS# 308334
Location Property Info
Current Price: $299,000
Original List Price: 299000
Property Sub Type: Retail
List Price: $299,000
Status: Active
List Date: 2025-09-24
Street #: 1355
Street Direction Prefix: N
Street Name: Cole
Street Suffix: Street
County: Allen
State: OH
Postal Code: 45805
Subdivision Name: Homewood Subdivision
Zoning: B1
General Property Info
Lot Size Dimensions: 85 x 200
Lot Size Square Feet: 16988
FEMA Flood Zone Y/N: No
Living Area SqFt: 25800
# Stories: 1
Bathrooms Total: 2
# Of Buildings: 4
Ceiling Height: 9
Year Built: 1986
Traffic Count: 10378
Enhanced Accessible: No
Tax Info
Parcel #: 36-2605-12-009.002
Tax Annual Amount: 514
Tax Other Annual Assessment Amount: 20
Status Change Info
Status Change Date: 2025-09-24
Property Features
Business Type: Bar/Tavern/Lounge; Fast Food; Restaurant; Retail
Construction Materials: Block; Steel Siding
Cooling: Central Air
Documents Available: Aerial
Electric: 220 Volts
Heating: Forced Air
Listing Terms: Cash; Conventional
Parking Features: Private; Unpaved
Sale Includes: Building & Land; Business, Building & Land
Sewer: Public Sewer
Water Source: Public
Listing Office: Berkshire Hathaway Professional Realty
Last Updated: September - 25 - 2025
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