Listed by Dye Real Estate and Land Company
$2,850,000
2025 E 4th St
Details
APN 47-05-00-04-003.001
Property Type Office, Industrial
Sub Type Warehouse, Flex
Square Footage 50,088
Cap Rate 12.00%
NOI $101,544
Occupancy 60%
Tenancy Multi
Lease Type Modified
Price per SqFt $70
Class B
Year Built 1967
Acreage 12.730
Zoning Industrial
Ground Lease No
Ceiling Height 16
Loading Docks 1
50k SF and 13+ acres along I-75
Marketing description
Introducing a prime investment or business opportunity along I-75 in Lima, Ohio. This 50,088 SF Flex Building at 2025 E 4th St offers 23,000 SF of available office/flex space in June 2025, with the remainder leased to established tenants; Victress Health, S.S.O.E Inc. and Eagle Mark 4, generating $17,373 per month. Positioned between Toledo and Dayton, the property benefits from exceptional visibility on East 4th Street with 13,500+ vehicles daily. Located near Eastgate's hotels and restaurants, it offers rare expansion potential and versatile uses including office, R&D, showroom, or warehouse/distribution—making it an attractive, high-visibility investment.
Investment highlights
- Highway access to I-75 (Midway from Dayton to Toledo)
- 3 Tenants grossing $17,373 per month.
- Industrial space has 16' ceiling height, loading dock and overhead doors
- Office space has common area and 4 areas that could be sub-divided into tenants.
- Parcel is 13 acres zoned Industrial and annexed into the City of Lima.
Listing Contacts
Listed by Dye Real Estate and Land Company
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$101,544.00
$8,462.00/mo
Valuation Metrics
0
DSCR
3.56%
Cap Rate
3.56%
ROI
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