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34495684
34495494

122 West North Street, Lima, OH 45801 For Sale

TS
OH BRKP.0000331263-Ohio, 240929-Kentucky (+1)
Superior PLUS Realtors
Listed by Superior PLUS Realtors
$399,000
1 day on market
Updated 1 day ago
Opportunity zone

The Ohio Theater

Details
APN 37-3106-11-007.000
Property Type Mixed Use, Retail (+1)
Sub Type Sports/Entertainment, theater
Square Footage 19,956
Price per SqFt $28
Year Built 1923
Year Renovated 2024
Buildings 1
Stories 2
Acreage 0.413
Zoning Business
Investment Type Owner/User
Ground Lease No
Sale Condition Bank owned foreclosure

Mixed Use | 19,956 SqFt

Marketing description

Own a Piece of Lima's History: The Ohio Theatre Awaits! Don't miss this golden opportunity to possess a cultural gem in the heart of Lima! The historic Ohio Theatre, a beloved landmark since 1923, is now available for purchase. This versatile venue has served as a hub for entertainment, dining, and performances for generations. Here's what makes The Ohio Theatre an unparalleled investment: Unmatched heritage: Standing tall since 1923, the theater is a cornerstone of Lima's cultural scene, boasting over 100 years of rich history. Flexible vision: Host live productions, concerts, screenings, create a unique restaurant concept, or even transform the former 2,760 sq ft "Ohio Room" – the possibilities are endless! Renovate it into an on-site proprietor's residence for a unique living experience or a private member's club, catering to a discerning clientele. Prime location & impressive features: Situated in the heart of downtown Lima, ensuring high foot traffic and visibility. This incredible two-story, all-brick building is full of well-preserved historic detail and has undergone significant work and updates. Benefit from a state-of-the-art production kitchen, recently replaced roof and coolers/freezers, and extensive electrical upgrades. Street retail space provides additional income potential. Opportunuty Zone Eligible: Potential equity partnership with Arctaris Impact Fund a Qualified Opportunity Zone Fund Become the steward of this architectural treasure and revive The Ohio Theatre's vibrant legacy! Contact us today to schedule a viewing and explore the potential.

Investment highlights

  • Opportunity Zone
  • Assumable Pace Financing
  • Bank Owned

Listing Contacts

TS
OH BRKP.0000331263-Ohio, 240929-Kentucky (+1)
Superior PLUS Realtors
Listed by Superior PLUS Realtors

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Additional Information

Name
Tim Stanford
License
331260
Brokerage
Superior Plus
Brokerage Phone
4192302421
Title
Broker of Record
Brokerage Address
2903 Elida Rd
Name
Tim Stanford
License
BRKP.0000331263-Ohio
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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