1162 Latham Ave - Warehouse FOR SALE


Lima, OH 45805
$399,000 USD
937-597-7115
1162 Latham Ave, Lima, OH for Sale
$399,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

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1162 Latham Ave
Lima, OH 45805


HIGHLIGHTS

  • Zoned Light Industrial with options for office, retail, and service uses
  • Front section includes adaptable spaces for multiple offices or retail configurations
  • Rear warehouse and garage area supported by two dock doors for efficient loading/unloading
  • Versatile design ideal for owner-occupancy or investment-driven adaptive reuse strategies

OVERVIEW

1162 Latham Avenue presents an adaptable flex property in Lima, Ohio, offering both industrial efficiency and the potential for mixed-use configurations. Zoned Light Industrial, this property spans nearly 10,000 square feet and combines a commercial warehouse section with a front portion originally configured for living and office use. The layout includes a front space that could be converted into multiple professional offices, retail environments, or business suites, complemented by 2.5 bathrooms and office areas. The rear section features over 3,000 square feet dedicated to garage and warehouse operations, enhanced by two loading dock doors for streamlined inventory handling and distribution. Additional overhead storage is accessible via an installed conveyor system, maximizing storage capacity without sacrificing usability. Situated on a 0.73-acre parcel within Allen County, the property is easily accessed via Breese Road, State Route 117, and major thoroughfares that connect to Lima’s core commercial corridors. With infrastructure supporting light manufacturing, warehousing, or combined office/retail service operations, 1162 Latham Avenue offers investors and owner-users flexibility across multiple operational models. This is a unique opportunity for businesses seeking to consolidate administrative and production needs under one roof.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Freestanding, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.77

LAND SF

33,541

ZONING

-

APN/PARCEL ID

36-25-10-05-003.000,36-25-10-05-004.000,36-25-10-05-007.000

ASK ABOUT THIS PROPERTY

Jerri BarlageHoward Hanna Real Estate ServicesMore Info
937-597-7115

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Jerri BarlageHoward Hanna Real Estate ServicesMore Info
937-597-7115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.