567-371-7812
127 N Elizabeth St, Lima, OH for Rent

$12.00-$13.00 USD /SF/yr

Office/Retail - For Rent
1/12
1,100-3,270 SF | 2 Spaces

127 N Elizabeth St
Lima, OH 45801


HIGHLIGHTS

  • Metro Center at 127 North Elizabeth Street offers ground-floor retail suites under 33 residential units on the upper floors.
  • Perfectly situated a stone's throw from a medical district featuring St. Rita's and Lima Memorial Hospitals, which provide increased foot traffic.
  • Provides retailers with high visibility along North Elizabeth Street with a desirable location at the center of Downtown Lima.
  • Lima is the fourth fastest-growing city in the region, with significant investments totaling over $100 million in recent years.

OVERVIEW

The Metro Center Business Arcade at 127 North Elizabeth Street in Downtown Lima is a six-story mixed-use building offering customizable ground-floor spaces with flexible layouts. Located at the signalized intersection of North West Street and West High Street. These suites are ideal for salons, restaurants, professional service firms, or boutique retailers, and benefit from high visibility and consistent foot traffic, with over 3,000 vehicles passing daily. The building also houses 33 residential units on the upper floors, providing a built-in customer base for businesses. Located near the medical district, anchored by St. Rita’s and Lima Memorial Hospitals, and across from the Wingate Hotel and a four-story parking garage. This is a highly accessible location with bus line access. Metro Center Arcade is positioned in a rapidly growing area with over $100 million in recent investments. The surrounding population of 90,000 within a 10-mile radius and consumer spending exceeding $1 billion make it a prime location for retail and service businesses. The Business Arcade features white box-ready spaces available for lease, allowing incoming businesses to personalize their design. With on-site parking, building security, and proximity to Route 65 and Interstate 75, the Metro Center offers unmatched convenience and exposure. Formerly the headquarters of Metropolitan Bank, the building blends historic charm with modern amenities, including upscale loft-style apartments for professionals. Residents enjoy access to restaurants, shopping, and entertainment just steps away, making the Metro Center a vibrant hub for both living and business in one of Ohio’s fastest-growing downtowns.

RENTAL DETAILS

SPACE AVAILABLE

1,100-3,270 SF

# OF SPACES

2

RENT RATE (MO)

$1.00-$1.08 USD /SF/mo

RENT RATE (YR)

$12.00-$13.00 USD /SF/yr

LEASE TYPE

Double Net

LEASE LENGTH

1-10 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

67,381 SF

YEAR BUILT

2021

PARKING SPACES

54

LAND DETAILS

LAND ACRES

0.78999 AC

LAND SF

34,412 SF

ZONING

C1BR

ASK ABOUT THIS PROPERTY

Bill WalterWalter Development EnterprisesMore Info
567-371-7812

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Bill WalterWalter Development EnterprisesMore Info
567-371-7812

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