3456 Saint Johns Rd - Warehouse FOR SALE


Lima, OH 45804
$2,100,000 USD
440-318-4078
3456 Saint Johns Rd, Lima, OH for Sale
$2,100,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

3456 Saint Johns Rd
Lima, OH 45804


OVERVIEW

3456 Saint Johns Rd is a 6± acre property located in Lima, OH and features a building of about 36,778± SF as well as ample outside storage and truck parking that is lighted and fenced with a security gate. The property is available for lease or purchase. This building is partially leased by a long term tenant. Annual gross income from existing tenants is approximately $90,000. A purchase is contingent upon permitting and construction of an added driveway entrance to serve the South building that shares the property. The property also contains a building on its South side that is a 24,376 SF± warehouse and truck terminal with its own 6 acres, and includes an attached 2-story office. The price for this building separately is $1,400,000. The entire property, as-is with both buildings and about 12± acres, is priced at $3,495,000. The property can accommodate a wide range of potential uses including, distribution, truck maintenance, and general warehousing. Strategically located 0.5 miles from I-75, the property is well positioned to service distribution hubs throughout Ohio, Indiana, Michigan, and the remainder of the Midwest. The property presents the opportunity for a potential owner occupant or investor to acquire an asset with income in place, with the ability to lease up or occupy the current vacant building, with most of the paved yard available for extensive truck & trailer parking.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

St Johns Rd/I-75 Truck Terminal

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

12

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6

LAND SF

261,360

ZONING

M-1

APN/PARCEL ID

47-18-00-04-001.002

ASK ABOUT THIS PROPERTY

Alex KuniegaLee & AssociatesMore Info
440-318-4078

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Alex KuniegaLee & AssociatesMore Info
440-318-4078

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