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1162 Latham Ave 9,900 SF 100% Leased Industrial Building Lima, OH 45805 $566,233 CAD ($57.20 CAD/SF)



Investment Highlights
- Zoned Light Industrial with options for office, retail, and service uses
- Rear warehouse and garage area supported by two dock doors for efficient loading/unloading
- Front section includes adaptable spaces for multiple offices or retail configurations
- Versatile design ideal for owner-occupancy or investment-driven adaptive reuse strategies
Executive Summary
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.
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.
Property Facts
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Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $55,928 CAD | |
| Land Assessment | $22,224 CAD | Total Assessment | $78,151 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$22,224 CAD
Improvements Assessment
$55,928 CAD
Total Assessment
$78,151 CAD
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1162 Latham Ave
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