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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.

Property Facts

Price $566,233 CAD
Price Per SF $57.20 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • General Retail Freestanding
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.77 AC
Rentable Building Area 9,900 SF
No. Stories 1
Year Built 1972
Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 36-25-10-05-004.000
  • 36-25-10-05-007.000
  • 36-25-10-05-003.000
Land Assessment
$22,224 CAD
Improvements Assessment
$55,928 CAD
Total Assessment
$78,151 CAD
  • Listing ID: 41096107

  • Date on Market: 2026-06-29

  • Last Updated:

  • Address: 1162 Latham Ave, Lima, OH 45805

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