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1214 Allentown Rd 4,500 SF 11% Leased Retail Building Lima, OH 45805 $245,041 CAD ($54.45 CAD/SF) 13.42% Cap Rate
Executive Summary
Tons of new stuff being built around here. Great traffic numbers. Open floor plan. Call now so you don't miss a great opportunity. Great opportunity to open almost any business. Formerly a retail shop with a small restaurant. The upstairs formerly was a archery range. Square footage is approximate. Subject to tenant rights. Currently rented at $2,000/month. Instant Money $$$$ maker. Sit back and count your profit every month.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,500 SF
Building Class
C
Year Built
1940
Price
$245,041 CAD
Price Per SF
$54.45 CAD
Cap Rate
13.42%
NOI
$32,873 CAD
Percent Leased
11%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.49
Lot Size
0.21 AC
Zoning
B-1 - Neighborhood or Local Business District intended to provide convenience goods and personal services for residents of adjacent residential areas.
Parking
12 Spaces (4.77 Spaces per 1,000 SF Leased)
Frontage
99’ on Allentown Rd
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 36-35-05-01-002.000 | Improvements Assessment | $6,807 CAD |
| Land Assessment | $31,120 CAD | Total Assessment | $37,927 CAD |
Property Taxes
Parcel Number
36-35-05-01-002.000
Land Assessment
$31,120 CAD
Improvements Assessment
$6,807 CAD
Total Assessment
$37,927 CAD
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1214 Allentown Rd
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