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Executive Summary

This 1.03-acre remediated parcel at 210 Lima Street represents a rare shovel-ready foundation within Wapakoneta's B-3 Central Business District. Carrying a rich legacy as an 1800s buggy wheel manufacturer, the property offers a unique opportunity to transition from its buggy wheel roots to build the next 200-year legacy. Its complete environmental remediation and strategic positioning within an established commercial core near downtown provide the foundation for long-term operational value creation across retail, office, and mixed-use configurations.
Development Potential: The vacant parcel acts as an ideal canvas for a versatile retail property, offering the potential to improve with a mixed-use development, offices, or retail with drive-thru lanes. Sale or lease will be subject to any final environmental review and approvals as fully shovel ready.
§1276.02 — Principal Permitted Uses (by right)
Residential
Conversion of single-family dwellings into two-family dwellings
Multi-family dwellings (no residential units at street level)
Two-family dwellings
Public and Semi-Public
Educational institutions, pre-K through 8th grade
Educational institutions, grades 9–12
Colleges, universities, and vocational schools
Hospitals
Nursery schools and child care / day care centers
Public facilities and buildings
Public utilities
Religious places of worship
Commercial
Agricultural roadside stands
Animal hospitals and veterinary establishments, including dog kennels
Bar or tavern
Commercial entertainment (sexually oriented businesses excluded)
Conference or banquet center
Convenience retail
Display room for merchandise sold wholesale and stored off-site
Financial institutions
Hotels and motels
Medical or dental clinics
Mixed-use buildings with residential units (none at street level)
Motor vehicle minor repair
Offices — professional, administrative, or business
Personal services
Professional services
Restaurant
Retail business
§1276.03 — Accessory Permitted Uses
Accessory uses, buildings, and structures customarily incidental to any permitted or conditionally permitted use are allowed, and must conform to Chapter 1292 unless noted otherwise:
Accessory uses and structures
Fences and walls
Garages, carports, or other off-street parking for residents and guests
Home occupation
Outdoor storage
Satellite dishes
Swimming pools
Signs (governed by Chapter 1286)
§1276.04 — Conditional Uses (Planning Commission approval required under Ch. 1252)
Residential
Single-family detached dwelling, as allowed through the City's subdivision platting process
Public and Semi-Public
Clubs, fraternities, lodges, and similar organizations
Public parks, playgrounds, recreational and community center buildings and grounds
Public or private forests and wildlife reservations
Commercial
Billboards and outdoor advertising signs
Building materials sales yard
Commercial recreation
Contractor's equipment storage yard
Motor vehicle filling station, with or without convenience retail
Motor vehicle, truck, trailer, and farm implement sales and service
Off-street parking lots
Research and development facilities

Property Facts

Price $588,030 CAD
Sale Type Investment or Owner User
Sale Conditions
Ground Lease (Leasehold)
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.03 AC
No. Stories 1
Zoning B-3 Central Business Dist - B-3 Central Business District, retail, professional offices, and various business uses.

1 Lot Available

Lot

Price $588,030 CAD
Price Per AC $570,902.91 CAD
Lot Size 1.03 AC

This 1.03-acre remediated parcel at 210 Lima Street represents a rare shovel-ready foundation within Wapakoneta's B-3 Central Business District.

Description

210 Lima St, Wapakoneta, OH 45895 Property Title: Remediated Commercial Land | Available for Development Property Address: 210 Lima St, Wapakoneta, OH 45895 County: Auglaize County Parcel: B0701008600 Asset Class: Shovel-ready site for development Transaction Type: For Sale or For Lease 1. Summary This 1.03-acre remediated parcel at 210 Lima Street represents a rare shovel-ready foundation within Wapakoneta's B-3 Central Business District. Carrying a rich legacy as an 1800s buggy wheel manufacturer, the property offers a unique opportunity to transition from its buggy wheel roots to build the next 200-year legacy. Its complete environmental remediation and strategic positioning within an established commercial core near downtown provide the foundation for long-term operational value creation across retail, office, and mixed-use configurations. 2. Core Value Attributes Strategic Infrastructure Foundation: A fully remediated, 44,867 SF (1.03-acre) development site subject to final approvals and sold requiring no additional environmental mitigation, reducing pre-construction timelines and preserving capital allocation for vertical development. Zoning Versatility & Entitlement Durability: The B-3 Central Business District classification supports a broad spectrum of uses including retail stores, restaurants, professional offices, banks, entertainment venues, fitness centers, upper-floor residential units, and small-scale service or trade businesses. This provides long-term operational flexibility without restrictive single-use limitations. Development Potential: The vacant parcel acts as an ideal canvas for a versatile retail property, offering the potential to improve with a mixed-use development, offices, or retail with drive-thru lanes. Sale or lease will be subject to any final environmental review and approvals as fully shovel ready. 3. Regional Logistics & Operational Context Great Neighborhood: The property benefits heavily from its proximity to downtown and its placement within an established business district. Commercial Integration & Ecosystem Stability: Situated within Wapakoneta's established downtown commercial district, the site is anchored by compatible civic, retail, and service uses.

Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
B07-010-086-00
Land Assessment
$12,193 CAD
Improvements Assessment
$7,641 CAD
Total Assessment
$19,834 CAD
  • Listing ID: 41521153

  • Date on Market: 2026-08-01

  • Last Updated:

  • Address: 210 Lima St, Wapakoneta, OH 45895

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