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3230 W Elm St
Lima, OH 45805
Rite Aid · Retail Property For Sale

Investment Highlights

  • Situated at the signalized intersection of W Elm Street and S Eastown Road.

Executive Summary

Former Rite Aid available for lease at the signalized intersection of W. Elm Street and S. Eastown Road in Lima, Ohio. This 14,565 SF freestanding retail building sits on 2.06 acres and features an existing drive-thru, 65 parking spaces, and a highly visible pylon sign.
The property is zoned B-2 General Business, allowing for a wide range of retail, medical, pharmacy, healthcare, fitness, financial, and service-oriented uses. Its prominent corner location offers excellent visibility and accessibility along one of Lima's established commercial corridors.
Surrounding retailers include Circle K, Readmore's Hallmark Shop, Bindel's, and Old Barn Restaurant & Grill, with additional national retailers located throughout the surrounding trade area. The combination of existing infrastructure, flexible layout, and strong location makes this an excellent opportunity for retailers, medical users, and other commercial tenants seeking a high-profile presence in the Lima market. Lease rate is negotiable.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,565 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.05 AC
Zoning
B-2 - General Business District
Parking
62 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
309’ on W Elm St

Amenities

  • Signage
  • Signalized Intersection
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
36-34-07-02-007.000
Land Assessment
$140,798 CAD
Improvements Assessment
$453,743 CAD
Total Assessment
$594,542 CAD
  • Listing ID: 36299592

  • Date on Market: 2025-06-18

  • Last Updated:

  • Address: 3230 W Elm St, Lima, OH 45805

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