516-518 N Main Street new

Lima,OH 45801

$ 295000

- Bed

- Bath

7000 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $42

MLS Listing ID 1038065

Year Built 1887

Annual Tax Amount $1,594

Tax Year 2025

Lot Size 10,018 Sqft

Property Description

516-518 N Main St is located in Lima's new State of Ohio designated ''Entertainment District''. D5-J Ohio Liqueur License available for $2,350 with purchase of the building. Improvements include new roof and electric in 2020; new Gas Furnace, supplemental Heat Pump, Central AC Unit, and Water Heater in 2022. First floor has been remodeled with the removal of old plaster/drywall to expose the original brick walls and woodwork, drop ceilings were removed to restore the rooms to their original height, original hardwood flooring restored in the restaurant section, two newly remodeled bathrooms. The remodeled kitchen has been approved by the Allen County Health Dept and has a new commercial convection oven, no flame induction burner, refrigerator, three sinks, and new fixtures. The bar area has new flooring, bar from'' Louie's Nite Club days'', a 3-bay bar cooler, bar sink, ice bins, classic refrigerator and bar stools. Restaurant tables and chairs included. Second floor is ready to be finished with tall ceilings, original 1887 wooden doors with transoms, original hardware, and 12'' baseboard. Parking lot 6,000sf.

Location

State OH

County Allen

Area 599 Outside / All Other Areas

Zoning Business

Rooms

Basement Block

Interior

Heating Forced Air,Heat Pump

Cooling Central Air

Exterior

Exterior Feature Brick

Building

Sewer Public Sewer

Water Supplied Water

Others

Financing Cash,Conventional

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