516-518 N Main Street, Lima

$295,000

0 Bed
2 Baths
7,000 Sqft
.23 Acre
0 Garage

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.

Essential Information
MLS® #306767
Price$295,000
Bathrooms2.00
Square Footage7,000
Acres0.23
Year Built1887
TypeCommercial Sale
Sub-TypeBusiness
StatusActive
Community Information
Address516-518 N Main Street
CityLima
CountyAllen
StateOH
Zip Code45801
Amenities
ParkingSee Remarks, Private
Utilities

Sewer Connected, Water Connected

Interior
CoolingCentral Air
# of Stories2
Heating

Forced Air, Heat Pump, Combination, See Remarks

Exterior
RoofFlat
ConstructionBrick
Additional Information
Date ListedApril 14th, 2025
Days on Market3
ZoningCommercial
Listing Details
AgentCraig Kohli
Office

Berkshire Hathaway Professional Realty

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West Central Association of Realtors LogoCopyright © 2025, West Central Association of REALTORS®MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Listing information last updated on April 18th, 2025 at 8:00pm EDT.