(FOR SALE) INCOME PRODUCING 701 Vine St 150,000 SF Industrial Building Lima, OH 45804 $1,900,000 ($12.67/SF) 8% Cap Rate

Introducing an exceptional investment opportunity - the INVESTMENT INDUSTRIAL BUILDING located at 701 W. VINE STREET, LIMA, OH 45804.
This income-producing property boasts 150,000 SF of space with a spacious warehouse featuring clear heights of 12' - 20' and 4 docks. Additionally, it includes a large fenced lot, ample parking with 100 spaces, and a tenant in place since 2006. With a sale price of $1,900,000 and a solid 8% Cap Rate, this fully leased building offers a fantastic investment opportunity with below-market rents - offering potential for increased returns.
The property is zoned Second Industrial Heavy, featuring a second-floor space of 30,000 SF, 700 SF of office space, and a 5.16-acre land parcel.
Don't miss out on this outstanding industrial/warehouse facility with steady income generation - perfect for investors seeking a lucrative opportunity in the thriving industrial sector.
Contact us for more information before this prime property is snapped up!
Tim Echemann, Principal Broker at (937) 492-4423 or techemann@ipbindustrial.com, or
Conrad Echemann, Sales Associate at (937) 492-4423 or conrad@ipbindustrial.com