$295,000

516-518 N Main Street, Lima, OH 45801

  • 2 baths |
  • 7,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1887
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $42/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
April 16, 2025 at 05:00AM
Listing Office:
Berkshire Hathaway Professional Realty : 419-331-7653
Listing Agent:
Craig Kohli : 419-236-1135
MLS ID:
306767
  • Flooring: Wood
  • A/C: Central Air
  • Heating: Forced AirHeat PumpCombinationSee Remarks

This listing courtesy of Craig Kohli, Berkshire Hathaway Professional Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

I

Independence Elementary School

615 Tremont Ave, Lima, OH, 45801

Grades PK-4

0.73 miles away

L

Liberty Arts Magnet K-8

338 W Kibby St, Lima, OH, 45804

Grades KG-8

1.06 miles away

L

Lima Senior High School

1 Spartan Way, Lima, OH, 45801

Grades 9-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.