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    902 N Cable Road

    Lima, OH 45805
    • $2,999,999
    • STATUS: Active
    • ON SITE: 149 days
    • MLS #: 203533
    Foreclosure
    UPDATED: 57 min ago
    $2,999,999
    • 0
      BEDS
    • 0
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 36,947
      SQFT
    • $81
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    School District:

    Description

    Professionally rehabbed REO SALE! Turnkey investment opportunity, a perfect fit for a 1031 Exchange. Anchored by Dollar General, is a 100% occupied, ~37,000 SF shopping center. With zero rent concessions & 100% collections during unprecedented times, this property has remained COVID-proof. Property is situated at the corner of a signalized intersection w/in a busy retail corridor w/frontage & entrances on 3 different streets. Nearly $500,000 was put into this Fall / Winter capital improvement project, curing deferred maintenance in a multitude of ways. Enhancements include, a new roof w/ warranty, front parking lot repaired, resealed & striped, 16 security cameras & a gorgeous mural professionally painted on the side of the building paying tribute to the history of Lima. Long term tenants in place w/ long term leases being completed this week. Property includes a two-sided billboard, pylon signage for all tenants, a drive-up window, and a UPS Drop Box.Utilities are paid for by tenants

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    © 2021 West Central Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or CCR, Realtors. Data last updated: 2021-05-15T21:40:38.877.
    www.ccrrealtors.com/homes/112643336
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    902 N Cable Road Lima, OH 45805

    • Price: $2,999,999
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 203533
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0
    Acres
    36,947
    SQFT
    $81
    $/SQFT
    Neighborhood:
    Lima
    Area:
    Lima
    School District:
    Lima
    Property Description
    Professionally rehabbed REO SALE! Turnkey investment opportunity, a perfect fit for a 1031 Exchange. Anchored by Dollar General, is a 100% occupied, ~37,000 SF shopping center. With zero rent concessions & 100% collections during unprecedented times, this property has remained COVID-proof. Property is situated at the corner of a signalized intersection w/in a busy retail corridor w/frontage & entrances on 3 different streets. Nearly $500,000 was put into this Fall / Winter capital improvement project, curing deferred maintenance in a multitude of ways. Enhancements include, a new roof w/ warranty, front parking lot repaired, resealed & striped, 16 security cameras & a gorgeous mural professionally painted on the side of the building paying tribute to the history of Lima. Long term tenants in place w/ long term leases being completed this week. Property includes a two-sided billboard, pylon signage for all tenants, a drive-up window, and a UPS Drop Box.Utilities are paid for by tenants
    Property Features

    Association Fee No Fema Flood Zone No Financial Cash Lease Type Not For Lease Sale Type Reo Zoning Commercial

    Listing information © 2021 West Central Association of Realtors MLS
    Listing provided courtesy of April Lane of Prodigy Properties



    © 2021 West Central Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or CCR, Realtors. Data last updated: 2021-05-15T21:40:38.877.
     
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    CCR, Realtors
    1737 Allentown Road
    Lima OH, 45805