1355 Cole
Lima, OH 45805
MLS #308334
About this home
'Prime commercial opportunity with immediate cash flow! This versatile N Cole Street property features a thriving tenant currently producing $2,000 per month in rental income. Perfect as a turn-key investment with a tenant eager for a long-term commitment, or adaptable for an owner-occupant looking to transition the space for their own venture. The property features a 1,056 sq. ft. main building plus a massive 15,000 sq. ft. secondary building on a 0.39-acre lot in American Township. Boasting high-visibility frontage and traffic counts exceeding 10,000 vehicles per day, this location offers incredible exposure just minutes from the Elida Rd and Robb Ave retail corridors.'
Property details
- Lot size
- 16,988 sqft
- Listed
- 5/21/2026
- Listing office
- Berkshire Hathaway Professional Realty
- Listing agent
- Dewey Mullett
- ZIP
- 45805
- Status
- Active
Commercial loan estimator
Estimated monthly
$2,489
per month, all-in
- Principal & interest
- $1,841
- Property tax
- $449
- Insurance
- $200
Commercial loans typically require 20–30% down, 5–25 year terms, and may include balloon payments. Estimates only — actual terms depend on lender, DSCR, and property cash flow. Contact LV5 for a referral to a trusted commercial lender.
Location & walkability
Neighborhood walkability coming soon
We're enabling Walk Score® on every listing. In the meantime, the map shows the exact location. Call (419) 302-3940 for detailed neighborhood insight.
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