1355 Cole
Lima, OH 45805
MLS #308334
Listing courtesy of Berkshire Hathaway Professional Realty · Dewey Mullett · Source: WCAR MLS
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 1200 sq. ft. secondary building with 10' wide 11' 6' high garage doors at either end, 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
- 9/24/2025
- Listing office
- Berkshire Hathaway Professional Realty
- Listing agent
- Dewey Mullett
- ZIP
- 45805
- Status
- Active
Listing information
Listing courtesy of Berkshire Hathaway Professional Realty · Dewey Mullett · Source: WCAR MLS
MLS #308334 · Source: WCAR MLS
IDX information is provided by the West Central Association of REALTORS® MLS (WCAR MLS) and MLS Now 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 or leasing. Information is deemed reliable but is not guaranteed accurate by the MLS, and properties may no longer be available. Each listing is identified with the name of its listing brokerage.
Commercial loan estimator
Estimated monthly
$2,336
per month, all-in
- Principal & interest
- $1,718
- Property tax
- $419
- 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.
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