Closed

1400 Allentown

Lima, OH 45805

$230,000

MLS #306436

Type

Commercial

Lot

13,329 sqft

Year Built

1956

About this home

Wow! This commercial space is sure to please. It offers over 3300 sq ft, 2 bathrooms, 16 parking spaces, plus employee parking! Other features include luxury vinyl flooring, updated furnace and cooling (less than 5 years old), and a roof approximately 9 years old. This property is located in a high traffic area, with a traffic count of approximately 9300. This space is near an intersection and close to other popular businesses. The parking lot is in excellent condition. Current landlord is getting $2900 per month. This property is a must see! Schedule your showing today.

Property details

Lot size: 13,329 sqft
Listed: 5/21/2026
Listing office: Cowan, Realtors
Listing agent: Mark Bush
ZIP: 45805
Status: Closed

Commercial loan estimator

Purchase priceDown payment — 25% ($57,500)

Interest rate

Loan term

Property tax

%/yr

Insurance

HOA / fees

Estimated monthly

$1,961

per month, all-in

Principal & interest: $1,416
Property tax: $345
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.