Foreclosure
Address
902 N Cable Road Lima, OH
Price
$ 3,400,000
Property Attributes
  • MLS#203533
  • TypeCommercial
  • CountyALLEN
  • CityLima
  • Zip45805
  • Style
  • Taxes34000
  • Price$ 3,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage36947
Listing Provided Courtesy Of:
APRIL LANE with PRODIGY PROPERTIES
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

Price History
12/16/2020 Listed $3,400,000

General Features

Lease Type Not for Lease

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 45805

Price
AVG $450K
$3.4M
Taxes
AVG $7,845
$34,000
Visits
AVG 33
12
Walkscore
AVG 46
56
Data Provided by Walkscore ® not using MLS data

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