2913 Vera Way, Lima, OH 45805
$6,500,000
Property Type:
Business Opportunity
Lot Size (sq. ft.):
418,176
Status:
Closed
Current Price:
$6,500,000
List Date:
4/21/2020
Last Modified:
2/07/2025
Overview
Description
Final Phase construction on American Self Storage was Just completed
Summer 2019 and occupancy has quickly reached 87% on this 106,050 SF
Self Storage Property. The property has a lighted marquis sign, 2 electronic
gates and is paved and fully fenced. Rates are below market and there are
no administrative fees or tenant insurance program. Possible corner lot
could be included for a much needed parking or climate control expansion.
The property is located on a prime retail site by the Regal Cinema and is
close to the Lima Mall, Downtown Lima, and The University of Northwest
Ohio. Included in the sale is a high-traffic Pennzoil and 5-bay car wash with new credit card system for easy management. Drive By traffic counts are approximately 10,000+ cars per day.
Listing Details MLS# 220011982
Location Property Info
- Original List Price
- 7000000
- Property Sub Type
- Retail
- Street #
- 2913
- Street Name
- Vera
- Street Suffix
- Way
- County
- Allen
- State
- OH
- Zip Code
- 45805
- Township
- American
OfficeContract Info
- MLS Entry Date
- 2020-03-26
General Property Info
- Business Description
- Self Storage
- Acreage
- 9.6
Tax Info
- Parcel #
- 36-34-10-02-034.000
- Mult Parcels/Sch Dis
- Yes
- Addl Parcel Numbers
- 36341002033000 36341002032000 36341002031000 36341002029000 36341002028000 36341004022000 36341004023000 36341004021001 36341004020001 36341004020000 36341004019001 36341004019000
- Tax Year
- 2019
- Taxes (Yrly)
- 2331
Status Change Info
- Under Contract Date
- 2020-11-25
- Sold Date
- 2020-11-30
Bus Financial Info
- From
- 2019-01-01
- Through
- 2019-12-31
- Gross Sales
- 780821.52
- Net Before Taxes
- 452671.8
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- City (Mailing Addr)
- Lima
- Corp LimitPerAuditor
- Shawnee
- Location of business is:
- Owned
Office/Contract Info
- For Sale
- Yes
Remarks & Misc
- Property Description
- Final Phase construction on American Self Storage was Just completed Summer 2019 and occupancy has quickly reached 87% on this 106,050 SF Self Storage Property. The property has a lighted marquis sign, 2 electronic gates and is paved and fully fenced. Rates are below market and there are no administrative fees or tenant insurance program. Possible corner lot could be included for a much needed parking or climate control expansion. The property is located on a prime retail site by the Regal Cinema and is close to the Lima Mall, Downtown Lima, and The University of Northwest Ohio. Included in the sale is a high-traffic Pennzoil and 5-bay car wash with new credit card system for easy management. Drive By traffic counts are approximately 10,000+ cars per day.
Income/Expenses
- Gross Income
- 553276.2
- Net Operating Income
- 387293.34
- Total Expenses
- 165982.86
Addl Acceptance Cond
- None Known
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
SVN Wilson Commercial
Listing Agent:
Kristen H Asman
Last Updated: February - 07 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.