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
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.
Supplements: ********
More Information MLS# 220011982
Location & Property Info
City (Mailing Addr): Lima
Corp LimitPerAuditor: Shawnee
Location of business is:: Owned
Office/Contract Info
For Sale: Yes
General Property Info
Business Description: Self Storage
Acreage: 9.6
Tax Info
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 36341002033000
36341002032000
36341002031000
36341002029000
36341002028000
36341004022000
36341004023000
36341004021001
36341004020001
36341004020000
36341004019001
36341004019000
Taxes (Yrly): 2331
Parcel #: 36-34-10-02-034.000
Tax Year: 2019
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: 1
Bus Financial Info
From: 2019-01-01
Through: 2019-12-31
Gross Sales: 780821.52
Net Before Taxes: 452671.8
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 7000000
Sold Price: $6,500,000
Property Sub Type: Retail
Street #: 2913
Street Name: Vera
Street Suffix: Way
County: Allen
State: OH
Zip Code: 45805
Township: American
OfficeContract Info
Status: Closed
MLS Entry Date: 2020-03-26
Status Change Info
Under Contract Date: 2020-11-25
Sold Date: 2020-11-30
Sold Price: $6,500,000
Property Features
Addl Acceptance Cond: None Known
MLS Primary PhotoSrc: Realtor Provided
Listing Office: SVN Wilson Commercial
Listing Agent: Kristen 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 2020 Columbus Board of Realtors. All rights reserved.
