Property Description

516-518 N Main St is located in Lima’s new State of Ohio designated ”Entertainment District”. D5-J Ohio Liqueur License available for $2,350 with purchase of the building. Improvements include new roof and electric in 2020; new Gas Furnace, supplemental Heat Pump, Central AC Unit, and Water Heater in 2022. First floor has been remodeled with the removal of old plaster/drywall to expose the original brick walls and woodwork, drop ceilings were removed to restore the rooms to their original height, original hardwood flooring restored in the restaurant section, two newly remodeled bathrooms. The remodeled kitchen has been approved by the Allen County Health Dept and has a new commercial convection oven, no flame induction burner, refrigerator, three sinks, and new fixtures. The bar area has new flooring, bar from” Louie’s Nite Club days”, a 3-bay bar cooler, bar sink, ice bins, classic refrigerator and bar stools. Restaurant tables and chairs included. Second floor is ready to be finished with tall ceilings, original 1887 wooden doors with transoms, original hardware, and 12” baseboard. Parking lot 6,000sf.

Features
: Heat Pump, Forced Air, See Remarks, Combination
: Central Air
: Private, See Remarks
: Sewer Connected, Water Connected
: Wood
Address Map
Main
516-518
Street
45801
W85° 53' 43''
N40° 44' 46.7''
Corner of N Main St and W McKibben St.
N
Additional Information
Berkshire Hathaway Professional Realty
Craig Kohli
95_13
Listing information © 2025 West Central Association of Realtors MLS
Listing provided by Craig Kohli of Berkshire Hathaway Professional Realty : .

516-518 Main Street, Lima, Ohio

516-518 Main Street, Lima, Ohio

10,000 Sqft
Visits : 121 in 45 days
$295,000
Listing ID #306767
Basic Details
Status : Active
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 306767
Price : $295,000
Baths Total : 2
Year Built : 1887
Lot Area : 10,000 Sqft
Country : US
State : OH
County : Allen
City : Lima
Property Sub Type : Business
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