1355 N Cole Street, Lima

$299,000

0 Bed
2 Baths
25,800 Sqft
.39 Acre
0 Garage

Prime commercial opportunity with immediate cash flow! This established restaurant and bar property is currently active under a short-term lease, making it an ideal 'turn-key' investment or a future site for your own business.

The property features a 1,056 sq. ft. main building currently utilized for food service, plus a massive 15,000 sq. ft. secondary building, all situated on a 0.39-acre lot in American Township. With high-visibility frontage on N Cole Street and traffic counts exceeding 10,000 vehicles per day, this location offers incredible exposure. Whether you choose to maintain the current tenant or transition to a new venture, this versatile site provides the space and traffic needed for long-term success. Located just minutes from Elida Rd and Robb Ave retail corridors.

Essential Information
MLS® #308334
Price$299,000
Bathrooms2.00
Square Footage25,800
Acres0.39
Year Built1986
TypeCommercial Sale
Sub-TypeRetail
StatusActive
Community Information
Address1355 N Cole Street
SubdivisionHomewood Subdivision
CityLima
CountyAllen
StateOH
Zip Code45805
Amenities
ParkingPrivate, Unpaved
Interior
HeatingForced Air
CoolingCentral Air
# of Stories1
Exterior
ConstructionBlock, Steel Siding
Additional Information
Date ListedSeptember 24th, 2025
Days on Market102
Listing Details
AgentDewey Mullett
Office

Berkshire Hathaway Professional Realty

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Listing information last updated on January 17th, 2026 at 4:44am EST.