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127 N Elizabeth St
Lima, OH 45801

$1,100 - $2,188 USD/MO

Apartments For Lease  •  1,100+ SF

Property Details

  • Property Type Apartments
  • Year Built 2021
  • Total Building Size 67,381 SF
  • Building Class B
  • Zoning C1BR
31 Transit Score
83 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 101 Office/Retail 1,250 SF $12.00 USD/SF/YR
Benefits from large glass display windows on two sides and an abundance of natural light. The suite also has access through the Arcade entrance.

  • Date available: Now
  • Lease term: 1 - 10 Years
  • Service type: Double Net
  • Space Type: Relet
  • In Contiguous block: 3,270 SF
1st Floor Ste 104 Office/Retail 1,100 SF $12.00 USD/SF/YR
Benefits from large glass display windows on two sides and an abundance of natural light. The suite also has access through the Arcade entrance.

  • Date available: Now
  • Lease term: 1 - 10 Years
  • Service type: Double Net
  • Space Type: Relet
1st Floor Ste 105 Office/Retail 2,020 SF $13.00 USD/SF/YR
A display window is available on one side and an outdoor view is available on the other side. Historical features are included.

  • Date available: Now
  • Lease term: 1 - 10 Years
  • Service type: Double Net
  • Space Type: Relet
  • In Contiguous block: 3,270 SF

Description

The Metro Center Business Arcade at 127 North Elizabeth Street in Downtown Lima is a six-story mixed-use building offering customizable ground-floor spaces with flexible layouts. Located at the signalized intersection of North West Street and West High Street. These suites are ideal for salons, restaurants, professional service firms, or boutique retailers, and benefit from high visibility and consistent foot traffic, with over 3,000 vehicles passing daily. The building also houses 33 residential units on the upper floors, providing a built-in customer base for businesses. 
  
Located near the medical district, anchored by St. Rita’s and Lima Memorial Hospitals, and across from the Wingate Hotel and a four-story parking garage. This is a highly accessible location with bus line access. Metro Center Arcade is positioned in a rapidly growing area with over $100 million in recent investments. The surrounding population of 90,000 within a 10-mile radius and consumer spending exceeding $1 billion make it a prime location for retail and service businesses. 
  
The Business Arcade features white box-ready spaces available for lease, allowing incoming businesses to personalize their design. With on-site parking, building security, and proximity to Route 65 and Interstate 75, the Metro Center offers unmatched convenience and exposure. Formerly the headquarters of Metropolitan Bank, the building blends historic charm with modern amenities, including upscale loft-style apartments for professionals. Residents enjoy access to restaurants, shopping, and entertainment just steps away, making the Metro Center a vibrant hub for both living and business in one of Ohio’s fastest-growing downtowns.

Highlights

Metro Center at 127 North Elizabeth Street offers ground-floor retail suites under 33 residential units on the upper floors.
Perfectly situated a stone's throw from a medical district featuring St. Rita's and Lima Memorial Hospitals, which provide increased foot traffic.
Provides retailers with high visibility along North Elizabeth Street with a desirable location at the center of Downtown Lima.
Lima is the fourth fastest-growing city in the region, with significant investments totaling over $100 million in recent years.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Dishwasher
  • Disposal
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Heating
  • Furnished Units Available
  • Grill
  • Kitchen
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Maintenance on site

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 54
Type: Surface
Included in Rent: Yes
Bill Walter 567-371-7812 Walter Development Enterprises
Bill Walter 567-371-7812 Walter Development Enterprises