LIMA — The building that housed National Overstock Liquidation of Ohio at 405 Findlay Road was destroyed by fire early Monday.
NOLO Pallets is a business that sells full and partial pallets of merchandise and individual items, usually returns from Amazon, Target, Walmart and other businesses.
Brandon Barrett, owner and CEO of NOLO Pallets, was in shock when he first heard about the fire.
“I honestly thought when I got down there, I said, ‘You’ve got a shot,’” Barrett said. “We had a chance to get that thing put out. I was thinking maybe we get away with some smoke damage, but once it hit that ceiling — it’s all wood, and then once you hit the pallets, you’ve got no chance.”
Around 4:30 a.m., an Allen County Sheriff’s Office deputy noticed flames coming from the rear of the building, on the Jackson Street side.
Lima fire crews called for a second alarm and were assisted by American Township and Shawnee Township fire departments, who brought their ladder trucks to fight the fire from above.
Investigators are still looking for a cause. It’s hoped closed-circuit cameras at nearby properties will help in determining how the fire started.
The property, constructed in 1930, is owned by JNK Properties LLC and is valued at $103,700, according to the Allen County Auditor’s website. A damage estimate wasn’t available Monday, but firefighters say the building was a total loss.
As for the future, Barrett is still trying to figure that out.
“I really have no clue what we’re going to do,” Barrett said. “We have a good following here. I’ll sit down and figure it out. I’m sure that there are opportunities out there for us, but I just don’t know where we’re going to go yet.”
Barrett, who was leasing the building, indicated the merchandise inside that was destroyed was not insured.
“For us, there are significant losses because of the merchandise,” Barrett said. “And then whatever else comes from the building itself, and we don’t know, it’s going to hit us pretty hard. But we’ll recover, I guess.”
Reach Sam Shriver at 567-242-0409.