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101 Main St 42,555 SF Office Building Toledo, OH 43605 $395,000 ($9.28/SF)
Investment Highlights
- Located on hard corner with high traffic count ( approximately 35,000 AADT)
- Opportunity Zone, Potential for Tax Abatement, Historical Tax Credits, and located in an Opportunity Zone
- 75 Car on site parking
- Brand New Glass City MetroPark offers many amenities for tenants and potential owner/user
- Long Term tenants Michael's Bakery and H&R Block have occupied the building since for over30 years
- 80% of the roof replaced in 2022
Executive Summary
Located in an Opportunity Zone
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
42,555 SF
Building Class
C
Year Built
1888
Price
$395,000
Price Per SF
$9.28
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,333 SF
Building FAR
1.95
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
CS - CS - Storefront Commercial
Parking
75 Spaces (1.88 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Michael's Cafe & Bakery
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Michael's Cafe & Bakery | Accommodation and Food Services | - | - | - |
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Property Taxes
| Parcel Number | 17-02604 | Improvements Assessment | $13,825 |
| Land Assessment | $6,895 | Total Assessment | $20,720 |
Property Taxes
Parcel Number
17-02604
Land Assessment
$6,895
Improvements Assessment
$13,825
Total Assessment
$20,720
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Presented by
Lorenzen Realty
101 Main St
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