101 Main St 42,555 SF 72% Leased Retail Building Toledo, OH 43605 $595,000 ($13.98/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
Retail
Property Subtype
Storefront Retail/Office
Building Size
42,555 SF
Building Class
C
Year Built
1888
Price
$595,000
Price Per SF
$13.98
Percent Leased
72%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.95
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
75 Spaces (1.88 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17-02604 | Improvements Assessment | $13,825 |
| Land Assessment | $6,895 | Total Assessment | $20,720 |
