1015 New York Ave 60,804 SF Industrial Building Toledo, OH 43611 For Sale

PROPERTY OVERVIEW
An exceptional opportunity to acquire a fully operational, SQF-certified cold storage and food processing facility in Toledo, Ohio. Originally constructed in 1975 and comprehensively renovated in 2023 — including roof replacement, refrigeration system upgrade, electrical/power upgrade, and dock door improvements — this 60,804 SF facility is move-in ready for a wide range of food manufacturing, cold storage, and distribution users.
The building sits on approximately 10 acres with an additional ~6 acres of contiguous expansion land, providing meaningful runway for a growing operation.
BUILDING SPECIFICATIONS
60,804 SF cold storage / food processing facility
26' clear height
27 total dock doors, including 9 refrigerated dock positions
4 rail-served dock positions via active Watco rail spur
700-pallet freezer capacity at -10°F
Heavy power: 3,000 Amp, 3-phase electrical service
R-507A refrigeration system (recently upgraded)
SQF-certified food processing facility
2023 CAPITAL IMPROVEMENTS
The 2023 renovation addressed the building's major systems comprehensively: new roof, upgraded R-507A refrigeration system, electrical/power upgrades, and dock door improvements. This level of investment significantly reduces near-term capital requirements for an incoming owner-user.
SALE SITUATION
The property is offered for sale as a result of the owner's retirement. This is a rare, arm's-length opportunity to acquire an operating cold storage asset in the Toledo market — a building of this specification and SQF certification status seldom comes available.
LOCATION & LOGISTICS
1015 New York Ave. is strategically located within Toledo's industrial corridor with direct access to three major interstates: I-75, I-280, and the I-80/90 Ohio Turnpike. The property is served by a Watco rail spur, providing a competitive multimodal advantage.
The Port of Toledo — the fifth-busiest port on the Great Lakes — is minutes away, providing direct access to the Great Lakes/St. Lawrence Seaway system for bulk and break-bulk cargo movements.
Major market proximity (approximate driving distances):
Detroit, MI — 60 miles
Cleveland, OH — 115 miles
Columbus, OH — 145 miles
Cincinnati, OH — 200 miles
Chicago, IL — 245 miles
Pittsburgh, PA — 200 miles
This location places 1015 New York Ave. within overnight truck range of over 50% of the U.S. population — a critical advantage for food distribution and cold chain logistics operations.
IDEAL USES
The facility is well-suited for food and beverage manufacturers, cold storage and 3PL operators, food distributors, and frozen/refrigerated product companies seeking an SQF-certified, rail-connected platform in a central Midwest location. The ~6-acre expansion parcel adds optionality for additional warehouse development, truck courts, or trailer storage.
PRICING
Pricing available upon request. Qualified buyers are encouraged to contact the listing broker directly.