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1616 Cherry St 0.22 Acres of Commercial Land Offered at $279,000 in Toledo, OH 43608
Investment Highlights
- Prime commercial development opportunity
- Minutes from Downtown Toledo and the Warehouse District
- Strong daytime population driven by healthcare, government, and business employment
- Excellent frontage and visibility along Cherry Street
- Near Mercy Health – St. Vincent Medical Center and ProMedica Headquarters
- Located within an active redevelopment corridor benefiting from continued public and private investment
Property Facts
| Price | $279,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.22 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | CR - Regional Commercial | ||
| Price | $279,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.22 AC |
| Opportunity Zone |
Yes |
| Zoning | CR - Regional Commercial |
1 Lot Available
Lot
| Price | $279,000 | Lot Size | 0.22 AC |
| Price Per AC | $1,268,181.82 |
| Price | $279,000 |
| Price Per AC | $1,268,181.82 |
| Lot Size | 0.22 AC |
Description
For Sale | Prime Commercial Development Site 1616 Cherry St, Toledo, OH 43608 Position your next development in one of Toledo's most strategic commercial corridors. 1616 Cherry Street offers an exceptional opportunity to acquire a highly visible commercial parcel in a rapidly evolving area just minutes from Downtown Toledo. With outstanding frontage along Cherry Street and excellent accessibility, this property is well-suited for developers, investors, and owner-users seeking a site with long-term growth potential. Located on a major arterial connecting Downtown Toledo to the city's northern neighborhoods, the property benefits from strong daily traffic counts, excellent visibility, and close proximity to some of the region's largest employment and healthcare centers. The surrounding area continues to experience significant public and private investment, making this an ideal location for future commercial development. Just minutes away are Mercy Health – St. Vincent Medical Center, the ProMedica campus, Downtown Toledo, the Warehouse District, and numerous entertainment and cultural destinations, providing a built-in customer base and strong daytime population. Whether you're planning retail, medical, office, restaurant, financial services, or another commercial project, this site offers the visibility, accessibility, and market fundamentals to support a successful development.
Property Taxes
| Parcel Number | 02-01634 | Improvements Assessment | $0 |
| Land Assessment | $1,855 | Total Assessment | $1,855 |
Property Taxes
Contacts
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Brian Smith -
Robert Champion -
Mark Edelsberg -
Roschman Enterprises | Florida Equities Commercial
