618 2nd St 7,980 SF Retail Building Toledo, OH 43605 $249,500 ($31.27/SF)

This unique two-story property offers 7,980 square feet of adaptable space in East Toledo’s revitalizing district. Positioned within a Qualified Opportunity Zone, the asset provides significant tax advantages for investors seeking long-term growth. Originally constructed in 1953 as Toledo’s first postal substation, the building retains distinctive architectural elements, including original catwalks and structural features that lend themselves to creative redevelopment concepts.
Located just two blocks from the $225 million Glass City Metropark and the recently completed $28.5 million Riverwalk infrastructure project, the property benefits from a surge of public and private investment in the area. The site offers 124 feet of frontage along 2nd Street, a box-truck-compatible loading dock, and adjacency to a retail center with ample excess parking. With its flexible CS zoning and proximity to major highways (I-75 and I-280), this property is well-suited for adaptive reuse, including hospitality, retail, or mixed-use concepts.
Investors will appreciate the property’s strategic location within a growing urban core, supported by over $167 million in secured funding for riverfront redevelopment. This is a rare opportunity to acquire a historically significant building with strong upside potential in a market undergoing transformative change.