301-311 River Rd 17,857 SF 100% Leased Retail Building Maumee, OH 43537 $1,100,000 ($61.60/SF)

This historic three-story commercial property, located at 301 River Road in Maumee, Ohio, offers a unique investment opportunity in the Uptown Commercial District. Constructed in 1836 and listed on the National Register of U.S. Historical Places, the building combines architectural heritage with modern functionality. The property spans approximately 0.47 acres and includes 40 parking spaces, two curb cuts, and updated site improvements such as a new patio and a recently painted exterior.
The building is fully occupied, featuring a mix of retail and office tenants. The first floor houses a restaurant, bar, coffee shop, and full kitchen, while the third floor is leased to a national wealth advisory firm. The second floor is currently configured as an event center with seating for approximately 120 guests, offering additional income potential. Recent upgrades include a new roof (2013), tuck-pointing, and interior enhancements.
With a projected 2026 net operating income of $80,134 and a gross scheduled rental income of $115,030, this property provides stable cash flow and long-term upside. Its location along River Road offers visibility and accessibility, with proximity to major routes and the Maumee River, making it a rare blend of historical significance and investment performance.