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311 Lagrange St 21,120 SF 1% Leased Office Building Toledo, OH 43604 $2,000,000 ($94.70/SF)
INVESTMENT HIGHLIGHTS
- Up and coming area with re-development activity.
- Includes lot across the street at 930 N Summit.
- Structurally sound.
EXECUTIVE SUMMARY
Structurally sound multi story building for commercial and/or residential use (new roof 2020) with 3/4 acre+ lot directly across the street. Lot has 166' of frontage on busy Summit Street (15K vehicles per day). River side of lot is directly across from the closest undeveloped waterfront access property downtown (owned by City of Toledo). Property is located in a Federal Opportunity Zone. Property is adjacent to a $10MM development.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
21,120 SF
Building Class
C
Year Built/Renovated
1892/1970
Price
$2,000,000
Price Per SF
$94.70
Percent Leased
1%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,280 SF
Slab To Slab
13’
Building FAR
0.53
Lot Size
0.92 AC
Opportunity Zone
Yes
Zoning
CR & CO - CR - Regional Commercial / Office Commercial
AMENITIES
- Restaurant
- Security System
- Signage
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 15-43207 | Improvements Assessment | $42,035 |
| Land Assessment | $11,970 | Total Assessment | $54,005 |
PROPERTY TAXES
Parcel Number
15-43207
Land Assessment
$11,970
Improvements Assessment
$42,035
Total Assessment
$54,005
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Presented by
Nooney Companies
311 Lagrange St
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