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4782 Monroe St
Toledo, OH 43623
Retail Property For Sale
Investment Highlights
- 6,878 SF Building Situated on 1.3094 Acre
- Prime location for possible redevelopment on the busy Monroe St retail corridor
- Located in an Established West Toledo/Sylvania Retail Corridor, Estimated Population of +/- 218,000 within 5 mi
- Free-Standing, Fully-Equipped Restaurant For Sale or For Lease
- Ideal for a Quick-Service or Full-Service Restaurant Reuse
- Minutes from Franklin Park Mall, ProMedica Flower Hospital, Dining, I-475 and US 23
Executive Summary
4782 Monroe Street is a 6,878 SF freestanding retail/restaurant building, constructed in 1950, offers great potential for retail investors. This property is situated on twelve parcels, totaling 1.3094 Acres, having ample on-site parking and high visibility along Monroe Street. It is zoned CR to accommodate a wide range of retail uses, the property presents a compelling opportunity for businesses seeking a strategic location with approximately 21,000 vehicles passing by every day.
Conveniently located in Toledo, Ohio, the area surrounding the property offers a vibrant and diverse retail area. The location is in close proximity to popular attractions such as Franklin Park Mall, providing plenty of opportunities for retail and street retail investors. The area hosts a mix of national and local retailers which presents a strong draw for potential customers. Additionally, the property benefits from easy access to major roadways, allowing excellent visibility and accessibility for businesses. Retail investors will appreciate the market and the potential for growth in this thriving area.
Conveniently located in Toledo, Ohio, the area surrounding the property offers a vibrant and diverse retail area. The location is in close proximity to popular attractions such as Franklin Park Mall, providing plenty of opportunities for retail and street retail investors. The area hosts a mix of national and local retailers which presents a strong draw for potential customers. Additionally, the property benefits from easy access to major roadways, allowing excellent visibility and accessibility for businesses. Retail investors will appreciate the market and the potential for growth in this thriving area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,878 SF
Building Class
C
Year Built
1950
Price
$1,375,600
Price Per SF
$200
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.30 AC
Zoning
CR - Designated for larger-scale commercial activities that serve a regional market, such as shopping centers, large retail stores, etc.
Parking
40 Spaces (5.82 Spaces per 1,000 SF Leased)
Frontage
241’ on Monroe St
Amenities
- Pylon Sign
Property Taxes
| Parcel Numbers | Improvements Assessment | $139,335 | |
| Land Assessment | $216,405 | Total Assessment | $355,740 |
Property Taxes
Parcel Numbers
Land Assessment
$216,405
Improvements Assessment
$139,335
Total Assessment
$355,740
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