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Investment Highlights

  • High-visibility retail corridor minutes from Sylvania and established shopping areas.
  • Flexible single or multi-tenant layout with landlord willingness to offer TI for qualified tenants.
  • Convenient access to major highways, including I-475, US-23, and US-24.
  • Newly renovated façade, roof, and modernized mechanical systems for reduced capital expenditure.
  • Corner location with strong signage exposure and traffic count exceeding 5,286 VPD.
  • Ample on-site parking with approximately 50 surface spaces available.

Executive Summary

Opportunity to acquire a neighborhood retail center located in Northwest Toledo’s established Douglas Road corridor. The property spans approximately 6,900 square feet and sits on a 0.78-acre lot with visibility along a high-traffic retail corridor. Positioned near the Sylvania trade area, the site includes a corner location with strong frontage and signage potential at the intersection of Douglas Rd and Paradise Ave.
The building has a new façade, roof, and upgraded electrical and HVAC systems, providing a modern infrastructure for investors or future users. Shell condition allows repositioning through lease-up or a user-occupier strategy, and zoning under CN–Neighborhood Commercial accommodates multiple retail, medical, or service concepts. The property benefits from convenient access to I-475/US 23, a nearby residential base, and regional retailers, making it an attractive long-term hold for value-add investors.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,900 SF
Building Class
C
Year Built
1967
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.20
Lot Size
0.78 AC
Zoning
C-25 - Commercial
Parking
39 Spaces (6.33 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,900 SF
  • Office/Retail
  • -
  • Now

6,900 SF of flexible retail space is now available for tenancy in Northwest Toledo. The site offers excellent positioning along a well-traveled Douglas Road corridor, with proximity to the Sylvania trade area. Delivered as shell space, the building supports a build-to-suit approach for single or multi-tenant configurations, ideal for retail, medical, or professional uses. The property includes key upgrades such as a new roof, updated HVAC and electrical systems, and metered utilities per unit. With strong traffic counts of over 5,200 vehicles per day and 50 on-site parking spaces, the location is equipped for significant customer convenience. Nearby access to Interstate 475 and other regional highways enables connectivity throughout Toledo’s commercial districts.

Space Size Space Use Position Available
1st Floor 6,900 SF Office/Retail - Now

1st Floor

Size
6,900 SF
Space Use
Office/Retail
Position
-
Available
Now

1st Floor

Size 6,900 SF
Space Use Office/Retail
Position -
Available Now

6,900 SF of flexible retail space is now available for tenancy in Northwest Toledo. The site offers excellent positioning along a well-traveled Douglas Road corridor, with proximity to the Sylvania trade area. Delivered as shell space, the building supports a build-to-suit approach for single or multi-tenant configurations, ideal for retail, medical, or professional uses. The property includes key upgrades such as a new roof, updated HVAC and electrical systems, and metered utilities per unit. With strong traffic counts of over 5,200 vehicles per day and 50 on-site parking spaces, the location is equipped for significant customer convenience. Nearby access to Interstate 475 and other regional highways enables connectivity throughout Toledo’s commercial districts.

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Planet Fitness
Stop & Shop
Huntington National Bank
Starbucks
Tim Hortons
Kroger
PNC Bank
Rent-A-Center
KeyBank
Citizens Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 23-66307
  • 23-66301
  • 23-66304
Land Assessment
$29,680
Improvements Assessment
$97,895
Total Assessment
$127,575
  • Listing ID: 40407197

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 5074 Douglas Rd, Toledo, OH 43613

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