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Executive Summary

Available Commercial/Retail Building for Sale - $890,000.00 in Toledo, OH
Single tenant free-standing former Family Dollar building available for sale by owner at 5126 N Summit Street in Toledo, OH. The building is 8,191 SF on 0.35 acres of land. Property was built 1985 but fully renovated in 2021.
12 minute drive to Downtown Toledo and The University of Toledo.
Strong demos - 8,000 + people reside within 1 mile radius of site. 20,000 + people reside within 3 mile radius of site.
10,900+ daytime employees within 3 mile radius of site.
High traffic counts 12,000+ vehicles pass site daily on N Summit Street.
Average household income exceeds $72,000 winthin 1 mile radius of site.
Purchase price is $890,000.00.
No reasonable offer turned away with proper credit. Please call David Koenig at 845-639-1292, extension 202, with any questions or to schedule a tour of the premises.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,191 SF
Building Class
C
Year Built
1985
Price
$890,000
Price Per SF
$108.66
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.54
Lot Size
0.35 AC
Zoning
CR - Designated for larger-scale commercial activities that serve a regional market, such as shopping centers, large retail stores, etc.
Parking
26 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
146’ on Summit St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,191 SF
  • Office/Retail
  • -
  • 120 Days
Space Size Space Use Position Available
1st Floor 8,191 SF Office/Retail - 120 Days

1st Floor

Size
8,191 SF
Space Use
Office/Retail
Position
-
Available
120 Days
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Huntington National Bank
Fifth Third Bank

Property Taxes

Property Taxes

Parcel Number
05-18167
Land Assessment
$22,750
Improvements Assessment
$253,750
Total Assessment
$276,500
  • Listing ID: 32112270

  • Date on Market: 6/12/2024

  • Last Updated:

  • Address: 5118-5126 N Summit St, Toledo, OH 43611

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