530-534 Lagrange St
Toledo, OH 43604
Lagrange Apartments · Retail Property For Sale

Lagrange Apartments are located in the notorious Vistula Historic District, and is located five blocks away from the Maumee River and three blocks away from downtown Toledo. The buildings are comprised of four studio units, eight, one-bedroom units and one commercial space that is approximately 1,000 square feet. Toledo, Ohio' s 4th largest city, has traditionally been a manufacturing region, however the area is reinventing itself as a leader in technology and research. Capitalizing on the expertise in manufacturing and an experienced and educated workforce, new technologies are emerging enabling the region to become a national leader in solar technology and manufacturing. Historically a farming, industrial production, transportation and warehousing area, Toledo is home to 37 Fortune 500 Companies, and now the local economy is well-diversified. With economic anchors such as Industry- Dana Corporation, Owens Corning The Andersons, Libbey Inc., and Faurecia Exhaust Systems; Higher Education- University of Toledo, Lourdes University, Mercy College of Ohio, and Owens Community College; and Healthcare- ProMedica Health Systems, University of Toledo Medical Center, and Mercy Health Partners. The current unemployment rate in Toledo, an impressive 4.6%, which is 12% better than the current state unemployment rate of 5.2%. This represents a significant decline from Toledo' s previous high of 13.8% in 2009, demonstrating the resurgence of the local economy.