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706 Monroe St
Toledo, OH 43604
Retail Property For Sale

EXECUTIVE SUMMARY
Property recently redeveloped (2020-2021)
First floor leased by Communica for 5-years
Second floor planned for 2 residential apartments - renovations started
Parking Spaces: 2-4 behind building
Financials available upon qualified request
First floor leased by Communica for 5-years
Second floor planned for 2 residential apartments - renovations started
Parking Spaces: 2-4 behind building
Financials available upon qualified request
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,500 SF
Building Class
C
Year Built
1877
Price
$775,000
Price Per SF
$119.23
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.63
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
CD - Designed to support a mix of residential, commercial, and recreational uses, promoting a balanced and sustainable community development.
Frontage
41’ on Monroe St
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 18-80241 | Improvements Assessment | $25,200 |
| Land Assessment | $4,550 | Total Assessment | $29,750 |
PROPERTY TAXES
Parcel Number
18-80241
Land Assessment
$4,550
Improvements Assessment
$25,200
Total Assessment
$29,750
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