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COMMERCIAL REDEVELOPMENT SITE 3 Properties Offered at $3,000,000 in Toledo, OH
Investment Highlights
- Excellent visibility with 629ft of prime corner frontage
- Located within CRA: Allows property tax exemptions on increased assessed value from renovation or new construction
- Currently 2 monument signs and fascia signage available
- Rear parcel is mixed zoning, CR & RS9 (Single dwelling residential)
Executive Summary
3 parcels totaling 2.18 acres, currently improved with a 12,480 SF retail/office building and a 18,400 SF office building. Prominently positioned in West Toledo, along the highly sought-after Talmadge Road retail corridor. Talmadge Road is a four-lane thoroughfare with a center turning lane and is ideally located between two of Toledo’s primary arterial roads, Monroe Street and West Sylvania Avenue, ensuring strong traffic flow and connectivity.
The site benefits from outstanding visibility and access with approximately 629 feet of prime corner frontage and 5 curb cuts, surrounded by a dense mix of national and local retailers and restaurants. Directly across Talmadge Road is the 1.33 million square foot Franklin Park Mall, anchored by Dillard’s, JCPenney, and Dick’s Sporting Goods, drawing more than 7 million visitors annually. The property is also conveniently located less than one-half mile north of the I-475 interchange, providing immediate access to regional traffic.
The site benefits from outstanding visibility and access with approximately 629 feet of prime corner frontage and 5 curb cuts, surrounded by a dense mix of national and local retailers and restaurants. Directly across Talmadge Road is the 1.33 million square foot Franklin Park Mall, anchored by Dillard’s, JCPenney, and Dick’s Sporting Goods, drawing more than 7 million visitors annually. The property is also conveniently located less than one-half mile north of the I-475 interchange, providing immediate access to regional traffic.
Property Facts
| Price | $3,000,000 | Number of Properties | 3 |
| Price / SF | $97.15 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 30,880 SF |
| Status | Under Contract | Total Land Area | 5.41 AC |
| Price | $3,000,000 |
| Price / SF | $97.15 / SF |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 30,880 SF |
| Total Land Area | 5.41 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Talmadge At Homerdale 4217/4303 Talmadge Rd
4303 Talmadge Rd, Toledo, OH 43623 |
Land | 2.18 AC | - | - |
| 4303 Talmadge Rd, Toledo, OH 43623 | Office | 18,400 SF | 1966 | - |
| 4217 Talmadge Rd, Toledo, OH 43623 | Retail | 12,480 SF | 1967 | - |
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