303 Morris StToledo, OH 43604

For Sale
$1,100,000

48,000 SF Warehouse, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This 48,000 square foot industrial flex space at 303 Morris Street in Toledo, Ohio, presents a compelling investment opportunity. The Class B building, constructed in 1911 and extensively renovated in 2024, boasts a multi-tenant occupancy with six current tenants. The property features five loading docks, five dock-high doors, and a 14.5-foot ceiling height, ideal for various industrial and warehouse uses. Situated on a 0.37-acre lot, the property includes 35 parking spaces and a wet sprinkler system for enhanced safety. Its General Industrial zoning allows for diverse applications. The building's location offers easy access to I-75, less than half a mile from the interchange, and enjoys a prominent position adjacent to Middlegrounds Metropark, providing excellent visibility and potential for fascia signage visible from the Anthony Wayne Bridge. The property benefits from its proximity to Downtown Toledo's Designated Outdoor Refreshment Area (DORA). A freight elevator adds to the building's functionality. The asking price is $1,100,000, and a rent roll is available upon request. This stabilized investment presents a unique blend of historical character and modern upgrades, making it an attractive option for investors seeking a well-located, multi-tenant industrial property with redevelopment potential. The property's three stories offer significant flexibility for various business needs. The building's past use as a plate glass storage facility speaks to its structural integrity and adaptability.

Highlights

  • Six current tenants; rent roll provided upon request.
  • High-visibility fascia signage available on AW Bridge.
  • Prime Downtown Toledo location in the Opportunity Zone.
  • Abundant on-site and nearby parking.
  • Equipped with a wet sprinkler fire suppression system.
  • Freight elevator included.

Property Details for 303 Morris St

Property type
Other warehouses, Other industrial properties
Square Feet
48,000 SF
Class
B
Year Built/Renovated
1911/2024
Buildings
1
Stories
3
Lot Size (sq. ft)
16,117 SF

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.64133321967
Longitude
-83.538984915796
303 Morris St, Toledo, Ohio

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303 Morris St
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