1345 Detroit AveToledo, OH 43614

For Sale
$179,900

Prime Toledo storefront, 1305 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1,305-square-foot storefront, located at 1345 S Detroit Ave, Toledo, OH 43614, presents a remarkable investment opportunity. Currently configured as a bakery and coffee shop, this single-story building boasts a rich history, previously operating as a restaurant. Its versatile layout makes it ideal for a variety of businesses, including vape shops, hair salons, laundromats, coffee shops, or convenience stores. The property sits on a 0.34-acre lot with ample parking (approximately 25 spaces), offering significant potential for expansion. Its strategic location near the University of Toledo Medical Center ensures a consistent customer base. The building features a 12-year-old roof, a one-year-old hot water tank, and an updated electrical box (220 AMP, updated 5 years ago). Utilities include public water/sanitary sewer and natural gas/forced air heating. The property is zoned CR and has an APN of 18-08548. The asking price is $179,900 ($137.85/sq ft). The owner is relocating out of state, presenting a unique chance to acquire a well-maintained property in a high-traffic area with significant growth potential. This turnkey operation offers immediate occupancy and the possibility of expanding the existing structure to create a thriving strip center.

Highlights

  • Prime location near University of Toledo Medical Center.
  • Ample parking (approx. 25 spaces) with potential for strip center development.
  • Approximately 25 parking spaces.
  • 12-year-old roof.
  • 1-year-old hot water tank.
  • Updated 220 AMP electrical box (5 years old).

Property Details for 1345 Detroit Ave

Property type
Other retail properties, Individual retail properties
Square Feet
1,305 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.614370018271
Longitude
-83.602124492653
1345 Detroit Ave, Toledo, Ohio

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1345 Detroit Ave
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