1501 Buckingham StToledo, OH 43607

For Sale
$119,900

Turnkey retail & residence, renovated 2023

Overview

Added:
Dec 11, 2024
Days on market:
92
Prime Toledo location at 1501 Buckingham St offers a unique investment opportunity. This mixed-use property boasts a 4,086 square foot building, encompassing a 1,400 square foot retail storefront and a 1,300 square foot, three-bedroom, one-and-a-half-bathroom residence. Recently renovated in 2023, the property is move-in ready and includes fixtures, fittings, and equipment (FFE) such as a cash wrap, shelving, and coolers. The retail space features street parking, while the residence benefits from a detached garage offering 2.5 car parking. Situated on a 0.128-acre corner lot in the Airline Junction neighborhood, the property provides excellent visibility with 150 feet of frontage. The permitted zoning is 10-RD6 Duplex Residence with a SUP Retail/Apartment Over designation. Built in 1916, this Class C building presents a strong return on investment for an owner-user seeking a blend of commercial and residential space. The asking price is $119,900, translating to $29.34 per square foot. This is an exceptional opportunity for a small business owner seeking a combined living and working space.

Highlights

  • Owner-user opportunity ideal for small business.
  • 1,300 SF residential space; 3 bedrooms, 1.5 baths.
  • 1,400 SF retail space with one restroom.
  • Prominent street-facing signage potential.
  • Retail: Street parking; Residential: Detached 2.5-car garage.
  • Includes cash wrap, shelving, and coolers.

Property Details for 1501 Buckingham St

Property type
Other retail properties, Other mixed-use properties
Square Feet
4,086 SF
Class
C
Year Built/Renovated
1916/2023
Buildings
1
Stories
2
Lot Size (sq. ft)
5,576 SF
Units
2

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.6429889
Longitude
-83.57978611
1501 Buckingham St, Toledo, Ohio

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1501 Buckingham St
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