1131 Alexis RdToledo, OH 43612

For Sale
$575,000

Freestanding Retail Building, 4,750 SF, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional freestanding retail building, located at 1131 W Alexis Rd in Toledo, Ohio, presents a compelling investment opportunity. The property boasts 4,750 square feet on a 0.381-acre lot, offering ample space for a variety of retail uses. Built in 1971, the single-story structure is zoned CR – Regional Commercial, ensuring flexibility for future tenants. The property includes 20 parking spaces, providing convenient access for customers. Its prime location offers excellent visibility and easy access, strategically serving both the southern Michigan and Toledo markets, situated approximately one mile from the Michigan state line. A current lease is in place, expiring April 30, 2025, providing immediate cash flow. The property's APN is 04151:03919010. This is a rare chance to acquire a well-located, established retail property with significant potential for long-term growth and return on investment. The asking price is $575,000.

Highlights

  • Freestanding single-tenant retail building, 4,750 SF on a 0.381-acre lot.
  • Easy access and great visibility.
  • Serves the Toledo and southern Michigan markets, approximately one mile from the Michigan state line.
  • Current lease in place through April 2025.
  • Asking price: $575,000.

Property Details for 1131 Alexis Rd

Property type
Other retail properties, Retail properties
Square Feet
4,750 SF
Year Built
1971
Stories
1
Lot Size (sq. ft)
16,596 SF

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.7210256
Longitude
-83.5698295
1131 Alexis Rd, Toledo, Ohio

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1131 Alexis Rd
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