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4257/4253 Monroe Unit 4257/425 Toledo, OH 43606

Sponsored
For Sale
$189,000

Prime Toledo location, great investment potential.

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional commercial property, located at 4257/4253 Monroe Street, Toledo, OH, presents a unique investment opportunity. Situated on a sizable 0.81-acre lot, the building offers significant potential for various commercial uses. Previously utilized as a chiropractic office, the property is ready for immediate occupancy or lease. The building's interior is left in its as-is condition, with existing equipment available for sale separately to the new owner or tenant. A lease is available for a flexible term of 3 to 5 years, providing a solid foundation for long-term income generation. The lease agreement includes a standard security deposit equivalent to one month's rent. Tenants are responsible for all common area maintenance (CAM) charges, net-net-net (NNN) expenses, and utilities, ensuring predictable and manageable operating costs for the owner. The asking price for this property is $189,000, representing a compelling value in the Toledo commercial real estate market. This property is ideal for investors seeking a strong return on investment or entrepreneurs looking to establish their business in a well-located building. The ample lot size also offers potential for future expansion or development. Serious inquiries are encouraged.

Property Features for 4257/4253 Monroe Unit 4257/425

General Information

Property type
Other commercial real estate
Lot Size
35,284 SF

Building Details

Year Built
1966

Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Toledo
County
Lucas
State
Ohio
Longitude
-83.609
Latitude
41.6726

FAQs

What type of property is this?
Commercial real estate - Prime Toledo location, great investment potential.
Where is this commercial real estate located?
The property is located at 4257/4253 Monroe Unit 4257/425 Toledo, OH.
What is the asking price?
The asking price for this property is $189,000.
More about this property
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