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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

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    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.
    (419) 475-8383
    Request Owner's contact information
    4257/4253 Monroe Unit 4257/425 Toledo, OH 43606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4257/4253 Monroe Unit 4257/425 Toledo, OH 43606
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