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    2645-2655 W Central Ave Toledo, OH 43606

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    For Sale
    $1,400,000

    Meticulously maintained multi-use building with retail, office, and warehouse spaces.

    Property size:
    31,436 SF
    Lot size:
    1.86 Acres

    Property Features for 2645-2655 W Central Ave

    General Information

    Size
    31,436 SF
    Lot size
    1.86 Acres

    Source: Danberry Realtors - Toledo Office Agent Jim McGowan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Use Building on Two Parcels

    This meticulously maintained multi-use building is situated on two parcels, which can be sold separately. The property features a 4,778 square feet segment and a 3,406 square feet segment currently used for retail purposes. Additionally, there are two office segments, one comprising 2,553 square feet and another of 10,034 square feet. The 10,034 square feet office segment is a conversion of warehouse space and could be converted back to warehouse use. The property also includes 7,266 square feet of warehouse space, featuring 16 to 18-foot ceilings and two overhead doors. The property is located in Toledo, OH.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.6073779
    Latitude
    41.6773452

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    FAQs

    What type of property is this?
    Mixed-use property - Meticulously maintained multi-use building with retail, office, and warehouse spaces.
    Where is this mixed-use property located?
    The property is located at 2645-2655 W Central Ave Toledo, OH.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - High income potential: Current lease nets approximately $21,000 per month.; - Multi-use building with retail, office, and warehouse space.; - Substantial square footage: 4,778 SF & 3,406 SF retail, 2,553 SF & 10,034 SF office, and 7,266 SF warehouse.
    (419) 654-4343
    Request Owner's contact information
    2645-2655 W Central Ave Toledo, OH 43606
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    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
    2645-2655 W Central Ave Toledo, OH 43606
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