Listing Agency: Reichle | Klein Group Show Phone

Listed By: Ned Coyle · License #0000192273 Show Phone

Source: Moodyscre

Added: Sep 26, 2024 Changed: Oct 12 Last Checked: Oct 23 at 9:20AM

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Investment Insights

Based on property information with market context.

This 2.143-acre parcel of redevelopment land is zoned CR - Regional Commercial and eligible for CRA funds, offering potential tax abatement on new construction. Previously approved for a four-story student-housing community, the property overlooks Ottawa Park and golf course, as well as the Ottawa River. It is located 5 minutes from ProMedica Toledo Hospital Campus.

Key Highlights

• Eligible for CRA funds and tax abatement on new construction.
• Zoned CR - Regional Commercial, suitable for redevelopment.
• Overlooks Ottawa Park and golf course, and the Ottawa River.**

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Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

309

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Frequently Asked Questions

What type of property is this?

Land - 2.143 acres of land eligible for CRA funds.

Where is this land located?

The property is located at 2567 W Bancroft St Toledo, OH.

What is the asking price?

The asking price for this property is $1,895,000.

What are key features of this property?

This property features: Eligible for CRA funds and tax abatement on new construction.; Zoned CR - Regional Commercial, suitable for redevelopment.; Overlooks Ottawa Park and golf course, and the Ottawa River.**