Flex Building with Grade-Level
For Sale
Contact for pricing
707 Phillips Ave, Toledo, OH 43612
Renovated first-floor flex space includes office and two grade-level doors, plus three leased apartments above with individual garages.
Property SizeContact for details
Days on Market133
Property Features for 707 Phillips Ave
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Multifamily
Occupancy
100%
Additional Details
Drive-In Doors
2
Multifamily Units
3
Building Details
Year Renovated
2022
Stories
2
Tenancy
Multi
Listing Agency:
Reichle | Klein Group
(419) 861-1100
Listed By:
Ron Jurgenson · License #OH 0000371252
Source:
Crexi
Added: Apr 12
Changed: Aug 14
Last Checked: Aug 14 at 7:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reichle | Klein Group
Investment Insights
Based on property information with market context.
This mixed-use flex building is configured for an owner-user or investor with four tenants. The first floor offers two spaces: a 2,000 SF rear space with a nice office, two grade-level doors, a renovated 2022, one restroom, and a 20' long floor drain. The separate 1,800 SF front space includes a finished office, two bathrooms, and a back lot that separates the front and rear areas; it was renovated in 2021 and is leased.
The second floor includes three rented apartments, each approximately 600 SF, and each with its own individual garage. Two of the units were renovated in 2021 with new appliances, and unit 3 includes a sunroom. The property includes a limited industrial zoning framework, which supports a multitude of uses for the first-floor area.
The second floor includes three rented apartments, each approximately 600 SF, and each with its own individual garage. Two of the units were renovated in 2021 with new appliances, and unit 3 includes a sunroom. The property includes a limited industrial zoning framework, which supports a multitude of uses for the first-floor area.
Key Highlights
- Renovated mixed‑use property with fully occupied 2,000 SF first‑floor back space and 1,800 SF first‑floor front space
- Back space (2,000 SF) renovated in 2022 with a finished office, 2 grade‑level doors, 1 restroom, and a 20' floor drain
- Front space (1,800 SF) renovated in 2021 with a finished office, 2 bathrooms, and a back lot separating front and back spaces
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43612, OH
29,718
Population
13,409
Households
2.2
Avg Household Size
35
Median Age
13%
College-Educated
90%
High-School Grad
11.5 sq mi
ZIP Area
2,584
Density / Sq Mi
$50,484
Median Household Income
$33,770
Median Earnings
$976
Median Rent
$89,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Ida's Catering LLC — 4425 Bennett Rd, Toledo, OH 43612
- Mancy Brother's Catering — 953 Phillips Ave, Toledo, OH 43612
- Smuffy's Sacc's — 183 W Sylvania Ave, Toledo, OH 43612
Frequently Asked Questions
What type of property is this?
Flex space - Renovated first-floor flex space includes office and two grade-level doors, plus three leased apartments above with individual garages.
Where is this flex space located?
The property is located at 707 Phillips Ave Toledo, OH.
What are key features of this property?
This property features: Renovated mixed‑use property with fully occupied 2,000 SF first‑floor back space and 1,800 SF first‑floor front space; Back space (2,000 SF) renovated in 2022 with a finished office, 2 grade‑level doors, 1 restroom, and a 20' floor drain; Front space (1,800 SF) renovated in 2021 with a finished office, 2 bathrooms, and a back lot separating front and back spaces
