Search
Commercial Building with Kitchen
For Sale
Contact for pricing

24 S Michigan Street, Toledo, OH 43604

16,600 SF commercial building with full kitchen for sale.

Property Size16,600 SF
Price / SF$29.82
Days on Market76

Property Features for 24 S Michigan Street

General Information

Standard status Active
Size 16,600 SF
Class B
Property subtype Multifamily, Office, Special Purpose
Zoning 10-CM
Investment Type Redevelopment

Building Details

Year Built 1905
Year Renovated 2017
Buildings 1
Stories 3
Units 30
Listing Agency: Reichle | Klein Group
Listed By: Peter Shawaker · License #OH 0000341752
Source: Crexi
Added: May 26 Changed: Aug 8 Last Checked: Aug 8 at 1:00PM

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 commercial building offers 16,600 square feet of space, including a 3,200 square foot basement. The first floor spans 5,200 square feet and features a full commercial kitchen, a cafeteria area, two restrooms, and an office. The second floor provides approximately 4,800 square feet of space. The third floor, around 3,000 square feet, is comprised of multiple dorm-style rooms. Situated in the Uptown area, the property is within walking distance of the warehouse district and offers high visibility from the southbound I-75 and State Route 24 on-ramps. It is located next to the historic St. Patrick's Church and across Michigan Street from the U-Haul building and a bakery apartment building.

Key Highlights

  • 16,600 SF building size, including a 3,200 SF basement
  • Highly visible location** off southbound I‑75 and State Route 24 on‑ramps
  • First floor features a 5,200 square foot space with a full commercial kitchen and cafeteria area**

Property Analytics

Current Use

Commercial kitchens

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Catering Service Acupuncture Pet Grooming Service Home Appliance Store

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

2,578
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 48%
Shell Shops & Services
11,983 visits/mo 0.2 miles
Spaghetti Warehouse Dining
10,053 visits/mo 0.3 miles
Fricker's Dining
9,738 visits/mo 0.4 miles
Enterprise Rent-A-Car Shops & Services
2,937 visits/mo 0.1 miles
Huntington Bank Shops & Services
2,417 visits/mo 0.4 miles

Demographics for 43604, OH

9,248
Population
5,868
Households
1.6
Avg Household Size
35
Median Age
16%
College-Educated
79%
High-School Grad
2.8 sq mi
ZIP Area
3,303
Density / Sq Mi
$18,980
Median Household Income
$27,457
Median Earnings
$499
Median Rent
$59,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial kitchen - 16,600 SF commercial building with full kitchen for sale.
Where is this commercial kitchen located?
The property is located at 24 S Michigan Street Toledo, OH.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 16,600 SF building size, including a 3,200 SF basement; Highly visible location** off southbound I‑75 and State Route 24 on‑ramps; First floor features a 5,200 square foot space with a full commercial kitchen and cafeteria area**
(419) 861-1100 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message