Stand-Alone Retail
410 Winthrop St Toledo, OH 43620
410 Winthrop St, Toledo, OH, 43620
$100,000
For Sale
$100,000
Standalone retail building with 8 styling-bay layout, off-street parking, and a newer HVAC system.
Property Size1,248 SF
Price / SF$80.13
Days on Market12
Property Features for 410 Winthrop St
General Information
- Standard status
- Active
- Size
- 1,248 SF
Listing agency
RE/MAX Preferred Associates
(419) 913-7570
Listed by
Matthew Robert Watson
(419) 913-7570
Source
Exprealty
Added: Jul 10 Updated: Jul 21 at 4:01AM Checked: Jul 21 at 4:01AM
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 RE/MAX Preferred Associates
Investment Insights
Based on property information with market context.
410 Winthrop St is a standalone commercial retail building with approximately 1,248 sq. ft. The interior is currently laid out with a welcoming front reception room, a private back office, and an expansive main floor configured for eight styling bays. The property is delivered 100% vacant and ready for immediate possession.
The sale includes existing salon/barbershop furniture and equipment, which can remain with the building. Interior finishes need fresh paint and new flooring, creating a clean slate for a new concept. Construction features include solid block construction and a low-maintenance flat roof, along with a newer HVAC/Central AC system.
The property also benefits from approximately 12 dedicated off-street parking spaces, and an adjacent vacant lot is included with the sale for future expansion or additional parking. Easy access to downtown Toledo and I-75 is noted. The property is sold as-is.
The sale includes existing salon/barbershop furniture and equipment, which can remain with the building. Interior finishes need fresh paint and new flooring, creating a clean slate for a new concept. Construction features include solid block construction and a low-maintenance flat roof, along with a newer HVAC/Central AC system.
The property also benefits from approximately 12 dedicated off-street parking spaces, and an adjacent vacant lot is included with the sale for future expansion or additional parking. Easy access to downtown Toledo and I-75 is noted. The property is sold as-is.
Key Highlights
- Standalone 1,248 SF commercial retail building at 410 Winthrop St, currently 100% vacant and available for immediate possession
- Built‑out layout includes a front reception area, private back office, and expansive main floor with 8 styling bays
- Includes existing salon/barbershop furniture and equipment that can remain with the property
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.6k | $10.08 |
| − Vacancy | −$956 | −$0.77 |
| EGI | $11.6k | $9.31 |
| − OpEx | −$3.5k | −$2.79 |
| NOI | $8.1k | $6.52 |
1,248 SF · lease $10.08/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$116.2K
$101.7K – $135.6K
NOI $8,137 @ 7.0% cap · market cap 8.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$207.7K
$181.7K – $242.3K
NOI $14,539 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Generation Hair Center
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Standalone retail building with 8 styling-bay layout, off-street parking, and a newer HVAC system.
Where is this storefront property located?
The property is located at 410 Winthrop St Toledo, OH.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Standalone 1,248 SF commercial retail building at 410 Winthrop St, currently 100% vacant and available for immediate possession; Built‑out layout includes a front reception area, private back office, and expansive main floor with 8 styling bays; Includes existing salon/barbershop furniture and equipment that can remain with the property
