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Multi-Unit Residential Income Building
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416 N Erie St, Toledo, OH 43604

Three-bedroom 3rd-floor condo within a mixed-use structure with elevator access and updated mechanicals and windows.

Property SizeContact for details
Days on Market124

Property Features for 416 N Erie St

General Information

Standard status Active
Property subtype Office
Listing Agency: Schmidt Family Properties
Listed By: Meghan Schmidt · License #OH
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 2:13PM

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 Schmidt Family Properties

Investment Insights

Based on property information with market context.

The available unit is the 3rd-floor condo within a multi-story building at 416 N Erie Street. The building’s 1st and 2nd floors are occupied by commercial space, while the 3rd through 5th floors are solely owned residential. Each floor is served by an elevator with direct access, and storage is allocated in the basement for each floor.

Parking includes 1 rear space, along with on-street parking and additional nearby options including a surface lot and a garage within about 100 yards of the front door. The property is located in a CRA Zone and an Opportunity Zone, and it is described as qualified for a 15-year tax abatement.

Recent improvements include new mechanicals installed in 2019 and new windows installed in 2018.

Key Highlights

  • 3rd‑floor condo at 416 N Erie Street in a mixed‑use building with elevator access to each floor
  • Zoned commercial residential; building has commercial on 1st and 2nd floors and residential ownership on 3rd–5th floors
  • 1 rear parking space plus on‑street parking; surface lot and garage within 100 yards of the front door

Property Analytics

Current Use

Stevin Groth Criminal ... Law Firm Sawan & Sawan Law Firm Groth & Associates Law Firm Law Offices of Nirakar ... Law Firm James Perlman: Toledo ... Law Firm

Suggested Use

Top Pick Real Estate Agency Building Supply Skin Care Clinic Spa & Massage Center Nail Salon Auto Parts 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

2,839
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom 3rd-floor condo within a mixed-use structure with elevator access and updated mechanicals and windows.
Where is this residential income property located?
The property is located at 416 N Erie St Toledo, OH.
What are key features of this property?
This property features: 3rd‑floor condo at 416 N Erie Street in a mixed‑use building with elevator access to each floor; Zoned commercial residential; building has commercial on 1st and 2nd floors and residential ownership on 3rd–5th floors; 1 rear parking space plus on‑street parking; surface lot and garage within 100 yards of the front door
More about this property
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