4747 N Summit St Toledo, OH 43611
4747 N Summit St, Toledo, OH, 43611
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For Sale
Contact for pricing
Storefront properties
Property Size2,100 SF
Price / SF$80.95
Days on Market55
Property Features for 4747 N Summit St
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1950
Listing agency
Miller Diversified
Listed by
Matt Kwiatkowski · License #OH 2016004854
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 4:20AM
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 Miller Diversified
Investment Insights
Based on property information with market context.
Key Highlights
- Brick building built in 1950 with retail storefront and open front layout
- Storefront updates: new windows and door, new outside lighting, and signage‑ready frontage
- Exterior improvements include a new roof and new exterior paint
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 | $21.2k | $10.08 |
| − Vacancy | −$1.6k | −$0.77 |
| EGI | $19.6k | $9.31 |
| − OpEx | −$5.9k | −$2.79 |
| NOI | $13.7k | $6.52 |
2,100 SF · lease $10.08/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$195.6K
$171.1K – $228.2K
NOI $13,691 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.5K
$305.8K – $407.7K
NOI $24,464 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Toledo Tattoo Company
Tattoo & Piercing Shop
Cash Gene E
Counselor
Similar For Sale Nearby
FAQs
Where is this storefront property located?
The property is located at 4747 N Summit St Toledo, OH.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Brick building built in 1950 with retail storefront and open front layout; Storefront updates: new windows and door, new outside lighting, and signage‑ready frontage; Exterior improvements include a new roof and new exterior paint
