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2567 Bancroft St Toledo, OH 43607

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Prime 2.14-acre development site near UT.

Property Features for 2567 Bancroft St

General Information

Property type
Land
Lot Size
93,349 SF

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Listing Contact
Ned Coyle
Ned Coyle

Listing Agency: Reichle | Klein Group Listing Agent: Ned Coyle

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 2.143-acre land parcel, located at 2567 W Bancroft Street in Toledo, Ohio (APN 11-65319), presents a unique investment opportunity. Zoned CR – Regional Commercial, this site boasts a previously approved plan for a four-story student housing complex, capitalizing on its adjacency to the University of Toledo's 21,000-student campus. The property's strategic location offers unparalleled visibility and accessibility, with 15,850 vehicles traversing W. Bancroft Street daily. Enjoy breathtaking views overlooking Ottawa Park and golf course, and the Ottawa River. Furthermore, its proximity to ProMedica Toledo Hospital Campus, ranked among the top 50 hospitals in the USA, adds significant value. This redevelopment land is eligible for CRA funds and tax abatement on new construction, making it an exceptionally attractive proposition for developers seeking a high-return investment in a thriving urban setting. The property's potential is further enhanced by its convenient location, just five minutes from the hospital campus. This is a rare opportunity to acquire a prime development site in a high-demand area with significant potential for future growth and profitability.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Toledo
County
Lucas
State
Ohio
Longitude
-83.6061554
Latitude
41.6625266

FAQs

What type of property is this?
Land - Prime 2.14-acre development site near UT.
Where is this land located?
The property is located at 2567 Bancroft St Toledo, OH.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: High-profile corner location with excellent visibility and accessibility.; 10,000+ square feet of versatile commercial space ideal for a variety of uses.; Recently renovated interior featuring modern finishes and updated systems.
(419) 794-3953 Call to check price and availability
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