Versatile industrial space, prime location, flexible lease options.
Lot size:
15,840 SF
Description
Added:
Dec 11, 2024
Days on Market:
391
This exceptional 15,840-square-foot industrial property, situated at 1838 Front Street, offers a unique blend of warehouse, flex, manufacturing, distribution, R&D, and coworking space. Built in 2002 and renovated in 2024, this Class B building sits on 6.25 acres of land with a 6.0 FAR. The single-story structure features an 8-foot clear ceiling height and a 3/4-inch plywood floor on a crawl space. While there are no loading docks or dock-high doors, the property boasts ample parking for 100+ vehicles and a 72-inch wide door opening, suitable for pallet jack access (pallet storage available). The property is fully fenced, includes an automatic gate opener, parking lot lighting, and security cameras, ensuring a secure environment. Power is supplied by a 1,600-amp system with 120-240 volts. The minimum divisible space is 150 square feet, with larger spaces available up to 130,680 square feet, making it ideal for multiple tenants. Taxes are $0.33 per square foot. Its strategic location near Toledo Port, Cleveland Cliffs, BP Refinery, and Oregon Power Plant, coupled with excellent access to major transportation arteries like I-280 (0.1 miles), I-75 (3 miles), and I-80/I-90 (9 miles), provides unparalleled logistical advantages. The property is zoned Industrial/Mixed Use and is located within an Opportunity Zone, presenting significant investment potential. The APN is 0738117.
Property Features for 1838 Front St
General Information
Property type
Life science properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
15,840 SF
Class
B
Building Details
Year Built/Renovated
2002/2024
Buildings
1
Stories
1
Unit(s) available at that property
Space
Industrial Outdoor Storage
Size
130,680 SF
Space
Flex on Front St.
Size
15,840 SF
HighLights
15,840 SF industrial building on 6.25 acres, offering multiple suites from 150 SF to 130,680 SF.
Excellent access to I‑280, I‑75, and I‑80/I‑90, near Toledo Port, Cleveland Cliffs, BP Refinery, and Oregon Power Plant.
Industrially and Mixed‑Use zoned.
Secure property with fencing, automatic gate, lighting, and security cameras.
Located in an Opportunity Zone.
Features 8' clear ceiling height, 3/4" plywood floor, 72" wide door opening, and pallet jack‑accessible pallet storage.
Life science property - Versatile industrial space, prime location, flexible lease options.
Where is this life science property located?
The property is located at 1838 Front St Toledo, OH.
What are key features of this property?
This property features: 15,840 SF industrial building on 6.25 acres, offering multiple suites from 150 SF to 130,680 SF.; Excellent access to I-280, I-75, and I-80/I-90, near Toledo Port, Cleveland Cliffs, BP Refinery, and Oregon Power Plant.; Industrially and Mixed-Use zoned.
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1838 Front St Toledo, OH 43605
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Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
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Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
More about this property
1838 Front St Toledo, OH 43605
More about this listing
1838 Front St, Toledo, OH
Tim Echemann CCIM SIOR
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1838 Front St, Toledo, OH
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1838 Front St, Toledo, OH
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1838 Front St, Toledo, OH
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1838 Front St, Toledo, OH
Tim Echemann CCIM SIOR
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