Building Details

Stories 2

Tenancy Multi

Listing Agency: Reichle | Klein Group Show Phone

Listed By: Ryan Miller · License #2011003129 Show Phone

Source: Moodyscre

Added: Sep 25, 2024 Changed: Aug 15 Last Checked: Sep 11 at 11:38AM

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Investment Insights

Based on property information with market context.

This two-story, multi-tenant retail asset includes on-site parking for approximately 11 spaces. The first floor (about 1,600 SF) was recently renovated for a CBD dispensary and is available as a turn-key option for a similar use. The second floor (about 3,750 SF) offers sizable space and is currently configured as event space, with potential for office or residential conversion.

The property is joined at the hard corner of Starr Avenue and E. Broadway Street by Davita Kidney. The center includes Care & Dollar General, and the first floor tenant renewed with a five-year lease in December 2022. The location is within one mile of I-280.

Overall, the building presents a two-level configuration with renovated street-level space and a larger upper floor suited to flexible redevelopment or repurposing.

Key Highlights

• Two‑story multi‑tenant value‑add asset with on‑site parking for approx. 11 spaces
• First floor: 1,600 SF recently renovated; available as a turn‑key space for a similar CBD dispensary user
• First‑floor tenant renewed with a 5‑year lease in December 2022

Property Analytics

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Current Use

Boost Mobile Mobile Phone Store Top Tax Accounting Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

553

Businesses Nearby

23k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 96% Electronics 4%

Dollar Tree Shops & Services

7,545 visits/mo 0.2 miles

7-Eleven Shops & Services

7,318 visits/mo 0.5 miles

Dollar General Shops & Services

4,579 visits/mo 0.1 miles

Citizens Bank Shops & Services

1,920 visits/mo 0.3 miles

Cricket Wireless Authorized Retailer Electronics

852 visits/mo 0.5 miles

Demographics for 43605, OH

25,007

Population

11,985

Households

2.1

Avg Household Size

34

Median Age

9%

College-Educated

79%

High-School Grad

7.2 sq mi

ZIP Area

3,473

Density / Sq Mi

$36,389

Median Household Income

$27,210

Median Earnings

$847

Median Rent

$46,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - First floor was recently renovated and is available as a turn-key space, with on-site parking for about 11 vehicles.

Where is this retail space located?

The property is located at 923 Starr Ave Toledo, OH.

What is the asking price?

The asking price for this property is $279,000.

What are key features of this property?

This property features: Two‑story multi‑tenant value‑add asset with on‑site parking for approx. 11 spaces; First floor: 1,600 SF recently renovated; available as a turn‑key space for a similar CBD dispensary user; First‑floor tenant renewed with a 5‑year lease in December 2022