53 Main St Toledo, OH 43605

Property Details for 53 Main St

Lot size

1.73 lot acres

Property type

Land

Description

This exceptional 1.732-acre commercial land parcel presents a unique investment opportunity in the vibrant East Toledo area. Located on the highly visible hard corner of Front and Main Streets, this property benefits from exceptional traffic counts. Front Street provides direct access to the Port of Toledo, Lake Erie, I-280, and I-75, ensuring high visibility and accessibility. Main Street leads directly into downtown Toledo, further enhancing its strategic location. The site's adjacency to the Marina Lofts, a substantial 360-unit apartment complex, creates a built-in customer base and contributes to a thriving neighborhood. The property's proximity to the Glass City Metropark adds to its appeal, offering recreational opportunities and attracting residents and visitors alike. The asking price is $1,500,000. Furthermore, a significant incentive is available: a 15-year tax abatement from the City of Toledo for new construction on this site, making this an exceptionally attractive proposition for developers seeking a prime location with substantial cost savings. The property is zoned for commercial use, offering flexibility for a wide range of development possibilities. This is a rare opportunity to acquire a strategically located, high-traffic commercial land parcel in a rapidly growing area of Toledo, Ohio. The property is located at 53 Main St, Toledo, OH 43605, in Lucas County.