Current Use by Public Records
- MV Group Inc. / Big Box & Wholesale Store / Building Supply
Property Details for 303 Morris St
- Year built
- 1911
- Lot size
- 0.37 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This 48,000 square foot industrial flex space at 303 Morris Street in Toledo, Ohio, presents a compelling investment opportunity. The Class B building, constructed in 1911 and extensively renovated in 2024, boasts a multi-tenant occupancy with six current tenants. The property features five loading docks, five dock-high doors, and a 14.5-foot ceiling height, ideal for various industrial and warehouse uses. Situated on a 0.37-acre lot, the property includes 35 parking spaces and a wet sprinkler system for enhanced safety. Its General Industrial zoning allows for diverse applications. The building's location offers easy access to I-75, less than half a mile from the interchange, and enjoys a prominent position adjacent to Middlegrounds Metropark, providing excellent visibility and potential for fascia signage visible from the Anthony Wayne Bridge. The property benefits from its proximity to Downtown Toledo's Designated Outdoor Refreshment Area (DORA). A freight elevator adds to the building's functionality. The asking price is $1,100,000, and a rent roll is available upon request. This stabilized investment presents a unique blend of historical character and modern upgrades, making it an attractive option for investors seeking a well-located, multi-tenant industrial property with redevelopment potential. The property's three stories offer significant flexibility for various business needs. The building's past use as a plate glass storage facility speaks to its structural integrity and adaptability.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.539
- Latitude
- 41.6413
