1002-1004 Water St Toledo, OH 43604

This exceptional owner-user opportunity presents a substantial 55,207-square-foot free-standing retail building situated on a 1.41-acre lot in Toledo, Ohio's vibrant Vistula District. Built in 1920, this two-story structure boasts a prime location at 1002-1004 Summit St, 1024 Water St, Toledo, OH 43604, and is zoned for limited industrial use (IL). The property includes 12 parking spaces and features completed Phase I and II environmental assessments for both parcels. This location is part of an entertainment district with currently available liquor licenses, adding significant potential for various businesses. The property's designation within an Opportunity Zone presents attractive investment incentives, and it may be eligible for numerous municipal grants, including façade improvements, white box grants, and CRA tax abatements. Further details on available incentives can be found through the City of Toledo's business resources. The asking price is $1,199,000, and the lease type is NNN. The property is offered as a single tenancy. The APN is 01028001, 9001, 42851, 42921. This is a rare chance to acquire a significant property in a rapidly developing area.