Property summary
This exceptional industrial property, located at 13 11th Street in Toledo, Ohio, presents a compelling investment opportunity. The 11,588 square foot building, constructed in 1925 and renovated in 1952, sits on a 0.56-acre lot boasting significant street frontage: 100 feet on Washington Street and 200 feet on 11th Street, plus an additional 20' x 100' access drive off 12th Street. The property features a single-story structure with a convenient layout combining 1,588 square feet of showroom space and 10,000 square feet of warehouse area. Three dock-high loading doors (measuring 10' x 12', 12' x 16', and 20' x 16') facilitate efficient loading and unloading. The warehouse boasts ceiling heights ranging from 14 to 16 feet, providing ample vertical space. The showroom and a substantial portion of the warehouse benefit from central heating and air conditioning. Ample parking is available with 18 paved spaces. The property is zoned IL-Limited Industrial and is conveniently situated near the I-75 expressway exit, offering easy access to major transportation routes. The asking price is $495,000, translating to a land value of $42.72 per square foot. The property's central business district (CBD) location and substantial size make it an ideal choice for a variety of industrial and distribution uses. Parcel numbers are 12-18181 & 12-00402.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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