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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

34 Huron St Toledo, OH 43604

11,965 SF
Property ID
Property summary
AI-generated overview

This exceptional 11,965 square foot, three-story building located at 34 South Huron Street in Toledo, Ohio's Warehouse District presents a unique investment opportunity. Currently housing Grumpy's Restaurant, a well-established Toledo institution, the property boasts a strong tenant with a monthly rent of $3,800.00 NNN. The building's prime location is just one block from the main entrance to 5/3 Field, the Glass City Center, and the Farmers Market, ensuring high visibility and foot traffic. The first floor is occupied by the restaurant, while the second and third floors offer 7,000+ square feet of clean, blank slate space ideal for conversion into apartments, offices, or other complementary uses. Ample parking is available in an attached lot. The asking price for this well-maintained property is $365,000, translating to a price per square foot of $30.51. This represents a compelling investment in a thriving downtown Toledo location with significant upside potential. The property's strong tenant, prime location, and versatile upper floors make it an attractive proposition for both seasoned investors and those seeking a high-return opportunity in a dynamic urban setting. The Lucas County address and 43604 zip code further solidify its desirability.

Property profile
Verified
Property type Retail properties & Spaces
Total area 11,965 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Grumpy's Toledo Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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