Property profile

1502 Monroe St Toledo, OH 43604

OFF-MARKET
Retail properties & Spaces
7,000 SF 0.24 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 7,000-square-foot retail property, located at 1502 Monroe St. in Toledo's Downtown submarket, presents a unique investment opportunity. Situated on a 0.24-acre lot, this single-tenant building boasts 200 feet of frontage on Monroe Street, enhanced by two convenient curb cuts for optimal accessibility. The C-55 zoning allows for a variety of uses, making it suitable for a range of businesses. The property includes six parking spaces for staff and customers. Inside, the space features a practical overhead door, perfect for logistical needs, and a separate showroom entryway, ideal for customer interaction and retail displays. This strategic location within Toledo's Downtown submarket cluster ensures high visibility and foot traffic. The property's location within an Opportunity Zone provides significant tax advantages for investors. Property taxes are $6.90 per square foot. The APN is 188167, and the cross street is N 15th St. This turnkey property is ready for immediate occupancy and offers substantial potential for growth and return on investment. Don't miss this chance to acquire a prime commercial space in a thriving urban area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,000 SF
Lot 0.24 ac (10,454 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1502 Monroe St Toledo, OH 43604
Toledo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1502 Monroe St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message