4334 Central Ave Toledo, OH 43615
- Retail space
- 34,944 SF
- 0.68 lot acres
Current Use by Public Records
- Washer And Dryer Repair Service's / Door Supplier / Appliance Parts Supplier
- The Laser Group, LLC / Tax Preparation Service / Accountant
- Damrauer Beverly R PHD / Psychologist
- Lutz Attorneys / Attorney / Elder Law Attorney
- Mock Law LPA / Elder Law Attorney / Estate Planning Attorney
Property Details for 4334 Central Ave
- Year built
- 1954
- Lot size
- 0.68 lot acres
- Property size
- 34,944 SF
- Zone code
- 10-CR
- Property type
- Retail space
- APN
- 24-10504
- APU
- 2410504
Description
Located at 4334 Central Ave in Toledo, Ohio (zip code 43615), Ottawa Hills Place offers a unique blend of retail and office space in a prime location within Toledo's most affluent neighborhood. This two-story building totals 18,151 square feet and presents a flexible leasing opportunity for businesses seeking spaces ranging from 1,200 to 8,800 contiguous square feet. The ground floor currently houses a mix of complementary retail businesses, benefiting from its strategic proximity to, yet distinct positioning from, major shopping centers like Franklin Park Mall and Westgate Village Shopping Center. This creates a synergistic environment ideal for businesses seeking high foot traffic and a strong local customer base. The second floor is entirely occupied by executive office suites, offering a highly sought-after alternative to traditional downtown or suburban office locations. The property's diverse tenant mix caters to a variety of business types, including executive offices, boutique retail, in-line retail, service retail, specialty retail, entertainment, restaurants, coffee shops, fashion, and apparel businesses. This exceptional property provides an unparalleled opportunity to establish a presence in a thriving and affluent community. Contact us today to learn more about available spaces and leasing options. Minimum leasable space is 1,200 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $690,000
- 6.5%
- $585,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $570,000
- Geo Method
- $555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $705,000
- Retail
- $525,000
- Mixed-Use
- $510,000
- Hospitality
- $705,000
- Educational
- $580,000
- Residential Income
- $695,000
- Energy
- $690,000
- Income-Based Land
- $640,000
- Food Service
- $660,000
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6452
- Latitude
- 41.6773
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA
