1101 Mccord Rd Toledo, OH 43615
- Retail space
- 6,000 SF
- 1.01 lot acres
Current Use by Public Records
- Tee Oriental Food & Gifts / Asian Grocery Store
Property Details for 1101 Mccord Rd
- Year built
- 2003
- Lot size
- 1.01 lot acres
- Property size
- 6,000 SF
- Zone code
- 19-C2
- Property type
- Retail space
- APN
- 65-46293
- APU
- 6546293
Description
This exceptional commercial property at 1101 N McCord Road, Unit 1101, Toledo, OH, presents a unique investment opportunity. Situated on a 1.03-acre lot, the property boasts a total of 6,000 square feet of space. A thriving 4,000 square foot Oriental Food Mart currently occupies a significant portion, benefiting from a loyal customer base drawn to its diverse selection of specialty goods. This established business represents a strong foundation for continued success. Adjacent to the market is a substantial 2,000 square foot vacant space, ripe with potential. This area offers flexibility for expansion of the existing business, the addition of a complementary enterprise, or independent leasing for supplemental income generation. The property's high-traffic location ensures excellent visibility and accessibility, maximizing the potential for both existing and future operations. The asking price for the real estate is $600,000. The existing business is available for separate purchase at an additional cost of $150,000. This presents a compelling opportunity for investors seeking a blend of established income and significant growth potential. Don't miss this chance to acquire a prime commercial property in a thriving Toledo location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.7043
- Latitude
- 41.6519
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA