1101 Mccord Rd, Toledo, OH 43615-4123
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.
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Tee Oriental Food & Gifts (Bike/Boat/Book/etc) Store Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
19-C2 · Toledo, OHToledo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.