1207 Reynolds Rd Toledo, OH 43615-4757
- Strip malls
- 87,524 SF
- 6.85 lot acres
Current Use by Public Records
- City Tan & Nutrition / Tanning Salon
- DG Market / Grocery & Convenience Store / Food Market
- Super Fitness / Gym & Fitness Center
Property Details for 1207 Reynolds Rd
- Year built
- 1961
- Lot size
- 6.85 lot acres
- Property size
- 87,524 SF
- Zone code
- 10-CR
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 20-17237
- APU
- 2017237
Description
This thriving Toledo business, established in 2004, presents a unique investment opportunity. Located at the entrance of Super Fitness Gym on Reynolds Road, the City Tan & Nutrition Center enjoys high visibility and foot traffic. The business model centers around a popular smoothie bar offering nutritious energy drinks made to order, complemented by casual seating. A wide selection of healthy protein products, energy bars, and snacks further enhances revenue streams. The center also boasts a profitable tanning salon featuring various tanning beds and products catering to all skin types. This turnkey operation includes all furniture, fixtures, tanning beds, and equipment, ensuring a smooth transition for the new owner. The 7.1-acre lot provides ample space and potential for future expansion. The business has a proven track record of success, making it an attractive proposition for entrepreneurs seeking a well-established and profitable venture. Serious inquiries only, showings are by appointment. Financial details are available upon request and a non-disclosure agreement. This is a rare opportunity to acquire a profitable and established business in a prime location. Don't miss out on this chance to own a successful and growing enterprise.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,069,000
- AI Estimate
- $5,239,000
Market price range: $2.51M - $9.25MMarket price range: $2.31M - $17.5M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $6,170,000 Current use
- RETAIL STORES
- $7,185,000 Change: +16% Conversion: Easy
- MEDICAL BUILDING
- $6,485,000 Change: +5% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $6,315,000 Change: +2% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $5,335,000 Change: -14% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6661
- Latitude
- 41.6516
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA