1256 Broadway St Toledo, OH 43609-2808
Heritage South Plaza, located at 1256 Broadway Street in Toledo, Ohio (43609), presents a compelling retail investment opportunity. This single-story, 11,860 square foot strip center, built in 1987, sits on a 0.72-acre lot and offers ample parking with 36 spaces. Currently, there are multiple units available, ranging from a minimum of 1,419 square feet to a maximum contiguous space of 2,640 square feet. A total of 4,059 square feet is currently vacant, providing flexibility for various retail concepts. The property is zoned CS - Commercial Service and is conveniently located near Western Avenue in Toledo's South/Southwest submarket. The property's APN is 02-21251, and it's situated in Lucas County. This well-positioned center offers excellent visibility and accessibility, making it an ideal location for businesses seeking a strong presence in a thriving commercial area. The property's single-story design and ample parking provide convenience for both tenants and customers. This is a rare opportunity to secure retail space in a desirable Toledo location.
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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
10-CS · 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.