1501 Buckingham St Toledo, OH 43607-4308
- Retail space
- 4,086 SF
- 0.13 lot acres
Apr 11, 2023
Current Use by Public Records
- Watkins Carry Out / Grocery & Convenience Store
Property Details for 1501 Buckingham St
- Year built
- 1916
- Lot size
- 0.13 lot acres
- Property size
- 4,086 SF
- Zone code
- 10-RD6
- Property type
- Retail space
- APN
- 08-54234
- APU
- 854234
Description
Prime Toledo location at 1501 Buckingham St offers a unique investment opportunity. This mixed-use property boasts a 4,086 square foot building, encompassing a 1,400 square foot retail storefront and a 1,300 square foot, three-bedroom, one-and-a-half-bathroom residence. Recently renovated in 2023, the property is move-in ready and includes fixtures, fittings, and equipment (FFE) such as a cash wrap, shelving, and coolers. The retail space features street parking, while the residence benefits from a detached garage offering 2.5 car parking. Situated on a 0.128-acre corner lot in the Airline Junction neighborhood, the property provides excellent visibility with 150 feet of frontage. The permitted zoning is 10-RD6 Duplex Residence with a SUP Retail/Apartment Over designation. Built in 1916, this Class C building presents a strong return on investment for an owner-user seeking a blend of commercial and residential space. The asking price is $119,900, translating to $29.34 per square foot. This is an exceptional opportunity for a small business owner seeking a combined living and working space.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,255,000
- ML approach
- $2,230,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.5799
- Latitude
- 41.6428
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA
