Property summary
This exceptional Toledo, Ohio property, located at 2645-2655 Central Ave, offers 38,010 square feet of versatile space, currently 100% occupied by a medical service company under a gross lease expiring December 30, 2025. The building, constructed in 1946 and renovated in 1948, features a mix of warehouse, showroom, and office space, boasting ceiling heights ranging from 8'10" to 12'-18'. The asking price is $1,495,000, translating to $46.04 per square foot. Situated on a 1.86-acre lot with… 256 feet of Central Avenue frontage, the property provides convenient access to both Central Avenue and Douglas Road, offering excellent visibility and accessibility. Ample parking is available with 82 spaces. The property benefits from its strategic location, close to I-475 via Douglas Road (0.4 miles), Toledo Hospital (0.7 miles), and the University of Toledo (1.5 miles). The building is zoned CR and features 400-amp and 600-amp power. The current tenant, a medical service company, pays a net-net-net (NNN) rent of $23,387 per month. This presents a strong investment opportunity with a stable income stream and significant potential for future growth. The property's diverse functionality and prime location make it an attractive asset for a variety of uses.
Ownership intelligence
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Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
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Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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