2645 Central Ave Toledo, OH 43606
Property profile & analytics
2645 Central Ave, Toledo, OH 43606
- Retail space
- 3,324 SF
- 0.62 lot acres
Property ID
US66-1799642
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 2645 Central Ave
- Year built
- 1948
- Lot size
- 0.62 lot acres
- Zone code
- 10-CR
- Property type
- Retail space
- APN
- 18-46811
- APU
- 1846811
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6074
- Latitude
- 41.6773
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,182
$30,870
$42,210
$73,080
-
$88,200
$120,600
$208,800
