2645 Central Ave Toledo, OH 43606

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.