2665 Navarre Ave, Oregon, OH 43616-3245
- Strip malls
- 9,786 SF
- 2.23 lot acres
Current Use by Public Records
- Strip malls
Property Details for 2665 Navarre Ave
- Year built
- 1957
- Lot size
- 2.23 lot acres
- Zone code
- 40-C2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 44-21274
- APU
- 4421274
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 16, 2025 | — | 7b Real Estate Bt Holdings LLC | — | Deed · related | $10M · Northwest Bank |
| Jun 23, 2025 | $1,360,000 | 7b Real Estate Bt Holdings LLC | Freeway Kiezi Development Co LLC | Warranty Deed | — |
| Sep 29, 2021 | — | Freeway Kiezi Development Co | — | Deed · related | $200k · Ahil Holdings LLC |
| May 1, 2018 | $1,325,000 | Freeway Kiezi Development Co LLC | Free Way Service Centre LLC | Corporation Deed | $994k · The Citizens National Bank Of Bluff |
| Jul 15, 2015 | — | Free Way Service Center LLC | Free Realty Co | Quit Claim Deed · related | — |
Description
Exceptional development opportunity in Oregon, Ohio. This 19,887 square foot vacant shopping center, built in 1957, sits on a 2.3-acre lot and is listed at $1,800,000 ($90.51/sq ft). The property boasts 161 feet of frontage on Navarre Avenue, a major thoroughfare with 27,273 vehicles daily, offering excellent visibility and access. Additional access is provided via a roadway off S. Wheeling Street, which sees 11,578 vehicles daily and serves nearby businesses including Cedar Run Apartments, Chase Bank, Tim Horton's, and Arby's. The strategic location is directly across from St. Charles Hospital and near the I-280 interchange, ensuring high traffic volume and strong potential for tenant attraction. The existing multi-tenant retail building presents an opportunity for redevelopment or re-tenanting. The surrounding area demonstrates strong demographics, with 50,620 people and a $42,651 median household income within a 3-mile radius. This property offers significant potential for investors seeking a high-traffic retail location with redevelopment possibilities. The property includes land along Navarre Avenue and a potential median break to capture eastbound traffic.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,210,000
Market price range: $324k - $1.37M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $795,000 Current use
- RESTAURANT
- $1,410,000 Change: +77% Conversion: Difficult
- MEDICAL BUILDING
- $990,000 Change: +25% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $715,000 Change: -10% Conversion: Difficult
- RETAIL STORES
- $690,000 Change: -13% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oregon
- County
- Lucas
- State
- Ohio
- Longitude
- -83.4846
- Latitude
- 41.6377
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA
