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302 Laskey Rd Toledo, OH 43612-3433

OFF-MARKET Turn key restaurants Google Maps
1,680 SF 0.19 ac lot Built 1954
Entity Owned 9-yr Hold Free & Clear
Estimated value (blended)
$225k
Range $203k – $248k (±10%)
Property ID US66-0799973

Property summary

AI-generated overview

This exceptional 1,680 square foot retail space, formerly Hammer's Grill, is available for $150,000. Located at 302 W Laskey Rd in Toledo, Ohio (zip code 43612), this property boasts a highly desirable location with excellent demographics and visibility. Situated at the corner of Tractor Road, it benefits from convenient curb cuts onto both Laskey and Tractor Roads, ensuring easy access for customers. The building, constructed in 1954, sits on a 0.186-acre lot and includes 12 parking spaces. The property is currently vacant and offers significant potential for a variety of uses, including a restaurant, general retail, or office space. All fixtures, furniture, and equipment (FF&E) from the previous restaurant are included in the sale. The permitted zoning is 10-IL. The property's APN is 0236017. This is a turnkey opportunity for an entrepreneur looking to establish a thriving business in a high-traffic area of Toledo. The single building offers ample space and the existing infrastructure provides a solid foundation for a new venture. Don't miss this chance to own a piece of Toledo's vibrant commercial landscape.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1954
Total area 1,680 SF
Lot 0.19 ac (8,087 SF)
Zoning code 10-IL
APN 02-36017
UPID US66-0799973

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2017
3 recorded transactions
2017
Price N/A
2016
$60,000
2010
Price N/A

Zoning & alternative use

10-IL · Toledo, OH

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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