3024 131st St Toledo, OH 43611-2329
- Specialty properties
- 6,978 SF
- 0.91 lot acres
Oct 27, 2022
Current Use by Public Records
- Specialty properties
Property Details for 3024 131st St
- Year built
- 1955
- Lot size
- 0.91 lot acres
- Property size
- 6,978 SF
- Zone code
- 10-CN
- Property type
- Specialty properties
- APN
- 18-56704
- APU
- 1856704
Description
This exceptional 6,978 square foot property, located at 3024 131st St in Toledo, Ohio, presents a unique investment opportunity. Built in 1955 and extensively renovated in 2023, this single-story building sits on a 1.34-acre lot and is zoned CN Neighborhood Commercial. Previously used as a Masonic Lodge, the adaptable space offers a multitude of potential uses, including banquet hall, church, daycare center, office space, retail establishment, or restaurant. The layout features two large halls/meeting rooms, each approximately 3,000 square feet, perfect for gatherings or events. A fully equipped kitchen, office space, two restrooms, ample storage areas, and a garage with an overhead door add to the property's functionality. With a seating capacity of 298 for banquet-style events, this property is ready for immediate occupancy. The asking price is $249,000, translating to $35.68 per square foot. The property's location in the well-established Point Place area of Toledo, Lucas County (zip code 43611), offers excellent visibility and accessibility. The APN is 18-56704. This is a vacant, single-unit property offering significant potential for a savvy investor.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $110,000
- ML approach
- $130,000
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Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.4735
- Latitude
- 41.7197
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA