523 Segur Ave Toledo, OH 43609
Prime opportunity to acquire a well-maintained, 5,583 square foot church building situated on a 0.231-acre lot in Toledo, Ohio. This unique property, built in 1868 and renovated in 2015, boasts a spacious sanctuary on the second floor, conveniently accessible via a chairlift from the first floor. The building also includes a kitchen and updated restrooms (2015). The property features a new roof (2014) and offers excellent visibility with 90 feet of frontage. The sale includes an adjacent lot, expanding the potential uses. The 10-RM36 Multi-Family Residence zoning permits a wide range of residential and public/civic uses, making this an attractive investment for developers or community organizations. Conveniently located between I-75 and the Anthony Wayne Trail in the Old South End, it's just a short five-minute drive to Downtown Toledo. The property's APN is 0402971 & 0402974. Street parking is available. The lot dimensions are 90 feet of frontage by 112 feet deep. This is a single-unit property with two stories. The asking price is $99,000, translating to $17.73 per square foot.
Cap rate
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Property description
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