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    6511 Central Ave Toledo, OH 43617

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    Property profile & analytics

    6511 Central Ave Toledo, OH 43617


    • Retail space
    • 10,304 SF
    • 2.12 lot acres
    Toledo Retail Opportunity on Central For Lease
    $615,000

    Toledo Retail Opportunity on Central

    High-visibility retail space ideal for bakeries, cafes, and food retailers.

    6511 Central Ave, Toledo, OH 43617
    View Listing
    Property ID
    US66-2313079
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $615,000
    Cap Rate Potential
    8.5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Cake in a Cup / Bakery / Specialty Food Shop
    • Amethyst Hair & Beauty by Maddie / Hair Salon
    • David Broadway Salon / Tanning Salon
    • Studio V Salon and Spa / Hair Salon / Nail Salon
    • Kempo Martial Arts and Fitness Center / Training Center / Sports School

    Property Details for 6511 Central Ave

    Year built
    1986
    Lot size
    2.12 lot acres
    Property size
    10,304 SF
    Zone code
    20-MX
    Property type
    Retail space
    APN
    78-58967
    APU
    7858967

    Description

    This exceptional 10,512 square foot multi-use property, located at 6511 Central Avenue in Toledo, Ohio (zip code 43617), presents a unique investment opportunity. Classified as special purpose, the building currently offers a mix of retail, office, and restaurant space under multiple tenancies. One space, measuring 1,000 square feet, is immediately available. The property enjoys a prime location on Central Avenue, offering excellent visibility and accessibility, with convenient access to I-475. This high-traffic area boasts a strong concentration of established businesses, including prominent national chains such as Buffalo Wild Wings, Meijer, Bob Evans, Walmart, and Taylor Hyundai, ensuring high foot traffic and potential customer base. Situated in Lucas County, Ohio, this property is well-positioned to benefit from the area's economic growth and robust retail environment. The building's versatile layout makes it suitable for a variety of uses, providing flexibility for potential tenants and investors. This is an excellent chance to acquire a well-located commercial property in a thriving Toledo neighborhood. Detailed financial information and lease terms are available upon request.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $795,000
      ML approach
      $725,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $416,000
      Market price range: $303k - $1.24M
      AI Estimate
      $545,000
      Market price range: $408k - $1.25M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $670,000
      Current use
      MEDICAL BUILDING
      $765,000
      Change: +14% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $745,000
      Change: +11% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $725,000
      Change: +9% Conversion: Moderate
      OFFICE BUILDING
      $655,000
      Change: -2% Conversion: Easy
      COMMERCIAL (GENERAL)
      $630,000
      Change: -6% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.6984
    Latitude
    41.6748
    CBSA code
    45780
    CBSA name
    TOLEDO, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,544
    $159,425
    $54,670
    $214,095
    -
    $455,500
    $156,200
    $611,700
    View Listing
    More about this property
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