6616 Monroe St, Sylvania, OH 43560-1960
- Office buildings
- 7,992 SF
- 0.27 lot acres
Current Use by Public Records
- Melinda Barringer Massage Therapy / Alternative Medicine Practice / Spa & Massage Center
- Montgomery-Nichols / Insurance Agency
- Nichols Thomas / Insurance Agency
- Jamilynn Fox: Allstate Insurance / Insurance Agency
- Gibellato Insurance Agency / Insurance Agency
Property Details for 6616 Monroe St
- Year built
- 1965
- Lot size
- 0.27 lot acres
- Zone code
- 31-B3
- Property type
- Office buildings
- APN
- 82-10266
- APU
- 8210266
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 2, 2024 | — | Montgomery Holding Company Ltd | — | Deed · related | $325k · Signature Bank NA |
| Nov 8, 2022 | $3,980 | City Of Sylvania | Montgomery Holding Company Ltd | Warranty Deed | — |
| Nov 2, 2022 | — | Montgpmery Holding Company Ltd | Montgomer Holding Company Ltd | Quit Claim Deed · related | — |
Description
This 7,992 square foot, Class C office building, constructed in 1960, presents a unique investment opportunity in the heart of Downtown Sylvania. Currently featuring seven suites, with 630 square feet of vacant space, this multi-tenant property offers excellent potential for growth. The building is conveniently located near Main Street's vibrant restaurant and retail scene, providing high visibility and accessibility for businesses. One available suite includes a lobby, two office areas, and a private bathroom, ideal for a small office or retail service business. The property benefits from its proximity to a city-maintained public parking lot, ensuring convenient parking for tenants and clients. The modified gross lease structure includes a monthly rent of $950 and a security deposit of the same amount. Tenant responsibilities encompass gas, electric, telephone, and internet services. Landlord responsibilities cover taxes, insurance, landscaping and snow removal, water, exterior building maintenance, and trash removal. This property offers a compelling blend of location, amenities, and a manageable lease structure, making it an attractive option for both investors and tenants seeking a prime location in Downtown Sylvania. The building's address is conveniently located near Richard Becker Place.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Sylvania
- County
- Lucas
- State
- Ohio
- Longitude
- -83.704
- Latitude
- 41.7159
- CBSA code
- 45780
- CBSA name
- TOLEDO, OH METROPOLITAN STATISTICAL AREA
