6711 Monroe St Sylvania, OH 43560-1993
This exceptional 8,784-square-foot Class B office building presents a compelling investment opportunity in Toledo, Ohio. Located at 6711 Monroe St, Unit 3, in Sylvania, Lucas County, this property sits on a 0.81-acre lot and offers a versatile open floor plan, perfect for a variety of businesses. The asking price is $925,000. Its prime location within the city's commercial hub makes it highly attractive to both established companies and startups seeking a strong presence in the Toledo market. The building's size and layout provide ample space for growth and expansion, making it an ideal choice for businesses looking to scale their operations. The property is currently available for sale, offering a significant return on investment for prospective buyers. Its strategic location and functional design combine to create a highly desirable commercial property. The address is easily accessible, offering convenient access to major transportation routes and amenities. This presents a rare opportunity to acquire a well-situated, spacious office building in a thriving commercial area. The property's potential for rental income, based on a rate of $16 per square foot, further enhances its investment appeal. Serious inquiries are encouraged to explore this exceptional opportunity.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
31-B1B · Sylvania, OHNo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.