Toledo, OH Shopping Centers for Sale

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Updated: Nov 24, 2025

Toledo Retail Property For Sale

2040 Ottawa River Rd, Toledo, OH

$1,100,000

11,116 sqft 1.01 AC lot

Seller financing available (75% LTV)
Roof replaced in 2021 with a 20‑year transferable warranty
High traffic counts: 11,000+ vehicles pass the site daily
Dense demographics: 33,000+ residents within a 3‑mile radius
Strong daytime employee base: 21,000+ within a 3‑mile radius

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This listing looks promising.

Here's a quick look at some key insights for

2040 Ottawa River Rd, Toledo, OH

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Est. Cap Rate

7.7%
Above avg (5.9%)
Est. NOI

$85K
Annual
Mortgage

$500K
Oct 2011
Last Sold

Oct 2011
$750K
Property Type

Neighborhood: Shopping Center, Strip Center, Enterprise Zone
Built 1973

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Updated: Jun 30

Multi-Tenant Retail Building

920 West Alexis Road, Toledo, OH 43612

$2,575,000

27,703 sqft

1968‑built, 4‑tenant retail building anchored by Dollar Tree and Rainbow Shops
95% occupied retail property with available units in a multi‑access shopping center
Pylon signage on 2 major roadways and multiple access points along West Alexis Rd
Traffic count of 21,220 on Alexis Rd (2024) and 16,405 on Lewis Ave (2024)
Recent nearby development includes retailers such as Ross, Five Below, Michael’s, Hibbett Sports, and Dairy Queen Grill & Chill (2024‑2025)

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Multi-Tenant Retail Strip Plaza

4735 Monroe St, Toledo, OH

$990,000

6,000 sqft 0.83 AC lot

6,000 SF retail plaza with high visibility and traffic.

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Toledo Shopping Center Investment Opportunity

5255 Hill Ave, Toledo, OH

$695,000

10,000 sqft 0.99 AC lot

Fully occupied shopping center with long-term tenants and ample parking.

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North Toledo Retail Center Space

4900 Jackman Rd, Toledo, OH

$895,694

7,080 sqft 1.62 AC lot

Retail space available within a prominent neighborhood shopping center.

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Value-Add Retail Investment Opportunity

2626 West Laskey Road, Toledo, OH 43613

Contact for pricing

59,650 sqft 0.88 AC lot

Multitenant retail property with long-term tenants and development potential.

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Retail Building Anchored by Dollar Tree

920 W Alexis Road, Toledo, OH 43612

$2,650,000

100% occupied, 4-tenant retail building for sale.

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Retail Center Near University Campus

2903 Dorr Street, Toledo, OH 43607

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Retail center across from University of Toledo main campus.

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Best Buy Anchored Shopping Center

4505 Monroe Street, Toledo, OH 43613

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Regional shopping center shadow-anchored by Kroger.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Toledo, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Storefront Space with Corner Access

9500 - 9624 Belleville Road, Belleville, MI 48111

Contact for pricing

2,892 sqft

Retail space in a well-maintained center, offering multiple entrances and flexibility to split into smaller suites.

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High-Visibility Shopping Center For Sale

3354 Washtenaw Avenue |, Ann Arbor, MI 48104

Contact for pricing

8 sqft

Shopping center on Washtenaw Avenue, near US-23 and major universities.

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Arbor Hills Retail Opportunity

3010 Washtenaw Avenue |, Ann Arbor, MI 48104

Contact for pricing

86 sqft

Retail space available in a premier Ann Arbor shopping destination.

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Retail Space in Belleville Plaza

761 -899 Sumpter Road |, Belleville, MI 48111

Contact for pricing

Retail space available in Dollar Tree anchored shopping center.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Development Site Dundee

470 Tecumseh Street, Dundee, MI 48131

$995,000

2.01 AC lot

2.01 acre commercial development site on Tecumseh Street.

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Prime Commercial Land Near US-23

Arkona Road, Milan, MI 48160

$1,900,000

18.53 AC lot

18.53 acre commercial land parcel with US-23 visibility.

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Fremont Commercial Land Opportunity

2406 N State Route 53, Fremont, OH 43420

$500,000

5.10 AC lot

5.1 acre commercial land parcel in high-traffic Fremont area.

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Fremont Commercial Land Opportunity

2400 N State Route 53, Fremont, OH 43420

$1,520,000

27.57 AC lot

Prime commercial land with development potential in high-traffic area.

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Off-Market Properties in Toledo, OH

Consider similar Off-Market properties in Toledo, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

SHOPPING CENTER, STRIP CENTER

6725 Central Ave, Toledo, OH 43617-1148

$3,300,000

Estimated value

48,798 sqft 6.55 AC lot

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SHOPPING CENTER, STRIP CENTER

5444 Airport Hwy, Toledo, OH 43615-7394

$1,245,000

Estimated value

12,150 sqft 1.46 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

7027 State Rte 224, Ottawa, OH 45875-9790

Value Estimation by Request

1.37 AC lot

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SHOPPING CENTER, STRIP CENTER

4311 Heatherdowns Blvd, Toledo, OH 43614-3102

$1,290,000

Estimated value

18,834 sqft 2.41 AC lot

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SHOPPING CENTER, STRIP CENTER

5086 Douglas Rd, Toledo, OH 43613-2607

Value Estimation by Request

0.26 AC lot

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SHOPPING CENTER, STRIP CENTER

5074 Douglas Rd, Toledo, OH 43613-2607

Value Estimation by Request

0.26 AC lot

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SHOPPING CENTER, STRIP CENTER

5145 Glendale Ave, Toledo, OH 43614-1801

Value Estimation by Request

6,000 sqft 0.82 AC lot

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SHOPPING CENTER, STRIP CENTER

2266 Tedrow Rd, Toledo, OH 43614

Value Estimation by Request

4,500 sqft 0.56 AC lot

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MINI-MALL

3360 Glendale Ave, Toledo, OH 43614-2425

$2,050,000

Estimated value

2,736 sqft 0.69 AC lot

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SHOPPING CENTER, STRIP CENTER

5157 Monroe St, Toledo, OH 43623

$5,675,000

Estimated value

63,775 sqft 4.58 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

5057 Lewis Ave, Toledo, OH 43612

Value Estimation by Request

20,420 sqft 1.27 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

604 Broad St, Ottawa, OH 45875

$1,040,000

Estimated value

2.63 AC lot

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MINI-MALL

3300 Glendale Ave, Toledo, OH 43614

Value Estimation by Request

3.58 AC lot

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SHOPPING CENTER, STRIP CENTER

3022 Glendale Ave, Toledo, OH 43614-2564

$1,620,000

Estimated value

1,218 sqft 0.28 AC lot

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SHOPPING CENTER, STRIP CENTER

4434 Secor Rd, Toledo, OH 43623-4258

Value Estimation by Request

3,484 sqft 0.32 AC lot

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Toledo, OH Shopping Centers Market Trends and Statistics

Explore 72 shopping centers for sale in Toledo, OH, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 61,899 square feet of properties for sale, with an estimated market value of $6,255,694.

Sale prices for plazas in Toledo, OH start at $695,000, averaging $1,251,138, and reaching up to $2,575,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 299K

Population Growth (5Y) -1.9%

Median Household Income $52,956

College Educated 15.8%

High-Yield Neighborhoods for Investment

Identify Toledo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
43615	$695K
43612	$2.7M

Taxes & Financing

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Toledo fall within the 100,000+ square foot range.

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Toledo, OH Shopping Centers for Sale

2040 Ottawa River Rd, Toledo, OH

920 West Alexis Road, Toledo, OH 43612

4735 Monroe St, Toledo, OH

5255 Hill Ave, Toledo, OH

4900 Jackman Rd, Toledo, OH

2626 West Laskey Road, Toledo, OH 43613

920 W Alexis Road, Toledo, OH 43612

2903 Dorr Street, Toledo, OH 43607

4505 Monroe Street, Toledo, OH 43613

Opportunities in Nearby Cities

9500 - 9624 Belleville Road, Belleville, MI 48111

3354 Washtenaw Avenue |, Ann Arbor, MI 48104

3010 Washtenaw Avenue |, Ann Arbor, MI 48104

761 -899 Sumpter Road |, Belleville, MI 48111

Potential Development Sites for Consideration

470 Tecumseh Street, Dundee, MI 48131

Arkona Road, Milan, MI 48160

2406 N State Route 53, Fremont, OH 43420

2400 N State Route 53, Fremont, OH 43420

Off-Market Properties in Toledo, OH

6725 Central Ave, Toledo, OH 43617-1148

5444 Airport Hwy, Toledo, OH 43615-7394

7027 State Rte 224, Ottawa, OH 45875-9790

4311 Heatherdowns Blvd, Toledo, OH 43614-3102

5086 Douglas Rd, Toledo, OH 43613-2607

5074 Douglas Rd, Toledo, OH 43613-2607

5145 Glendale Ave, Toledo, OH 43614-1801

2266 Tedrow Rd, Toledo, OH 43614

3360 Glendale Ave, Toledo, OH 43614-2425

5157 Monroe St, Toledo, OH 43623

5057 Lewis Ave, Toledo, OH 43612

604 Broad St, Ottawa, OH 45875

3300 Glendale Ave, Toledo, OH 43614

3022 Glendale Ave, Toledo, OH 43614-2564

4434 Secor Rd, Toledo, OH 43623-4258

Toledo, OH Shopping Centers Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

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