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Strip Center - Toledo, OH 2040 Ottawa River Rd

11,116 SF 100% Leased Retail Building Toledo, OH 43611 £986,250 (£89/SF)

Investment Highlights

  • Roof was replaced in 2021 and has a 20 year transferable warranty in place
  • Dense Demographics - 33,000+ People Reside Within 3 Mile Radius of Site
  • Seller Financing available (75% LTV) Contact Broker for more details
  • High Traffic Counts - 11,000+ Vehicles Pass Site Daily on Ottawa River Rd
  • HVAC condition and age- Marco's Pizza ( 1 new unit and 1 that is 7 yrs old, River Diner ( Installed in 23'), Verizon (New unit installed 4-5 yrs ago)

Executive Summary

For Sale - Strip Center

Attachments

Strip Center - Toledo, OH

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,116 SF
Building Class
C
Year Built
1973
Price
£986,250
Price Per SF
£89
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.26
Land Acres
1.00 AC
Zoning
C-R
Parking
60 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
81 ft on Ottawa River

Amenities

  • Bus Route
  • Pylon Sign
  • Security System
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 5,901 SF
  • Retail
  • In-Line
  • 30 Days

- Inline retail center located on Ottawa River Road in Point Place - 5,901 SF of inline retail space available - space can be split - Façade and pylon signage with excellent exposure - Expanded, lighted parking lot - Other tenants include: Marco's Pizza, Verizon and River Diner

Space Size Space Use Position Available
1st Floor 5,901 SF Retail In-Line 30 Days

1st Floor

Size
5,901 SF
Space Use
Retail
Position
In-Line
Available
30 Days

1st Floor

Size 5,901 SF
Space Use Retail
Position In-Line
Available 30 Days

- Inline retail center located on Ottawa River Road in Point Place - 5,901 SF of inline retail space available - space can be split - Façade and pylon signage with excellent exposure - Expanded, lighted parking lot - Other tenants include: Marco's Pizza, Verizon and River Diner

Links

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PROPERTY TAXES

Parcel Number 22-78071 Improvements Assessment £183,170
Land Assessment £15,271 Total Assessment £198,441

PROPERTY TAXES

Parcel Number
22-78071
Land Assessment
£15,271
Improvements Assessment
£183,170
Total Assessment
£198,441
(248) 450-3046

  • Listing ID: 30945252

  • Date on Market: 13/02/2024

  • Last Updated:

  • Address: 2040 Ottawa River Rd, Toledo, OH 43611

The Retail Property at 2040 Ottawa River Rd, Toledo, OH 43611 is currently available For Sale. Contact Legacy Commercial Real Estate Advisors for more information.

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© 2024 CoStar Group

Strip Center - Toledo, OH | 2040 Ottawa River Rd
(248) 450-3046 x

Strip Center - Toledo, OH | 2040 Ottawa River Rd

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Danny Francis

(248) 450-3046

(248) 450-3046

Dominic Shamany

(248) 450-3259

(248) 450-3259

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