For Sale
$189,000

4257/4253 Monroe Unit 4257/425 Toledo, OH 43606

Prime Toledo location, great investment potential.

Overview

Added:
Feb 3
Days on market:
82
This exceptional commercial property, located at 4257/4253 Monroe Street, Toledo, OH, presents a unique investment opportunity. Situated on a sizable 0.81-acre lot, the building offers significant potential for various commercial uses. Previously utilized as a chiropractic office, the property is ready for immediate occupancy or lease. The building's interior is left in its as-is condition, with existing equipment available for sale separately to the new owner or tenant. A lease is available for a flexible term of 3 to 5 years, providing a solid foundation for long-term income generation. The lease agreement includes a standard security deposit equivalent to one month's rent. Tenants are responsible for all common area maintenance (CAM) charges, net-net-net (NNN) expenses, and utilities, ensuring predictable and manageable operating costs for the owner. The asking price for this property is $189,000, representing a compelling value in the Toledo commercial real estate market. This property is ideal for investors seeking a strong return on investment or entrepreneurs looking to establish their business in a well-located building. The ample lot size also offers potential for future expansion or development. Serious inquiries are encouraged.

Property Details for 4257/4253 Monroe Unit 4257/425

Property type
Commercial real estate
Year Built
1966
Lot Size (sq. ft)
35,284 SF

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.6726
Longitude
-83.609

FAQs

What type of property is this?
Commercial real estate - Prime Toledo location, great investment potential.
Where is the commercial real estate located?
The property is located at 4257/4253 Monroe Unit 4257/425 Toledo, OH.
What is the asking price?
The asking price for this property is $189,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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4257/4253 Monroe Unit 4257/425
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