For Sale
$189,000

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

Prime Toledo location, great investment potential.

Overview

Added:
Feb 3
Days on market:
61
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
Year Built
1966
Lot Size (sq. ft)
35,284 SF

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.6726
Longitude
-83.609
4257/4253 Monroe Unit 4257/425, Toledo, Ohio

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4257/4253 Monroe Unit 4257/425
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