3100 Central Ave Toledo, OH 43606

This exceptional Class A medical office building, located at 3100 & 3110 W. Central Avenue in Toledo, Ohio, presents a compelling investment opportunity. The property boasts a total of 44,704 square feet across a three-story building, situated on a 1.02 to 1.55-acre lot. Built in phases (1957, 1990, and 2004), with renovations completed in 1990, the building offers a blend of established infrastructure and modern updates. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $236,000, resulting in an attractive 9% capitalization rate. The asking price is $2,495,000, translating to $85.69 per square foot. The property features 130 parking spaces and is zoned CO - Office Commercial. Its prime location within Toledo's Central/Secor retail corridor provides convenient access to the expressway system, surrounded by various retailers, restaurants, and other offices, and is only 0.75 miles from I-475. The building benefits from a campus-like setting and is impeccably maintained, featuring new carpeting in common areas on most of the first floor and the entire second floor. Additional financial information, including a rent roll and income/expense statement, is available upon request. The property's APN is 07-49014