For Sale
$89,000

5501 Lewis AveToledo, OH 43612

899 SF Free-Standing Building, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
115
This 899-square-foot free-standing storefront building in Toledo, Ohio, presents a compelling investment opportunity. Located at 5501 Lewis Ave, this single-tenant property boasts a strong lease history, with the current tenant occupying the space for the past six years under an $850/month NNN lease. The building, constructed in 1955, features one entry/waiting room, two private rooms, a restroom, and a storage closet. The property includes 24 private paved parking spaces and a pylon sign for excellent visibility. Situated on a 0.358-acre lot, it also offers 0.1 acres of fenced-in green space in the rear. The Limited Industrial zoning allows for a variety of uses, making it ideal for an investor or owner-operator. The building is conveniently located one-third of a mile south of Alexis Road, a major Toledo thoroughfare with numerous national and major retailers and restaurants. The asking price is $89,000. Property features include a single story, one unit, and a Class C designation. The APN is 2204237.

Highlights

  • 899 SF free-standing storefront building on 0.358-acre lot in Toledo, OH.
  • Six-year lease history with current tenant; $850/month NNN lease.
  • Features one entry/waiting room, two private rooms, restroom, and storage closet.
  • Prominent pylon sign and 24 paved parking spaces.
  • Includes 0.1-acre fenced green space.

Property Details for 5501 Lewis Ave

Property type
Retail properties, Office properties
Square Feet
899 SF
Class
C
Year Built
1955
Buildings
1
Stories
1
Lot Size (sq. ft)
15,594 SF
Units
1

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.716259247229
Longitude
-83.566352385829
5501 Lewis Ave, Toledo, Ohio

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5501 Lewis Ave
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