For Sale
$495,000

3838 Airport Hwy Toledo, OH 43615

Established Funeral Home, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
136
This well-established, full-service funeral home, operating since 1979, presents a unique investment opportunity in Toledo, Ohio. The property encompasses 10,756 square feet situated on a generous 2.90-acre lot, providing ample parking for over 100 vehicles. Included in the sale is an adjacent 0.89-acre vacant lot (Parcel #20-02058) located at the northeast corner of the property, offering significant expansion or redevelopment potential. The main building features a 1,500 square foot, three-bedroom, two-bathroom apartment on the second floor. The property's prime location offers convenient access to major transportation arteries, including proximity to the University of Toledo Medical College (approximately one mile), I-475 (three miles), and the Ohio Turnpike 80/90 (four miles). Given its size and location, the property presents diverse redevelopment possibilities, including but not limited to: storage facilities, fitness centers, religious assembly spaces, event venues (weddings, etc.), or adult daycare centers. The asking price is $495,000, translating to $46.02 per square foot. This represents a compelling opportunity for investors seeking a versatile property with strong potential for future growth and diverse income streams. The property is located at 3838 Airport Hwy, Toledo, OH 43615.

Highlights

  • High-traffic location on Airport Highway with excellent visibility.
  • 10,000+ square feet of versatile commercial space.
  • Zoned for a variety of uses, offering flexibility for potential tenants.
  • Ample parking available for employees and customers.
  • Strong potential for high rental income or owner-occupancy.

Property Details for 3838 Airport Hwy

Property type
Retail properties
Square Feet
10,756 SF

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.6227702
Longitude
-83.6337622

FAQs

What type of property is this?
Retail property - Established Funeral Home, Redevelopment Potential
Where is the retail property located?
The property is located at 3838 Airport Hwy Toledo, OH.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: High-traffic location on Airport Highway with excellent visibility.; 10,000+ square feet of versatile commercial space.; Zoned for a variety of uses, offering flexibility for potential tenants.
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.
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3838 Airport Hwy
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