For Lease
$14/SF/YR

1002-1004 Water St Toledo, OH 43604

Historic building, 55,207 SF, 1.41 acres.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional redevelopment opportunity presents a substantial 55,207-square-foot free-standing building situated on a generous 1.41-acre lot in Toledo, Ohio. Located at 1002-1004 Summit St, 1024 Water St, with convenient access to Lagrange Street, this two-story structure, built in 1920, offers significant potential for a variety of uses. Currently vacant, the entire 55,207 square feet is available for lease. The property boasts 12 parking spaces and features a three-phase power supply and elevators. The zoning designation is IL – Limited Industrial, providing flexibility for adaptive reuse. The property includes multiple APNs: 01028001, 9001, 42851, and 42921, within Lucas County. This is a rare chance to acquire a substantial property in a desirable location with the potential to create a unique and impactful commercial space. The building's history and size, combined with its ample parking and convenient location, make it an attractive proposition for developers and businesses seeking a prominent presence in Toledo. The property's significant square footage and acreage offer substantial room for expansion or modification to suit a wide range of commercial needs.

Highlights

  • 55,207 SF free-standing building on a 1.41-acre lot in Toledo, OH.
  • Phase I & II environmental site assessments completed.
  • Located in Toledo's entertainment district with available liquor licenses.
  • Opportunity Zone designation.
  • Potential eligibility for various municipal grants, including façade, white box, and CRA tax abatements.

Property Details for 1002-1004 Water St

Property type
Retail properties, Retail space
RSF (Rentable sq. ft)
55,207 SF
Year Built
1920
Buildings
1
Stories
2

Unit(s) available at that property

Space
Available Space
Size
55,207 SF
Rate per SF
$14

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.657283
Longitude
-83.524379

FAQs

What type of property is this?
Retail property - Historic building, 55,207 SF, 1.41 acres.
Where is the retail property located?
The property is located at 1002-1004 Water St Toledo, OH.
What is the lease rate?
The lease rate is $14/SF/YR.
What are key features of this property?
This property features: 55,207 SF free-standing building on a 1.41-acre lot in Toledo, OH.; Phase I & II environmental site assessments completed.; Located in Toledo's entertainment district with available liquor licenses.
How can I contact the broker?
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1002-1004 Water St
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