For Sale
$550,000

347 Reynolds RdToledo, OH 43615

High-traffic, multi-tenant retail building with land.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial investment opportunity presents a 9,050 square foot retail building situated at 347-357 South Reynolds Road in Toledo, Ohio (zip code 43615). Currently housing an auto shop and daycare/nursery, the property boasts 100% occupancy and offers significant upside potential due to below-market rents. The building enjoys excellent visibility with 266 feet of frontage on South Reynolds Road, a major retail corridor experiencing high traffic counts of 16,275 vehicles per day. The strong demographics are further supported by a population of 188,539 within a 5-mile radius. This compelling offering is enhanced by the inclusion of three adjacent vacant residential-zoned land parcels totaling 0.37 acres (120' x 133') on Aubin Drive, presenting additional development possibilities. The asking price for this entire package is $550,000, translating to $60.77 per square foot. This property represents a rare chance to acquire a well-located, multi-tenant retail building with significant growth potential and added land value in a thriving Toledo market.

Highlights

  • High-traffic location on South Reynolds Road, ideal for retail or restaurant use.
  • Excellent visibility and accessibility from a major thoroughfare.
  • Property features a substantial building size suitable for multiple tenants or a single large user.
  • Ample parking available for customers and employees.
  • Strong potential for significant return on investment due to high traffic counts and desirable location.

Property Details for 347 Reynolds Rd

Property type
Day care centers & nurseries, Retail properties
Square Feet
9,050 SF

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.6335766
Longitude
-83.6641427
347 Reynolds Rd, Toledo, Ohio

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347 Reynolds Rd
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