1502 Monroe StToledo, OH 43604

Property Details for 1502 Monroe St

Lot size

0.24 AC

Property size (Sq ft)

7,000 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 7,000-square-foot retail property, located at 1502 Monroe St. in Toledo's Downtown submarket, presents a unique investment opportunity. Situated on a 0.24-acre lot, this single-tenant building boasts 200 feet of frontage on Monroe Street, enhanced by two convenient curb cuts for optimal accessibility. The C-55 zoning allows for a variety of uses, making it suitable for a range of businesses. The property includes six parking spaces for staff and customers. Inside, the space features a practical overhead door, perfect for logistical needs, and a separate showroom entryway, ideal for customer interaction and retail displays. This strategic location within Toledo's Downtown submarket cluster ensures high visibility and foot traffic. The property's location within an Opportunity Zone provides significant tax advantages for investors. Property taxes are $6.90 per square foot. The APN is 188167, and the cross street is N 15th St. This turnkey property is ready for immediate occupancy and offers substantial potential for growth and return on investment. Don't miss this chance to acquire a prime commercial space in a thriving urban area.

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.6538

Longitude

-83.547

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