201 Conant StMaumee, OH 43537

Property Details for 201 Conant St

Year built

1887

Lot size

0.04 AC

Property size (Sq ft)

3,688 SF

Zone code

16-C3

Property type

Retail properties

Property subtype

Retail space

APN

36-07897

APU

3607897

Description

This exceptional investment opportunity presents two meticulously maintained commercial buildings totaling 9,446 square feet, situated in the vibrant Uptown Maumee commercial district of Lucas County, Ohio. Located at 201 and 203 Conant Street, and also including 113 W Broadway St, this property offers a unique blend of retail and mixed-use potential. Built in 1887 and 1930, respectively, these buildings underwent a complete renovation in 2023. The property features two units, currently boasting 100% occupancy, making it an ideal owner-user or investment opportunity. The C3 zoning allows for a variety of commercial uses. The 0.12-acre lot provides ample street parking and a rear lot for additional convenience. The buildings are served by city water and sewer. With a combined total of two stories, the property offers apartments on the second floor, presenting an added income stream. This prime location benefits from high visibility, with over 21,000 vehicles passing daily, ensuring significant exposure for any business. The asking price is $699,000. The property's address is 201 & 203 Conant St, Maumee, OH 43537. Parcel numbers are 3607897, 3607891, and 3607894.

• CAP approach

  CAP return

  Valuation

  6%

  $928,071

  6.5%

  $856,681

  7%

  $795,490

• Comparable approach

  Method

  Valuation

  Relative Method

  $869,338

  Geo Method

  $869,338

• Alternative Use

  Use

  Valuation

  Residential

  $722,643

  Hospitality

  $661,937

  Educational

  $550,724

  Medical

  $569,664

  Retail

  $856,681

Location Insight

City

Maumee

County

Lucas

State

Ohio

Latitude

41.5611

Longitude

-83.6532

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].