3024 131St StToledo, OH 43611

Property Details for 3024 131St St

Year built

1955

Lot size

0.91 AC

Property size (Sq ft)

6,978 SF

Zone code

10-CN

Property type

Specialty properties

APN

18-56704

APU

1856704

Description

This exceptional 6,978 square foot property, located at 3024 131st St in Toledo, Ohio, presents a unique investment opportunity. Built in 1955 and extensively renovated in 2023, this single-story building sits on a 1.34-acre lot and is zoned CN Neighborhood Commercial. Previously used as a Masonic Lodge, the adaptable space offers a multitude of potential uses, including banquet hall, church, daycare center, office space, retail establishment, or restaurant. The layout features two large halls/meeting rooms, each approximately 3,000 square feet, perfect for gatherings or events. A fully equipped kitchen, office space, two restrooms, ample storage areas, and a garage with an overhead door add to the property's functionality. With a seating capacity of 298 for banquet-style events, this property is ready for immediate occupancy. The asking price is $249,000, translating to $35.68 per square foot. The property's location in the well-established Point Place area of Toledo, Lucas County (zip code 43611), offers excellent visibility and accessibility. The APN is 18-56704. This is a vacant, single-unit property offering significant potential for a savvy investor.

• Alternative Use

  Use

  Valuation

  Residential

  $1,367,300

  Hospitality

  $1,252,439

  Educational

  $1,042,015

  Medical

  $1,077,851

  Retail

  $1,620,912

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.7197

Longitude

-83.4735

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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