3838 Airport HwyToledo, OH 43615

Property Details for 3838 Airport Hwy

Year built

1979

Lot size

2.93 AC

Property size (Sq ft)

10,756 SF

Zone code

10-CR

Property type

Specialty properties

APN

20-02050

APU

2002050

Description

This well-established, full-service funeral home, operating since 1979, presents a unique investment opportunity in Toledo, Ohio. The property encompasses 10,756 square feet situated on a generous 2.90-acre lot, providing ample parking for over 100 vehicles. Included in the sale is an adjacent 0.89-acre vacant lot (Parcel #20-02058) located at the northeast corner of the property, offering significant expansion or redevelopment potential. The main building features a 1,500 square foot, three-bedroom, two-bathroom apartment on the second floor. The property's prime location offers convenient access to major transportation arteries, including proximity to the University of Toledo Medical College (approximately one mile), I-475 (three miles), and the Ohio Turnpike 80/90 (four miles). Given its size and location, the property presents diverse redevelopment possibilities, including but not limited to: storage facilities, fitness centers, religious assembly spaces, event venues (weddings, etc.), or adult daycare centers. The asking price is $495,000, translating to $46.02 per square foot. This represents a compelling opportunity for investors seeking a versatile property with strong potential for future growth and diverse income streams. The property is located at 3838 Airport Hwy, Toledo, OH 43615.

• Alternative Use

  Use

  Valuation

  Residential

  $2,107,578

  Hospitality

  $1,930,530

  Educational

  $1,606,178

  Medical

  $1,661,417

  Retail

  $2,498,499

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.6229

Longitude

-83.6339

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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