539 Broadway StToledo, OH 43604

Property Details for 539 Broadway St

Year built

1887

Lot size

0.52 AC

Property size (Sq ft)

19,273 SF

Zone code

10-CN

Property type

Retail space

APN

11-59607

APU

1159607

Description

This exceptional 12,853-square-foot, two-story storefront building, situated on a 0.412-acre corner lot in Toledo, Ohio, presents a compelling value-add investment opportunity. Built in 1887 and renovated in 2023, the property boasts a vacant tenancy, allowing for immediate occupancy and customization to suit a wide range of retail uses. The building includes a basement, adding significant potential square footage. Conveniently located just half a mile east of the Anthony Wayne Trail and half a mile south of I-75 on and off ramps, this property offers unparalleled accessibility. Ample parking is provided with 20 dedicated spaces across two lots. The property is zoned for Neighborhood Commercial use and features ADA accessibility and prime fascia signage opportunities. High traffic counts are observed on Broadway Street (17,969 VPD in 2023), the Anthony Wayne Trail (30,153 VPD in 2023), and I-75 (68,592 VPD in 2023), ensuring high visibility and potential customer traffic. The asking price is $200,000. Property consists of one building with two stories, and the APN numbers are 11-59591, 11-59610, 11-59617, 11-59624, and 11-59631. The property's convenient location and drive-through capabilities make it ideal for businesses requiring easy pick-up and drop-off access, such as daycare centers or preschools. This is a rare opportunity to acquire a well-located, renovated retail space with significant upside potential in a thriving Toledo neighborhood.

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.6386

Longitude

-83.5448

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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