3304 Collingwood BlvdToledo, OH 43610

  • Specialty properties
  • 13,295 SF
For Sale
$219,000 View listing

Property Details for 3304 Collingwood Blvd

Year built
1926
Lot size
0.51 AC
Property size (Sq ft)
13,295 SF
Zone code
10-RM36
Property type
Specialty properties
APN
10-10627
APU
1010627

Description

This exceptional 13,295 square foot retail property, located at 3304 Collingwood Blvd in Toledo, Ohio (Lucas County, zip code 43610), presents a unique investment opportunity. Built in 1926, this three-story building sits on a 0.507-acre lot (APN 10627,02-247-062) and is zoned RM 36*. Its previous use as a banquet hall and catering facility offers a wealth of existing infrastructure, including a full kitchen, bar area, and a stage with an adjacent "green room." While currently used for owner storage, the property's versatile layout and prime location make it ideal for a variety of uses. Potential buyers could envision a return to its former glory as a banquet hall or catering business, or explore alternative uses such as a community center or concert venue. The building's substantial size and established features provide a strong foundation for a successful venture. The asking price is $219,000. This is a rare opportunity to acquire a significant property in a desirable Toledo location with considerable redevelopment potential. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,605,080
    Hospitality
    $2,386,240
    Educational
    $1,985,323
    Medical
    $2,053,602
    Retail
    $3,088,280

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.6822
Longitude
-83.5551
CBSA code
45780
CBSA name
TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,939
$18,795
$31,255
$50,050
-
$53,700
$89,300
$143,000

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