26 Fassett StToledo, OH 43605

Property Details for 26 Fassett St

Year built

1900

Lot size

0.09 AC

Property size (Sq ft)

5,405 SF

Zone code

10-CN

Property type

Retail properties

Property subtype

Retail space

APN

11-62781

APU

1162781

Description

This exceptional real estate auction presents a unique chance to acquire an entire city block in Toledo, Ohio. Located directly across from the Maumee River, this 1.75-acre property at 26 Fassett Street, Unit 26, and encompassing the entire block, offers unparalleled potential for commercial redevelopment. The property boasts a rich history, having served as a grain depot and later a thriving social center, adding significant character and potential for adaptive reuse. The auction format allows for competitive bidding, creating an exciting opportunity for investors seeking a high-impact project. The property's prime riverfront location provides exceptional visibility and accessibility, making it ideal for a variety of commercial ventures. This is a rare chance to own a significant piece of Toledo's history and shape its future. The online auction concludes on Monday, December 2nd, at 2:00 PM. Don't miss this opportunity to secure a landmark property with immense potential for growth and return on investment. The property's size and location make it suitable for large-scale development projects, offering a blank canvas for innovative and impactful commercial ventures. Detailed property information and auction registration details are available online.

• CAP approach

  CAP return

  Valuation

  6%

  $1,360,148

  6.5%

  $1,255,521

  7%

  $1,165,841

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,274,071

  Geo Method

  $1,274,071

• Alternative Use

  Use

  Valuation

  Residential

  $1,059,079

  Hospitality

  $970,111

  Educational

  $807,121

  Medical

  $834,879

  Retail

  $1,255,521

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.6287

Longitude

-83.5289

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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