927 Summit StToledo, OH 43604

Property Details for 927 Summit St

Year built

1947

Lot size

0.17 AC

Property size (Sq ft)

7,263 SF

Zone code

10-CR

Property type

Retail properties

Property subtype

Retail space

APN

15-43217

APU

1543217

Description

This exceptional 7,263-square-foot flex building presents a unique investment opportunity in Toledo, Ohio. Located at 927 N. Summit Street, this mixed-use property seamlessly blends office and industrial space, ideal for a variety of businesses. The asking price is $495,000, translating to $68.15 per square foot. The property features a 2,300-square-foot warehouse area accessible via a grade-level door, providing ample storage and workspace. Additional storage and work areas are available, along with attractive loft space. High-quality finishes enhance the office/storefront area. Parking is readily available, with on-street options and secured lots in the rear. This prime location within Toledo's DORA Vistula Entertainment District offers excellent visibility and accessibility. The property's proximity to the Glass City Metropark Complex, Riverwalk, and the Gateway @ Lowertown Project further enhances its appeal. The lease type is NNN (Net, Net, Net), and the tenancy is single. This versatile property is ready for immediate occupancy. The property is situated in Lucas County, Ohio, with a zip code of 43604.

• CAP approach

  CAP return

  Valuation

  6%

  $1,827,707

  6.5%

  $1,687,114

  7%

  $1,566,606

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,712,040

  Geo Method

  $1,712,040

• Alternative Use

  Use

  Valuation

  Residential

  $1,423,144

  Hospitality

  $1,303,592

  Educational

  $1,084,573

  Medical

  $1,121,874

  Retail

  $1,687,114

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.6571

Longitude

-83.5265

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].