31 Summit StToledo, OH 43604

Property Details for 31 Summit St

Year built

1879

Lot size

0.09 AC

Property size (Sq ft)

4,158 SF

Zone code

10-CD

Property type

Office properties

Property subtype

Office buildings

APN

12-13811

APU

1213811

Description

This stunning, recently renovated professional office space at 31 N. Summit Street in Toledo, Ohio offers 2,079 square feet of move-in ready space on the first floor of a 4,158 square foot building. Built in 1879, this historic building boasts beautiful Maumee River views and is ideally situated for professional office users. The property is located in Lucas County and sits on a 0.09-acre lot. One space is currently available for lease within the multi-tenant building. Enjoy the convenience of nearby amenities, including numerous bars and restaurants within walking distance. Parking is readily accessible in a nearby surface lot or at the SeaGate Convention Centre, both located within a single block. A parking map is available upon request. The property also offers direct access to Hensville Park, providing a pleasant outdoor space for employees and clients. This exceptional location combines historic charm with modern convenience, making it an ideal choice for businesses seeking a prestigious and functional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $711,799

  6.5%

  $657,046

  7%

  $610,114

• Comparable approach

  Method

  Valuation

  Relative Method

  $388,939

  Geo Method

  $388,939

• Alternative Use

  Use

  Valuation

  Residential

  $814,737

  Hospitality

  $746,294

  Educational

  $620,908

  Medical

  $642,262

  Retail

  $965,857

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.648

Longitude

-83.5367

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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