1133 Summit StToledo, OH 43604

Property Details for 1133 Summit St

Year built

1936

Lot size

0.30 AC

Property size (Sq ft)

1,743 SF

Zone code

10-CM

Property type

Retail properties

Property subtype

Retail space

APN

15-43124

APU

1543124

Description

This exceptional 2,010 square foot restaurant space, situated at 1133 N Summit St in Toledo, Ohio, presents a unique opportunity for a thriving food and beverage establishment. The property boasts a desirable location within the vibrant Vistula Entertainment District, directly across from the Glass City Riverwalk Vistula Project (currently under construction). This prime spot benefits from its placement within the Downtown Outdoor Refreshment Area (DORA), offering significant potential for outdoor dining and increased customer engagement. The property includes a generous 1,530 square feet of outdoor space, perfect for patio seating or other outdoor amenities, and an additional 935 square feet of rooftop space, providing stunning views and extra versatility. The 0.3-acre lot offers ample space for operations and potential expansion. The building is zoned for Mixed Commercial Residential use, providing flexibility for various business models. The property's convenient location is just over half a mile west of the I-280 entrance, ensuring easy access for customers and employees. The property is available for lease in the summer of 2025. Note that any renderings are for illustrative purposes only. The property's APN is 1543124. This is a single-tenancy building.

• CAP approach

  CAP return

  Valuation

  6%

  $438,619

  6.5%

  $404,880

  7%

  $375,960

• Comparable approach

  Method

  Valuation

  Relative Method

  $410,861

  Geo Method

  $410,861

• Alternative Use

  Use

  Valuation

  Residential

  $341,531

  Hospitality

  $312,841

  Educational

  $260,280

  Medical

  $269,231

  Retail

  $404,880

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.6586

Longitude

-83.5233

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].