5501 Lewis Ave | Toledo, OH 43612
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5501 Lewis Ave
Toledo, OH 43612
Retail Property For Sale
Investment Highlights
- Currently configured with 1 entry/waiting room, 2 private rooms, 1 restroom, and storage closet.
- 24 private paved parking spots in front
- Pylon sign at street
- 0.1 Acres of fenced-in green space in rear
Executive Summary
899 SF free standing, single tenant building for sale. Located 1/3 mile south of Alexis Rd., a major Toledo thoroughfare, and location of national/major retailers and restaurants. Limited Industrial zoning allow for a variety of uses. Ideal for an investor or owner/operator. Tenant has occupied space for past 6 years. Lease: $850/month + NNN.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
899 SF
Building Class
C
Year Built
1955
Price
$89,000
Price Per SF
$99
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.29 AC
Zoning
IL
Parking
24 Spaces (26.7 Spaces per 1,000 SF Leased)
Frontage
71 FT on Lewis Ave
PROPERTY TAXES
| Parcel Number | 22-04237 | Improvements Assessment | $2,975 |
| Land Assessment | $4,445 | Total Assessment | $7,420 |
PROPERTY TAXES
Parcel Number
22-04237
Land Assessment
$4,445
Improvements Assessment
$2,975
Total Assessment
$7,420
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