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For Sale

23 N Summit St, Toledo, OH for sale

23 N Summit St,
Toledo, OH 43604
Represented by
SVN | Ascension Commercial Realty

Asset Snapshot

1917
Year Built
2017
Year Renovated
4
Floor Count
1
Building Count
0.19 Acres
Land Area
50%
Occupancy

Offering Summary

Investment Overview

Prominent 41,610SF downtown mixed use building for sale. Located in the heart of Hensville, the entertainment district of downtown Toledo, steps from 5/3rd Field and Hensville Park featuring views of the Maumee River and Toledo Metroparks. Within walking distance of the Huntington Center, Glass City Center, Promenade Park, and numerous restaurants, retail, apartments, and hotels. Situated within the Downtown Toledo DORA (Designated Outdoor Refreshment Area). Downtown Commercial zoning allows for a variety of uses. Upside potential and lease stabilization opportunities.


Investment Highlights

  • Basement: Storage w/ utility meters & walk-in cooler | 8,322 SF
  • 1st Floor: Event center - includes commercial grade kitchen, stage, and built-in service bar | 8,322 SF
  • 2nd Floor: 9 offices w/ share space options | ranging from 100 SF - 648 SF
  • 3rd & 4th Floors: 14 Apartments | ranging from 805 SF - 1,182 SF
  • Apartments feature refrigerator, stove, dishwasher, in-suite washer/dryer, separately metered utilities
  • Owner provides one parking space per tenant in municipal lots along Summit St
  • Key fob entrance w/ camera security

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$3,895,000
Asking Price

Investment Sales Broker

Doug Wright, CCIM
SVN | Ascension Commercial Realty

Market Insights