Toledo, OH Industrial Property For Sale

Front offices remodeled in 2000.

Shop area built in 2000.

Roof replaced in 2014. Office roof replaced in 2016.

HVAC updated in office in 2016.

Asphalt pavement replaced in 2018.

Mezzanine storage.

Exhaust fans.

Dedicated fiber provided by Buckeye Cable.

Approximately five minutes from I-75, Exit 210.

Investment Highlights

♦ New 5-year, NNN lease commences 7/1/2023

♦ Ability to expand – total site is 8.3 acres

♦ Close proximity to major highways; minutes from I-75, I-280 and Ohio Turnpike (I-80)

♦ Right at exit off I-75

♦ Opportunity to acquire at well-below replacement cost

♦ 14 Docks, 24’ clear height, ESFR Sprinklered, one drive-in

♦ Strong tenant with a history of a successful operation

​​​​​​​♦ Asking Price - UNPRICED

(3) separate office space areas with restrooms & breakrooms

Fire suppression system throughout

Hot or cold storage bays 75’ x 520’

Full bay lighting with skylights

Truck maintenance pit

Additional fenced-in parking area across Albion Street.

Located just off I-75 west of Downtown Toledo.

Visible from I-75

1 dock – currently filled in

3 overhead doors

Racking included.

Opportunity Zone

HUB Zone

Very well-maintained manufacturing building.

Secured lot with gate.

Heavy power.

Whole plant ventilation fan.

New main transformer in 2019.

Office space and breakroom renovated in 2020.

Two compressors and one expansion tank not included in sale.

Building is currently occupied by a month-to-month tenant. Tenant is paying $3,600/mo. plus utilities. Possession shall be given subject to tenant's rights upon closing. Hafner’s occupies the entire building.

2 nd fl. storage space could be turned into a nice office loft or residential loft.

Basement area is currently used as a material storage area for Hafner's Sheet Metal & Supply.

New roofing system - EPDM (rubber) and tapered insulation/flashing in 2019.

Land survey is on file.

Located in the center of the Middlegrounds District.

- 3,775 SF of clean office space

- Four 10ʼ overhead doors

- One acre of fenced, secure parking/storage

- Three dock doors

- 208/480V Power

- Fully sprinklered

- 12ʼ 10” clear ceiling height

- Block and steel structure

- Block exterior walls

- Annual real estate taxes = $21,852.04

- Utilities: Electric - Toledo Edison; Gas - Columbia Gas; - Sanitary Sewer - City of

- Toledo; Storm Sewer - City of Toledo; Water - City of Toledo

• Commercial/flex building on busy Reynolds Road corridor near Angola Road traffic light.

• Building has a truck well into the warehouse along with a drive-in door.

Rear fenced area for additional parking.

• Close to I-475 interchange