Toledo, OH Office Property For Sale

Situated in historic heart of Toledo and located in an Opportunity Zone

Building is on the National Register of Historic Places - eligible for Ohio Historic Preservation Tax Credit Program

Connected to Port Lawrence Parking Garage and SeaGate Convention Centre

Half block to Fifth Third Field

Next to Huntington Center

Across N Superior Street from Commodore Perry Apartments

Office with conversion potential to mixed-use apartments

On-site, four-star Registry Bistro restaurant and bar

Join other tenants such as Toledo Opera

Current rent roll and financials available upon qualified request

1st floor layout:

Lobby

4 offices

Storage area

Basement layout:

3 offices

Restroom

Storage area

A convenient lower exterior exit.

Located within historic Vistula District.

Located on the 5th stage of the Glass City Riverwalk, Metroparks development.

Entertainment district. Liquor licenses currently available.

Potentially eligible for numerous municipal grants, including façade, white box and CRA tax abatement, etc. https://toledo.oh.gov/business/how-to-do-business-in-the-city/incentive-programs/community-reinvestment-area

- 4,200 SF - private office and treatment rooms

- Large waiting area

- Elevator accessibility

- Private, in suite restrooms

- Modern, clean and move in ready

2.12 acre site available for purchase, or build to suit. Wooded Lot in Sylvania Twp. near Mercy Emergency Center/ Future Campus, Vision Associates, Ohio Pain, BAM Therapy, among other medical and professional office uses in the Cobblestone Woods Business Park. adjacent to an abundance of restaurants, banking and other shopping options.

Building measures approximately 27’x94’ per Lucas County.

Ceiling fans.

Served by AT&T.

Surveillance system.

Madhouse has outgrown the building and is moving/expanding next door.

(2) Commercial Properties Being Sold by Court Appointed Private Selling Officer - Online Auction

2201 River Road, Maumee, Ohio 43537

2208 Tedrow Road, Toledo, Ohio 43614

Bidding Ends

Tuesday, May 28, 2024 at 12:00 pm

Open House

2208 Tedrow

Wednesday, May 15, 2024

from 10:00 am - 11:00 am

2201 River

Wednesday, May 15, 2024

from 12:00 pm - 1:00 pm

Property Description

Online Commercial Auction! Properties Being Sold Only Online By Court Appointed Private Selling Officer. 2208 Tedrow is a Small Office Building in Toledo with a Starting Bid of $33,333.33 and 2201 River is a 2 Story Building with 2 Story House in Maumee with a Starting Bid of $183,333.33

In the State of Ohio, Lucas County, Court of Common Pleas,

Case No. CI-2022-02899

Premier Bank, fka First Federal Bank of the Midwest, Plaintiff

vs.

Kickin Mule Enterprises, MDH Sales Ltd., YFast Enterprises, LLC, H20 Enterprises, LLC, Michael D. Haney, Carolyn E. Haney, Lindsey M. Webb, Lucas County Treasurer, Defendants

In pursuance of an Order of Sale directed to me in the above entitled action, I will offer for sale at public online auction the following described real estate:

Property Address: 2201 River Road, Maumee, Ohio 43537

Property Address: 2208 Tedrow Road, Toledo, Ohio 43614

Legal Description: A full legal description of the property may be obtained at www.PamelaRoseAuction.com

Said Premises Appraised At: $275,000 (2201 River Road)

Said Premises Appraised At: $50,000 (2208 Tedrow Road)

Minimum Bid: $183,333.33 (2201 River Road)

Minimum Bid: $33,333.33 (2208 Tedrow Road)

Location of Sale: www.PamelaRoseAuction.com

Online Bidding Opens: Friday, March 22, 2024

Online Bidding Closes: Wednesday, April 10, 2024 at 12:00 pm, unless extended under anti-snipe rules

Terms of Sale: A deposit in the amount of ten percent (10%) is due in accordance with the terms and conditions of the online auction. The balance is due within thirty days after confirmation of sale. A Buyers Premium of 10% will be charged over and above the highest bid at auction. The auction is subject to postponement and cancellation.

Pamela Rose, Private Selling Officer

Attorney: Christopher McNeely with McNeely Law Group, P.C.

Owner occupant opportunity w/income adjacent to Westfield Mall.

Access from Sylvania and Talmadge.

1st floor is available for occupancy.

Multiple configurations available.

Monument signage on Sylvania Ave. High visibility building signage.

Elevator access to second floor.

1.53 acre site.

Rent roll and expenses available to qualified prospect.

Convenient access to expressway system in the heart of the Central/Secor retail corridor.

Retailers, restaurants and other offices surround this location.

0.75 mile to I-475.

Buildings are 100% occupied. Cap rate is 8.8%.

Net operating income is $260,000. Additional financial information, including rent roll and income/expense statement is available upon request.

Medical/office, campus-like setting impeccably maintained.

2.5 miles to expressway. Less than 1 mile to Ohio Turnpike.

The entire building is available for occupancy. The building can be split per floor or leased in its entirety.

? 2.5 miles to expressway. Less than 1 mile to Ohio Turnpike.

? The entire building is available for occupancy.

? The building can be split per floor or leased in its entirety.

Former chiropractic office boasting an x-ray machine, electrotherapy equipment and much more, which would be Tenant’s responsibility and is available for sale separately.

Less than ½ mile from access to I-475 in addition to SR-120 (Central Avenue).

Former upholstery shop. Masonry block building sits on about a quarter acre of land. Building is comprised of approximately 1,220 SF of office space, 1,600 SF of warehouse space, and a basement. Building is in need of renovation work primarily in the office space and basement. New rubber roof and recently painted.

Ideal Use: Construction or Landscape Shop, Auto Detailer, Mechanic

- 6,800 SF first floor medical office space immediately available

- Move-in ready with high quality finishes throughout

- Previously used as a dialysis treatment center

- Building is completely fire suppressed

- Fully functional lower level

- Visible from I-475 with multiple access points at Secor, Monroe St, and Douglas Rd.

- Building signage opportunities - over 86,727 VPD (ODOT 2020)

- Located approx. 1 mile west of ProMedica Toledo Hospital

- Owner currently occupies Second Floor – leaseback terms and conditions negotiable

- Financials available upon qualified request

Building can be available in its entirety or multiple suites are available to lease which range in size from 800 square feet. Garage is approximately 3,213 square feet (63' x 51') with a floor drain, automated 14' x 8' OH door, epoxy coated floors and a drop ceiling with 10' clear height. Owner would like to lease back garage at terms to be negotiated. Lift, compressor and owner's personal property are not included in the sale.

Has limited storage capacity in the attic.

Has all concrete parking lot.

Nice corner location with high visibility.

Building is served by Buckeye Fiber.

Flagpole.