Office for Sale
Catylist Listing ID: 30174534
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 80,000 SF
Gross Land Area: 1.58 Acres
Sale Price: $1,975,000
Unit Price: $24.69 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Building Name: The Davis Building & The Lustig Building
Usable Size (USF): 80,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/20/2018

Overview / Comments

Rare opportunity to own nearly an entire city block in Downtown Toledo. Michigan Avenue feeds into I-75 South. Well maintained building with on-site manager. Separate utilities in most suites.

Additional Details

Nearest MSA: Toledo
County: Lucas
Tax ID/APN: 01143001
Property Located Between: Between Monroe St. & Jefferson Ave.
Property Visibility: Good
Total Number of Buildings: 2
Number of Stories: 3
Year Built: 1897
Roof Type: Other
Construction/Siding: Brick
Exterior Description: Exterior Walls: Brick Structural System: Brick & Block Roof: Rubber
Parking Type: Surface
Total Parking Spaces: 80
Passenger Elevators: 1
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Internet Access: Cable
Interior Description: Heating: Yes – Multiple units Air Conditioning: Central – Multiple units Power: Heavy power – multiple amperages; sub-metered
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,527 130,771 262,601
Median Age: 31.98 32.9 35.36
Households: 6,662 50,973 106,472
© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.