1301 Adams St, Toledo, OH, 43604

1301 Adams St Toledo, OH 43604

1301 Adams St, Toledo, OH, 43604
1301 Adams St, Toledo, OH, 43604 1301 Adams St, Toledo, OH, 43604 1301 Adams St, Toledo, OH, 43604 1301 Adams St, Toledo, OH, 43604 1301 Adams St, Toledo, OH, 43604 1301 Adams St, Toledo, OH, 43604 1301 Adams St, Toledo, OH, 43604 1301 Adams St, Toledo, OH, 43604
FOR SALE
Property Type:
Street Retail
Amount:
$625,000
Last Verified:
Dec 10, 2024

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Highlights

  • Zoned 10-CM for flexible use
  • Prime location in Uptown area
  • Charming architectural features
  • .26 acre stoned parking lot on property, plus abundant street and surface lot parking
  • 2 OH doors, 1- 10'H & 1-14'H
  • The property is in an Opportunity Zone, has Local Landmark Designation to facilitate Historic Tax Credits, and frontage is part of the Cities RAISE Grant Work on Adams
  • New Rubber Roof, total tear off, in 2021

Description

A prime redevelopment opportunity in the sought-after Uptown area of Toledo, Ohio, this historic 30,000 SF building, dating back to 1914, zoned 10-CM, is ideal for retail, restaurant, warehouse, and residential use.. With its timeless charm and potential for development, this property offers versatility and a strategic location. Don't miss the chance to be part of the Uptown growth story with this character-rich building, perfectly positioned for retail success.

Uptown is a vibrant urban neighborhood located between downtown Toledo and the Old West End neighborhood near multiple major thoroughfares, approximately 1 mile from I-75 and 2.5 miles from I-280. The area is a booming, homegrown arts mecca teeming with new businesses, local restaurants, artists, shops and a thriving live music scene. UpTown has the special recognition of having one of Ohio’s first outdoor refreshment areas. Residents and visitors alike can now socialize outdoors along Adams Street with alcoholic beverages from participating bars.


Year Built: 1914
Building Size: 30000sq ft
Building Class: C
Lot Size: 0.5 acres


Documents

Adams St 1301 Sale V3

Map of 1301 Adams St, Toledo, OH, 43604

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.