840 N Summit St, Toledo, OH 43604

$235,000

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List Price
$235,000
Status
ACTIVE
Days on Market
29
MLS#
10012817
Subtype
Commercial Sale
Year Built
1941
Lot Size
10,467
Acres
0.24

Property Description

Commercial corner opportunity in Toledo's historic Vistula District! Located at N. Summit St. & Locust St., directly across from the Ostrich Towne redevelopment, this property offers approximately 4,213 SF across two buildings on approximately .24 acre, per public records. Currently owner-occupied and configured for restaurant use with existing kitchen, hood, dining and service areas. 10-CM Mixed Commercial-Residential zoning offers potential for continued restaurant use, owner-user occupancy, adaptive reuse or redevelopment, subject to buyer verification and approvals. On-site parking, city water and sewer. Real estate offered for sale; restaurant FF&E available separately/negotiable. Property may be eligible for the City of Toledo Commercial and Industrial Tax Abatement program; buyer to independently investigate eligibility and benefits. Convenient access to downtown Toledo and the growing Summit Street corridor.

Additional Information

Zoning
10-CM Mixed C/R
Flooring
Tile
Heating
Baseboard, Forced Air, Natural Gas
Air Conditioning
Window/Wall
Roof
Flat, Shingle
Foundation
Slab
Parking Features
Parking Lot

Listing courtesy of Listing Agent: De'Lisa Moore (homes@frogtownfinancial.com) from Listing Office: LPG Realty.

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Calculator source: Real Geeks