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24853938
24853957

4221 W Alexis Rd, Toledo, OH 43623

PW
OH 2023003931, MI 6501461650
SVN Ascension Commercial Realty
Listed by SVN Ascension Commercial Realty
$380,000
322 days on market
Updated 20 days ago

West Toledo Multi-Use - 7200 sq ft - 4221 W Alexis

Details
APN 2363221
Property Type Mixed Use, Office (+2)
Sub Type Creative Office, Medical Office (+1)
Square Footage 7,200
Units 2
Tenancy Vacant
Pro-Forma Cap Rate 18.68%
Pro-Forma NOI $71,000
Class C
Year Built 1972
Year Renovated 2019
Buildings 1
Stories 2
Acreage 0.538
Zoning Regional Commercial
Parking Spaces 50 spaces
Parking Per SqFt 6.94
Investment Type Value Add
Ceiling Height 11

7,200 SF free standing office building available for lease or sale

Marketing description

Discover the West Toledo Multi-Use value add opportunity. Located at 4221 W Alexis Rd, Toledo, OH 43613—a 7,200 SF free-standing office building for lease or sale. This Class C property, renovated in 2019, offers a partially renovated shell space ready for your customization, split into two 3,600 SF floors. Prominently fronting 222 ft of Alexis Rd, a 4-lane thoroughfare, it features ample parking with access from Malden Ave and Comet Ave. Equidistant between Talmadge Rd/I-475 and W Alexis Rd/US 23, it’s zoned Regional Commercial for flexible use—offices, medical, or retail. Vacant on a 0.538-acre lot, it’s a value-add opportunity.

Contact Patrick West, SVN, with 16+ years managing 1M+ SF, 734-344-2317, or [email protected] for a tour!

Investment highlights

  • 7,200 SF newly renovated shell space, ready for custom buildout

  • 222 ft frontage on Alexis Rd, a bustling 4-lane thoroughfare

  • Ample parking with 50+ spaces, accessed via Malden and Comet

  • Opportunities for fascia and monument signage to boost visibility

  • Regional Commercial zoning supports retail, medical, or mixed use

  • Strategic location between Talmadge/I-475 and US 23 interchanges

  • 0.538-acre lot with value-add potential for investors

Listing Contacts

PW
OH 2023003931, MI 6501461650
SVN Ascension Commercial Realty
Listed by SVN Ascension Commercial Realty

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Additional Information

Name
Patrick West
License
2023003931
Brokerage Phone
7343442317
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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