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Opportunity Zone
The Secor Building
redevelopment opportunity to multi-family
Listing Contacts
See All (3)
License: OH 2011003129
License: OH 0000341752
Active
Asking Price: $3,400,000
Earnest Money Deposit: $10,000 min.
Address
425 Jefferson Ave, Toledo, OH 43604
Show on MapDate Added
May 29, 2019
Days on Market
2153 days
Time Since Last Update
54 days
Details
Property TypeMultifamily, Office
SubtypeApartment Building
ClassC
Lease TypeGross
TenancyMulti
Remaining Term0 years
Square Footage175,212
Price/Sq Ft$19.41
Cap Rate0.00%
Occupancy50%
Year Built1908
Lot Size (acres)0.47
Sale ConditionFor sale by owner
INTELLIGENCEMarketing Description
- 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
Investment Highlights
View Complete Property Profile Here: https://www.rkgcommercial.com/properties/?propertyId=425-jefferson-avenue-sale
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ROI
Property History
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Due Diligence
Listing Contacts
See All (3)- License: OH 2011003129
- License: OH 0000341752
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