2124 W Alexis Rd
Dual Drive-Thru | Freestanding Restaurant | 1.2 Acres | Below Replacement Cost
Marketing description
Dual Drive-Thru Restaurant Building | 2,423 SF | 1.2 Acres | Toledo's Alexis Rd Corridor
A rare chance to own a fully equipped, freestanding restaurant building with dual drive-thru windows in one of Toledo's highest-traffic retail corridors — priced well below replacement cost at $249,997.
This 2,423 SF building sits on 1.2 acres along W. Alexis Rd with 28,885 vehicles passing daily, 127 ft of prime road frontage, and two curb cuts for seamless drive-thru access. Built in 1975 and renovated in 2018, the building features 600-amp power, 2 RTUs, a commercial kitchen with walk-in cooler, walk-in freezer, and 3 vent hoods — all in place and ready for a new operator.
The interior offers a spacious 100-person dining area, 2 ADA-compliant renovated restrooms, ample paved parking, and excellent pylon and fascia signage visibility from the street.
Regional Commercial (10-CR) zoning allows for a wide variety of food service, retail, or service uses. The Alexis Rd corridor is surrounded by national tenants including Home Depot, Target, Kroger, Lowe's, Taco Bell, and Dollar General. The property also sits adjacent to the Toledo Trade Center — a major redevelopment bringing 850,000+ SF of industrial space and significant new job and consumer growth to the immediate trade area.
Ideal for an owner-operator looking to launch or expand a QSR, fast-casual, or specialty food concept, or an investor seeking a value-add asset in a high-visibility, high-traffic location.
Contact Patrick West at SVN Ascension Commercial Realty for tours and additional details.
Investment highlights
- Dual drive-thru windows with two curb cuts — ideal for high-volume food service operations
- 28,885 vehicles per day on W. Alexis Rd with 127 ft of frontage and pylon & fascia signage
- Commercial kitchen fixtures in place — walk-in cooler, walk-in freezer, and 3 vent hoods
- 100-person dining capacity with renovated, ADA-compliant restrooms
- 600-amp power and 2 rooftop HVAC units — ready for heavy commercial use
- 1.2-acre site with ample paved private parking and excellent ingress/egress
- Adjacent to Toledo Trade Center — 850,000+ SF industrial redevelopment driving area job and consumer growth
- Surrounded by national retailers — Home Depot, Target, Kroger, Lowe's, Taco Bell, and more within walking distance
- Regional Commercial (10-CR) zoning — flexible for restaurant, retail, service, and other uses
- Priced below replacement cost at $103/SF on a renovated freestanding building
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