- For Sale $530,526
- Property Type Retail - Street Retail
- Property Size 2,616 SF
- Lot Size 0.25 Acre
- Parking Spaces Avail. 23
- Property Tenancy Single Tenant
- Building Class C
- Year Built 1940
- Year Renovated 2023
- Date Updated Sep 2, 2026
Description
xx2,616 SF single-tenant retail investment property situated on 0.26 acres for sale. This commercial node is served by the signalized convergence of Sylvania, Lewis and Philips Ave, located just over one mile from I-75 and Hwy-24, providing ease of access to downtown Toledo, and the Michigan border. The corridor is lined with active small-format retail and food-service tenants including Pizza Hut, Marco's Pizza, McDonald's, and Taco Bell. The asset is 100% leased to Schaad's Auto Service and Towing on a zero-management absolute triple net lease basis, with the tenant paying 100% of taxes, insurance, and CAM directly and no landlord expense or management responsibility. Five-year lease term with one (1) five-year renewal option in place.
Highlights
- (2) In ground hydraulic post lifts
- 900 SF metal pole barn added in 2017, offering additional covered storage or workshop space in addition to the primary structure.
- Cameras & Security system in place.
- Overhead Doors; 5 total (3) 9'11 wide 8'11 high (2) 15'11 wide 8'11 high
- Pylon and monument signage availible
- Zero-management NNN structure. Tenant (Schaad's Service and Towing) pays 100% of taxes, insurance, and CAM directly, with no landlord expense responsibility at all.
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Contacts
Rami Sebai
SVN | Ascension Commercial Realty
Location
Located at 1390 W Sylvania Ave, Toledo, OH 43612, this property is part of the Five Points neighborhood and Toledo market.
Contact Listing Broker
Rami Sebai
SVN | Ascension Commercial Realty
