- For Sale $299,000
- Property Type Other
- Property Size 3,588 SF
- Units 5
- Lot Size 0.15 Acre
- Parking Spaces Avail. 12
- Property Tenancy Multi-Tenant
- Year Built 1965
- Year Renovated 2021
- Date Updated May 14, 2026
Description
Just south of W Alexis Rd on Douglas in North Toledo.IMPROVED PRICING: 3,588 SF, fully leased, mixed use building available for sale. Zoned Duplex Residence with Special Use Permits, allowing for numerous commercial uses. Building contains 2 units, first floor commercial unit and second floor apartment. Current tenants include Milestones Development Center Daycare and owners of Milestones Development Center. Situated just 1/4 mile south of Alexis Rd., a heavily trafficked main Toledo thoroughfare.
Highlights
- 12 parking spots, 6 in front lot, 6 in back, plus a garage
- Excellent visibility and accessibility with extended curb cut along Douglas Rd.
- Landlord Responsibilities: Roof, parking lot, structure, HVAC repairs/replacement over $750 per service
- Recent updates include: New flooring, newer flat roof, HVAC system, and water heater
- Tenant Responsibilities: Interior repairs, snow plowing, landscaping, utilities, and HVAC repairs/replacement up to $750 per service
- VPD's: Douglas Rd- 11,133 (25), W Alexis Rd- 24,014 (25)
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Contacts
Rami Sebai
SVN | Ascension Commercial Realty
Location
Located at 5532 Douglas Rd, Toledo, OH 43613, this property is part of the Whitmer - Trilby neighborhood and Toledo market.
Contact Listing Broker
Rami Sebai
SVN | Ascension Commercial Realty