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Investment Highlights
- 60,804 SF Cold Storage / Food Processing Facility
- R-507A Refrigeration System
- 4 Rail-Served Dock Positions — Watco Rail Spur
- 700-Pallet Freezer Capacity (-10°F)
- 3,000 Amp, 3-Phase Heavy Power
Executive Summary
1015 New York Ave offers a freestanding, rail-served manufacturing and distribution building with substantial process infrastructure already in place, on a 6-acre site with 10 additional acres available for expansion. The property totals 60,804 SF of masonry construction with 26 ft clear height, located in Toledo's I-280 corridor in Lucas County.
The building's most immediate advantage is throughput. It offers 27 dock doors, 9 of them with refrigeration, plus 4 rail-served doors on the Watco line. Buildings in this size class that combine that dock count with active rail service are uncommon in the Northwest Ohio market, and fewer still pair it with the power and plant systems in place here.
LOCATION AND ACCESS
The site sits in Toledo's established industrial corridor with direct access to I-280 and connections to I-75, I-80/90, and the Ohio Turnpike. Toledo Express Airport and the Port of Toledo are both within reach, and the location places the building within a day's drive of a significant share of the US and Canadian population. Rail service on the Watco line is active to the building itself, not simply available to the park.
POWER AND UTILITIES
The building is served by 3,000 amp, 3-phase electrical service, which supports manufacturing loads without requiring a utility upgrade. City water and sewer are in place.
The water service merits specific attention. The building's tap is located on the 24 inch main running along the north side of New York Ave, confirmed with the City of Toledo engineering office, with supporting documentation available on request. For water-intensive operations, including food processing, closed-loop cooling for molding equipment, or any process with meaningful water demand, that tap represents capacity that is difficult, slow, and costly to secure at alternative sites.
PROCESS INFRASTRUCTURE
The plant systems in place represent significant capital and lead time relative to building new:
60 HP boiler capacity for hot water and steam
Two 200 HP air compressors
Glycol water chiller system for product mix temperature control
Two 55-ton pneumatic silos, epoxy-coated steel, with bag houses on top and sifters inside
Wet and dry sprinkler systems throughout
The pneumatic silos and associated bulk material handling are a defining feature of this building. They support dry ingredient receiving and conveying for food and bakery operations, and they are equally suited to bulk resin feed for plastic injection molding. Combined with 3,000 amp service, compressed air, and glycol cooling, the building presents a credible platform for a molding operation without the multi-year timeline of a ground-up build.
REFRIGERATION AND COLD CHAIN
R-507A refrigeration serves the freezer and refrigerated dock, approximately 12,519 SF combined, including a 700-pallet freezer operating at -10F. Nine of the 27 dock positions are refrigerated, supporting temperature-controlled loading and unloading. The 3,600 SF cooler is an insulated envelope with no refrigeration system currently in place, offering a cost-effective path to added capacity for a user who needs it.
INTERIOR CONFIGURATION
Dry storage: 26,261 SF
Dry storage and shipping: 11,920 SF
Freezer: 7,776 SF
Freezer and refrigerated dock: 4,743 SF
Cooler envelope (insulated, no refrigeration in place): 3,600 SF
Office: 4,176 SF
Operations office: 528 SF
The office is finished and in good condition across two levels, with multiple building entrances and an operations office positioned for floor supervision. The roof is in good condition.
EXPANSION LAND
The 10 additional acres available for expansion give a buyer flexibility that most infill industrial sites cannot offer: building expansion, trailer and container storage, additional yard, or truck parking. In a market where trailer parking and yard space are increasingly constrained, that land carries value independent of the building.
USE FLEXIBILITY
The property qualifies for a wide range of operators, which broadens the buyer and tenant pool and reduces re-tenanting risk:
Manufacturing and light industrial
Distribution and warehousing
Third-party logistics
Food processing and bakery
Plastic injection molding
Cold storage and temperature-controlled distribution
That range is a function of real infrastructure rather than zoning alone. The combination of heavy power, rail, dock count, bulk handling, refrigeration, boiler, and compressed air means the building can serve markedly different tenant profiles without wholesale reconfiguration.
TERMS
Offered for sale at $7,200,000 or for lease at $10.00/SF NNN, accommodating both owner-user acquisition and lease-based occupancy strategies.
Full offering package, floor plans, and equipment detail are available on request. Tours can be arranged with reasonable notice.
The building's most immediate advantage is throughput. It offers 27 dock doors, 9 of them with refrigeration, plus 4 rail-served doors on the Watco line. Buildings in this size class that combine that dock count with active rail service are uncommon in the Northwest Ohio market, and fewer still pair it with the power and plant systems in place here.
LOCATION AND ACCESS
The site sits in Toledo's established industrial corridor with direct access to I-280 and connections to I-75, I-80/90, and the Ohio Turnpike. Toledo Express Airport and the Port of Toledo are both within reach, and the location places the building within a day's drive of a significant share of the US and Canadian population. Rail service on the Watco line is active to the building itself, not simply available to the park.
POWER AND UTILITIES
The building is served by 3,000 amp, 3-phase electrical service, which supports manufacturing loads without requiring a utility upgrade. City water and sewer are in place.
The water service merits specific attention. The building's tap is located on the 24 inch main running along the north side of New York Ave, confirmed with the City of Toledo engineering office, with supporting documentation available on request. For water-intensive operations, including food processing, closed-loop cooling for molding equipment, or any process with meaningful water demand, that tap represents capacity that is difficult, slow, and costly to secure at alternative sites.
PROCESS INFRASTRUCTURE
The plant systems in place represent significant capital and lead time relative to building new:
60 HP boiler capacity for hot water and steam
Two 200 HP air compressors
Glycol water chiller system for product mix temperature control
Two 55-ton pneumatic silos, epoxy-coated steel, with bag houses on top and sifters inside
Wet and dry sprinkler systems throughout
The pneumatic silos and associated bulk material handling are a defining feature of this building. They support dry ingredient receiving and conveying for food and bakery operations, and they are equally suited to bulk resin feed for plastic injection molding. Combined with 3,000 amp service, compressed air, and glycol cooling, the building presents a credible platform for a molding operation without the multi-year timeline of a ground-up build.
REFRIGERATION AND COLD CHAIN
R-507A refrigeration serves the freezer and refrigerated dock, approximately 12,519 SF combined, including a 700-pallet freezer operating at -10F. Nine of the 27 dock positions are refrigerated, supporting temperature-controlled loading and unloading. The 3,600 SF cooler is an insulated envelope with no refrigeration system currently in place, offering a cost-effective path to added capacity for a user who needs it.
INTERIOR CONFIGURATION
Dry storage: 26,261 SF
Dry storage and shipping: 11,920 SF
Freezer: 7,776 SF
Freezer and refrigerated dock: 4,743 SF
Cooler envelope (insulated, no refrigeration in place): 3,600 SF
Office: 4,176 SF
Operations office: 528 SF
The office is finished and in good condition across two levels, with multiple building entrances and an operations office positioned for floor supervision. The roof is in good condition.
EXPANSION LAND
The 10 additional acres available for expansion give a buyer flexibility that most infill industrial sites cannot offer: building expansion, trailer and container storage, additional yard, or truck parking. In a market where trailer parking and yard space are increasingly constrained, that land carries value independent of the building.
USE FLEXIBILITY
The property qualifies for a wide range of operators, which broadens the buyer and tenant pool and reduces re-tenanting risk:
Manufacturing and light industrial
Distribution and warehousing
Third-party logistics
Food processing and bakery
Plastic injection molding
Cold storage and temperature-controlled distribution
That range is a function of real infrastructure rather than zoning alone. The combination of heavy power, rail, dock count, bulk handling, refrigeration, boiler, and compressed air means the building can serve markedly different tenant profiles without wholesale reconfiguration.
TERMS
Offered for sale at $7,200,000 or for lease at $10.00/SF NNN, accommodating both owner-user acquisition and lease-based occupancy strategies.
Full offering package, floor plans, and equipment detail are available on request. Tours can be arranged with reasonable notice.
Property Facts
Amenities
- 24 Hour Access
- Controlled Access
- Cooler
- Fenced Lot
- Floor Drains
- Security System
- Signage
- USDA/FDA
- Fiber Optic Internet
- Backup Power / Generators
- Perimeter Security Fence
- Locker Room
Utilities
- Lighting - Metal Halide
- Gas
- Water - City
- Sewer - City
- Heating - Gas
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 11-19391 | Improvements Assessment | $498,041 CAD |
| Land Assessment | $38,956 CAD | Total Assessment | $536,997 CAD |
Property Taxes
Parcel Number
11-19391
Land Assessment
$38,956 CAD
Improvements Assessment
$498,041 CAD
Total Assessment
$536,997 CAD
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