Share This Listing

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Three-building portfolio includes a commercial space, eight-unit apartment building, and single-family home.
  • Recent upgrades include new roofs (2018 & 2021), resurfaced driveways, and updated mechanical systems.
  • Positioned near Toledo Express Airport, major employers, and retail destinations, enhancing long-term demand.
  • Located at a high-visibility corner with two curb cuts and easy access to major highways.
  • Strong income performance with $85,500 gross scheduled rental income and NOI of $58,532.

Executive Summary

This investment property offers a unique opportunity to acquire a mixed-use asset in Monclova Township, OH, featuring a commercial building, an eight-unit apartment building, and a single-family residence. Situated on a 1.27-acre parcel at the signalized intersection of Maumee Western Road (20A) and Eber Road, the property benefits from strong visibility and convenient access to major transportation routes, including I-475 and the Ohio Turnpike.
The commercial building, currently leased to Ed’s Barbeque & Brew, includes a full kitchen and bar setup, making it an income-generating asset from day one. The eight-unit apartment building consists of a mix of furnished and unfurnished units, with utilities and cable included in rent, and operates on month-to-month leases, providing flexibility for future repositioning. The single-family home offers additional rental income and features a fenced yard, garage, and updated windows and doors.
Recent capital improvements include new asphalt shingle roofs on all buildings, upgraded electrical panels, and new water tanks, ensuring reduced maintenance costs for the new owner. With a gross scheduled rental income of $85,500 and a net operating income of approximately $58,532, this property presents a solid return potential for investors seeking a diversified income stream in a growing market.

Property Facts

Price $621,540 CAD
Price / SF $52.92 CAD / SF
Cap Rate 13.01%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 11,746 SF
Total Land Area 6.87 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
10147 Maumee Western Rd, Monclova, OH 43542 Multifamily 2,700 SF 1961 -
10149 Maumee Western Rd, Monclova, OH 43542 Office 1,800 SF 1949 -
10151 Maumee Western Road
10151 Maumee Western Rd, Monclova, OH 43542
Retail 7,246 SF 1959 -
Show More > < Show Less
  • Listing ID: 39907960

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 10151 Maumee Western Rd Investments, Monclova, OH

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}