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10151 Maumee Western Rd Investments 3 Properties Offered at $621,540 CAD in Monclova, OH



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.
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 | Number of Properties | 3 |
| Price / SF | $52.92 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 13.01% | Total Building Size | 11,746 SF |
| Sale Type | Investment | Total Land Area | 6.87 AC |
| Status | Active |
| 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 | - |
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10151 Maumee Western Rd Investments
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