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1616 Cherry St 0.22 Acres of Commercial Land Offered at $392,079 CAD in Toledo, OH 43608

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Investment Highlights

Prime commercial development opportunity
Minutes from Downtown Toledo and the Warehouse District
Strong daytime population driven by healthcare, government, and business employment

Excellent frontage and visibility along Cherry Street
Near Mercy Health – St. Vincent Medical Center and ProMedica Headquarters
Located within an active redevelopment corridor benefiting from continued public and private investment

Property Facts

Price	$392,079 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail
No. Lots	1	Total Lot Size	0.22 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CR - Regional Commercial

Price	$392,079 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail
Total Lot Size	0.22 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CR - Regional Commercial

1 Lot Available

Lot

Price	$392,079 CAD	Lot Size	0.22 AC
Price Per AC	$1,782,175.94 CAD

Price	$392,079 CAD
Price Per AC	$1,782,175.94 CAD
Lot Size	0.22 AC

Description

For Sale | Prime Commercial Development Site 1616 Cherry St, Toledo, OH 43608 Position your next development in one of Toledo's most strategic commercial corridors. 1616 Cherry Street offers an exceptional opportunity to acquire a highly visible commercial parcel in a rapidly evolving area just minutes from Downtown Toledo. With outstanding frontage along Cherry Street and excellent accessibility, this property is well-suited for developers, investors, and owner-users seeking a site with long-term growth potential. Located on a major arterial connecting Downtown Toledo to the city's northern neighborhoods, the property benefits from strong daily traffic counts, excellent visibility, and close proximity to some of the region's largest employment and healthcare centers. The surrounding area continues to experience significant public and private investment, making this an ideal location for future commercial development. Just minutes away are Mercy Health – St. Vincent Medical Center, the ProMedica campus, Downtown Toledo, the Warehouse District, and numerous entertainment and cultural destinations, providing a built-in customer base and strong daytime population. Whether you're planning retail, medical, office, restaurant, financial services, or another commercial project, this site offers the visibility, accessibility, and market fundamentals to support a successful development.

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