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1629 Nebraska Ave 4,906 SF Retail Building Toledo, OH 43607 $414,187 CAD ($84.42 CAD/SF)
Investment Highlights
- Historical average of 175 funeral services performed a year.
- Prime Junction neighborhood location in Central Toledo
- Capacity: 150-200 people on first floor and approved for 50+ people on second floor. Showroom in the basement.
- Coffin elevator from basement to 2nd floor, flower room, and casket showroom in basement.
- Vacant house adjacent in poor condition with 2 car oversized garage.
- 42 on-site parking spaces with four curb cuts for easy access.
Executive Summary
This 4,906-square-foot commercial property, formerly operating as a funeral home, offers a unique redevelopment or adaptive reuse opportunity in the heart of Toledo. Situated on 1.45 acres across multiple parcels, the property features mixed zoning (RD-6/MX) and includes a two-story building with a basement showroom, four restrooms, and a functional layout suitable for a variety of commercial or institutional uses.
The building is equipped with central air conditioning, a security system, and a coffin elevator connecting the basement to the second floor. Parking is abundant, with 42 spaces and four curb cuts providing easy ingress and egress. Located in the Junction neighborhood, the site benefits from proximity to N. Detroit Avenue and convenient access to major roadways, ensuring strong connectivity to the broader Toledo market. With its existing infrastructure and flexible zoning, this property presents an attractive option for investors, owner-users, or developers seeking a centrally located asset with redevelopment potential.
The building is equipped with central air conditioning, a security system, and a coffin elevator connecting the basement to the second floor. Parking is abundant, with 42 spaces and four curb cuts providing easy ingress and egress. Located in the Junction neighborhood, the site benefits from proximity to N. Detroit Avenue and convenient access to major roadways, ensuring strong connectivity to the broader Toledo market. With its existing infrastructure and flexible zoning, this property presents an attractive option for investors, owner-users, or developers seeking a centrally located asset with redevelopment potential.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Funeral Home
Building Size
4,906 SF
Building Class
C
Year Built
1953
Price
$414,187 CAD
Price Per SF
$84.42 CAD
Tenancy
Single
Building Height
2 Stories
Zoning
RD6 - Zoning aims to create neighborhoods with a suburban feel, providing space for yards and gardens while maintaining a moderate density of housing.
Parking
42 Spaces (8.56 Spaces per 1,000 SF Leased)
Frontage
322’ on Nebraska Ave
Amenities
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $169,164 CAD | |
| Land Assessment | $16,709 CAD | Total Assessment | $185,873 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$16,709 CAD
Improvements Assessment
$169,164 CAD
Total Assessment
$185,873 CAD
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1629 Nebraska Ave
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