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South Industrial 3032-3038 South Ave 77,188 SF 100% Leased Industrial Building Toledo, OH 43609 $3,307,359 CAD ($42.85 CAD/SF) 7% Cap Rate
Investment Highlights
- Versatile 10-IG Industrial Zoning Supports a Broad Range of Users. 10-IG zoning provides flexibility for manufacturing, fabrication, and warehousing
- Strong Access to Toledo's Manufacturing and Logistics Workforce. Located within a historically significant industrial market within the Toledo MSA
- Brand-New Roof Installed in Spring 2026. Recent roof install provides minimal capital investment over long term with a 20-year Warranty
- Substantial 76,829 SF Facility Offers Scale for Growing Operations. The property's sizable footprint accommodates largescale manufacturing, &warehouse
Executive Summary
Versatile 10-IG Industrial Zoning Supports a Broad Range of Users. 10-IG zoning provides flexibility for manufacturing, fabrication, warehousing, distribution, and contractor-oriented operations, enhancing the property's long-term usability and appeal to a diverse tenant base.
Property Facts
| Price | $3,307,359 CAD | Rentable Building Area | 77,188 SF |
| Price Per SF | $42.85 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1974 |
| Cap Rate | 7% | Parking Ratio | 0.5/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 14’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 4.40 AC | ||
| Zoning | I-G | ||
| Price | $3,307,359 CAD |
| Price Per SF | $42.85 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 4.40 AC |
| Rentable Building Area | 77,188 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Parking Ratio | 0.5/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-G |
Amenities
- Fenced Lot
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 20-00351 | Improvements Assessment | $522,443 CAD |
| Land Assessment | $39,388 CAD | Total Assessment | $561,831 CAD |
Property Taxes
Parcel Number
20-00351
Land Assessment
$39,388 CAD
Improvements Assessment
$522,443 CAD
Total Assessment
$561,831 CAD
Contacts
-
Deno Bistolarides -
Hunter Rupp -
Kaleb Rupp -
Encore Real Estate Investment Services
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South Industrial | 3032-3038 South Ave
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