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5890 Monroe St
Sylvania, OH 43560
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Major Intersection of Monroe Street & Alexis Road in Sylvania, Ohio
- Over 18,000 Cars per Day on Monroe Street
- Two Signalized Entrances
- Over 22,000 Cars per Day on Alexis Road
- 0.25 Miles from US 23
EXECUTIVE SUMMARY
+/- 2.25 acres and 33,600 Square foot Redevelopment Opportunity for this previous Rite Aid - Anchor retail space, both for Sale or for Lease. High traffic area at the major intersection of Monroe Street & Alexis Road in Sylvania, Ohio with two signalized entrances, ample parking, two pylon signs, and cross access parking and access easements. Includes recent electrical upgrades; Including 600 AMP 480/277 Volt 3 Phase Panel, and a 400 AMP 120/208 Volt 3 Phase Panel.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
33,600 SF
Building Class
C
Year Built
1961
Price
$2,442,860 CAD
Price Per SF
$72.70 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
2.25 AC
Zoning
B-4 - Special Business District
Parking
203 Spaces (6.04 Spaces per 1,000 SF Leased)
Frontage
375’ on Ohio 184
AMENITIES
- Corner Lot
- Mezzanine
- Pylon Sign
- Signage
- Signalized Intersection
- Kiosk/Cart Space
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 82-04454 | Improvements Assessment | $1,086,371 CAD |
| Land Assessment | $147,414 CAD | Total Assessment | $1,233,785 CAD |
PROPERTY TAXES
Parcel Number
82-04454
Land Assessment
$147,414 CAD
Improvements Assessment
$1,086,371 CAD
Total Assessment
$1,233,785 CAD
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