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618 2nd St
Toledo, OH 43605
Retail Property For Sale


Investment Highlights
- Located in a Qualified Opportunity Zone, offering potential tax incentives for investors.
- Historic 1953 structure with unique architectural character and adaptive reuse potential.
- Excellent connectivity to I-75 and I-280, with nearby access to Toledo Express Airport.
- Two blocks from the $225 million Glass City Metropark and $28.5 million Riverwalk project.
- Features include a box-truck-compatible loading dock and surface parking for 6+ vehicles.
- Positioned near a retail center and within an area benefiting from significant redevelopment investment.
Executive Summary
This unique two-story property offers 7,980 square feet of adaptable space in East Toledo’s revitalizing district. Positioned within a Qualified Opportunity Zone, the asset provides significant tax advantages for investors seeking long-term growth. Originally constructed in 1953 as Toledo’s first postal substation, the building retains distinctive architectural elements, including original catwalks and structural features that lend themselves to creative redevelopment concepts.
Located just two blocks from the $225 million Glass City Metropark and the recently completed $28.5 million Riverwalk infrastructure project, the property benefits from a surge of public and private investment in the area. The site offers 124 feet of frontage along 2nd Street, a box-truck-compatible loading dock, and adjacency to a retail center with ample excess parking. With its flexible CS zoning and proximity to major highways (I-75 and I-280), this property is well-suited for adaptive reuse, including hospitality, retail, or mixed-use concepts.
Investors will appreciate the property’s strategic location within a growing urban core, supported by over $167 million in secured funding for riverfront redevelopment. This is a rare opportunity to acquire a historically significant building with strong upside potential in a market undergoing transformative change.
Located just two blocks from the $225 million Glass City Metropark and the recently completed $28.5 million Riverwalk infrastructure project, the property benefits from a surge of public and private investment in the area. The site offers 124 feet of frontage along 2nd Street, a box-truck-compatible loading dock, and adjacency to a retail center with ample excess parking. With its flexible CS zoning and proximity to major highways (I-75 and I-280), this property is well-suited for adaptive reuse, including hospitality, retail, or mixed-use concepts.
Investors will appreciate the property’s strategic location within a growing urban core, supported by over $167 million in secured funding for riverfront redevelopment. This is a rare opportunity to acquire a historically significant building with strong upside potential in a market undergoing transformative change.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,980 SF
Building Class
C
Year Built
1953
Price
$34,562 CAD
Price Per SF
$4.33 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.22
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
CS - CS - Storefront Commercial
Parking
15 Spaces (1.93 Spaces per 1,000 SF Leased)
Frontage
144’ on 2nd St
Property Taxes
| Parcel Numbers | Improvements Assessment | $74,422 CAD | |
| Land Assessment | $10,424 CAD | Total Assessment | $84,846 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$10,424 CAD
Improvements Assessment
$74,422 CAD
Total Assessment
$84,846 CAD
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