Sylvania Portfolio of properties for Sale - West/Sylvania
Seize a once-in-a-lifetime chance to shape the future of Downtown Sylvania, Ohio. For the first time in history, a contiguous "city block" composed of two adjacent corner parcels is available, offering an unprecedented re-development opportunity in a rapidly booming region.
This isn't just land; it's a strategic gateway to Northwest Ohio's exploding growth corridor, perfectly positioned to capitalize on massive regional investments and a city actively seeking visionary partners. Wall Street Journal rates Toledo #1 in housing market April 2025 out of the largest 200 metropolitan areas in the United States. #4 in August 2025.
*** Update November 2025 - BRAND NEW ROAD - Summit Street from Monroe St. to the Michigan border, 3/4 of a mile is all newly installed further enhancing and raising the value of these parcels.
5% commission to buyer's agent - 100/0 split; seller agent requires no compensation.
The Location: Commanding a Full Downtown Presence
• Dominant Frontage: Boasting an unrivaled 421 feet across Summit, Erie, and Main Street, these parcels ensure maximum visibility and accessibility for your landmark development.
• The Gateway to Downtown: Strategically situated at the end of Sylvania's vibrant two-block downtown core, this site offers the unique chance to create a defining destination.
• B-3 Central Business District: Leverage flexible B-3 zoning for highly sought-after uses:
• Luxury Multi-Family Residences: Capitalize on the soaring demand for upscale urban living.
• Dynamic Mixed-Use Developments: Integrate ground-floor retail, restaurants, or businesses with vibrant residential units above.
• Thriving Entertainment Venues: Restaurants, bars, and cafes to cater to Sylvania's growing population and visitors.
• Unleash Vertical Potential: Recent zoning changes now permit structures up to 60 feet, with the potential for even greater height (up to 70+ feet with penthouse exceptions), allowing you to maximize density and ROI.
The Unbeatable Advantage: Positioned for Explosive Returns
Sylvania is undergoing a fundamental economic and infrastructural transformation, directly benefiting this prime development site:
• City-Backed Incentives: A recently passed Tax Increment Financing (TIF) program is already in place for these parcels, providing a powerful financial incentive for your development. The City of Sylvania is eager to partner with a developer to realize this downtown anchor's full potential.
• Massive Infrastructure Investment:
• $2 Million Downtown Infrastructure Improvement: Currently underway, this project is revitalizing Main Street, directly enhancing the value of nearby properties.
**** Phase 2 second block of Main Street construction is about to commence and should be finished by 2026 year end, further enhancing value!
• $30 Million ODOT US-23/Monroe Street Interchange: Located just one mile away, this significant transportation upgrade, currently underway, will dramatically improve regional connectivity, driving more business and residents to Sylvania.
• Economic Tsunami on the Horizon:
• The Gordie Howe International Bridge (Opening Fall 2025): This $6.4 BILLION project, just over an hour away, will fundamentally reshape trade and logistics in Northwest Ohio, positioning Sylvania as a critical nexus in a re-energized economic corridor.
• Meta's $800 Million Data Center (20 Miles Away): Facebook's parent company is making a colossal investment in Bowling Green, creating high-paying jobs and a powerful economic ripple effect that will directly impact Sylvania's housing and commercial markets.
• Strategic Regional Access: Within an hour of Ann Arbor and Detroit, and a short drive to Cleveland, Columbus, and Chicago, Sylvania offers the charm of a vibrant downtown with unparalleled access to major economic hubs.
Envision the Possibilities: Your Vision, Our Advantage
This site is ideal for:
• A Premier Mixed-Use Destination: Imagine ground-floor retail and restaurant spaces bustling with activity, topped by luxury apartments or condominiums catering to Sylvania's discerning demographic (median household income $104,845; 51.8% hold a Bachelor's Degree or higher).
• A Forward-Thinking Corporate Headquarters: Establish a new base with unparalleled visibility, offering executive suites and employee amenities within walking distance of downtown's vibrant scene.
• Boutique Hotel or Executive Lodging: Cater to the influx of corporate visitors, university guests, and recruiting prospects drawn by the region's burgeoning economy.
• Strategic Land Assemblage Potential: While impressive on its own, acquiring two additional adjacent parcels to the south (totaling over an acre if also acquired, roughly 310x150ft) unlocks "endless and likely very fruitful" possibilities for large-scale development, including potential ample underground parking.
• Recently renovated office space is ready to market your upscale living/development plans.
• 10 retail tenants and 50 residential tenants potential for $70-$100k per month rental income as a "napkin math" start.
The Sylvania Lifestyle: A Magnet for Talent and Investment
Sylvania boasts a highly desirable quality of life:
• Walkable Downtown Charm: Enjoy an array of amenities just blocks away, including Chandler Cafe, Main Street Sweets, Inside the Five, J & G Pizza Palace, Upside Brewing, Dallas Taproom, and upcoming additions like Mancy's Restaurant and a new Whiskey Bar. Sautter’s Grocery is just a 2 block walk away.
• Community-Oriented: Proximity to Plummer Park, a public pool, and excellent city services (Police & Fire Departments, Library).
• Rich Cultural & Recreational Scene: Easy access to the #1 Rated Toledo Museum of Art, #1 Rated Toledo Zoo, and the renowned Toledo Metro Parks system. Highland Meadows Golf Country Club is 1 mile away.
• Robust Infrastructure: Fiber optic internet, city water and sewer lines, and recently upgraded gas lines ensure seamless operations for any development.
Krogers, Burger King, Little Caesars, Taco Bell, McDonalds, Tony Packos, Ace Hardware, Speedway, Jimmy Johns, Wendy’s, Tim Hortons, Dunkin’ Donuts, Caio!, Frickers, Bambinos, Subway, Wyndham Hotel, are all within about 2 miles from subject property. Sheetz is heavily investing in Northwest Ohio with more locations actively opening/under construction. Raising Cane's has also done the same.
This is not a passive investment; it's an invitation to lead the next wave of prosperity in Northwest Ohio.
Act now! Opportunities of this magnitude are exceptionally rare and fleeting. Contact us today to secure the premier development site in Downtown Sylvania and shape the future of this thriving community.
