3201 Warsaw St, Toledo, OH 43608
- $39,900
- 4
- BD
- 5,621
- SqFt
- List Price
- $39,900
- MLS#
- 10011356
- Property Type
- Multifamily
- Bedrooms
- 4
- Sqft. of Residence
- 5,621
- Lot Size
- 3,491
- Status
- ACTIVE
- County
- Lucas
- Acres
- 0.08
- Year Built
- 1912
Property Description
Unlock the potential of this mixed-use investment opportunity located at 3201 Warsaw Ave, Toledo, OH 43608. This versatile property features a street-level commercial storefront/shop with two residential apartments above, offering an excellent opportunity for investors, entrepreneurs, or owner-occupants looking to generate multiple income streams. The commercial space offers outstanding visibility along Warsaw Avenue with ample exposure to neighborhood traffic, making it well suited for a variety of retail, office, service, or specialty business uses. Above the storefront are two apartments that provide additional rental income potential, creating the opportunity for three separate revenue-producing units under one roof. While the property does require some TLC and updates, it presents an exceptional value-add opportunity for investors looking to renovate and increase cash flow. Whether your vision is to restore the building to its former charm, modernize the commercial space, or renovate the apartments to maximize rental income, the possibilities are plentiful. Conveniently situated in North Toledo, the property offers quick access to I-75, I-280, and the Veterans' Glass City Skyway, providing excellent connectivity throughout the Toledo metropolitan area and neighboring communities. The location is just minutes from Downtown Toledo, the Port of Toledo, and major employers throughout the region, making it attractive for both commercial tenants and residential renters. Residents and visitors will appreciate the property's proximity to popular destinations including Promenade Park, the Toledo Museum of Art, the Huntington Center, Fifth Third Field, and the nationally recognized Toledo Zoo & Aquarium. Nearby shopping, restaurants, schools, parks, and public transportation further enhance the property's appeal. Whether you're an experienced investor seeking your next value-add project, a business owner looking to occupy the commercial space while generating rental income, or someone looking to expand a real estate portfolio, this mixed-use property offers tremendous upside at an affordable price. Bring your vision, build equity, and capitalize on the income-producing potential this unique property has to offer.
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Additional Information
- Acres
- 0.08
- Cooling
- Window/Wall
- Elementary School
- Sherman
- Foundation
- Crawl Space, Slab
- Garage Spaces
- 2
- Heating
- Natural Gas, Other
- High School
- Woodward
- Living Area
- 5,621
- Parking Spaces
- 2
- Possession
- Close Of Escrow
- Roof
- Flat
- School District
- Toledo
- Sewer
- Sewer
- Subdivision
- Parkland Addn.
- Terms
- Cash, Conventional
- Utilities
- Electricity Available, Natural Gas Available
- Water
- Public
- Year Built
- 1912
Mortgage Calculator
Listing courtesy of Listing Agent: Nicholas Novinsky (pnovins73@yahoo.com) from Listing Office: Key Realty.