2516 W Sylvania Ave, 2500 W Sylvania Ave
$2,100,000
2516 W Sylvania Ave, 2500 W Sylvania Ave, Toledo, OH 43613
For Sale
Retail
Restaurant
Active
Last Updated: 08/27/2025
2,688 sqft
Building Size
0.726 acres
Lot Area
Details:
Building Size: 2,688 sqft
Lot Area: 0.726 acres
Class: C
Year Built: 1975
Floors: 1
Description:
Property was built in 1975 and renovated in 2005.
Outlots of 73,650 SF Deveuax Shopping Center For Sale $5,350,000 (9.34% Cap Rate)
2516 Sylvania Ave Executive Diner Lease expires April 31, 2026 pays $42,000 year.
Landlord pays property insurance & real estate tax.
NOI estimate $40,500
2500 Sylvania La Fiesta Expires June 1, 2030 pays $144,000 year.
Landlord pays property insurance & real estate tex.
Estimated $115,000 year NOI
Thus, combined $155,500 year/ $2,100,000 = 7.4% cap rate
Dense population and high traffic count, near Toledo Hospital.
Outlot of Deveaux shopping center.
Documents:
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| 2516_W_Sylvania_Ave__2500_W_Sylvania_Ave_-_Data_Sheet__S_.pdf |
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Location
