1502 Broadway, 1520, Toledo, OH 43609 (MLS# 5040545)

1502 Broadway, 1520, Toledo, OH 43609

$860,000

Aerial View. McDonald s, Taco Bell, Family Dollar, Subway, Rent-a-Center.

Property Type: Commercial Sale Baths: 2 Lot Size (sq. ft.): 117,176 Status: Closed

Current Price: $860,000 List Date: 4/13/2012 Last Modified: 10/13/2025

Overview

Description

Join McDonald's, Taco Bell, Family Dollar, Rent-A-Center & Subway at this attractive and Highly visible Neighborhood Retail Center. 120 Parking spaces, 4 Curb Cuts, Owner willing to build out to tenants specifications. 2011 CAM charges were $2.29 psf. Owner responsible for Roof & Structure. Offered at $8/psf NNN. Exclude Grocery & Hamburger sales.

Listing Details MLS# 5040545

Listing Information

Property Sub Type: Retail

Status Change Information

Status Change Timestamp: 2013-06-07
Purchase Contract Date: 2013-06-06
Close Date: 2013-06-07
Close Price: 860000
Buyer Financing: Lease Option

Address

Street Number: 1502
Street Name: Broadway
Unit Number: 1520
County: Lucas
State: OH
Postal Code: 43609
Parcel Number: 1227477

Contract

Named Exceptions YN: No
Original List Price: 84224
Listing Contract Date: 2012-04-12
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service

Interior

Bathrooms Total: 2

Building

Year Built: 1994
Stories Total: Yes

More Information

Lot

Lot Size Acres: 2.69
Lot Size Square Feet: 117176
Lot Size Dimensions: Irregular

Remarks

Public Historical Remarks: 84224.00Lease Price:, Parking: 31+ Spaces, Ceiling Height: 11-15 Feet, For Lease YN: Yes, For Sale YN: No, Miscellaneous: Alarm,
Public Remarks: Join McDonald's, Taco Bell, Family Dollar, Rent-A-Center & Subway at this attractive and Highly visible Neighborhood Retail Center. 120 Parking spaces, 4 Curb Cuts, Owner willing to build out to tenants specifications. 2011 CAM charges were $2.29 psf. Owner responsible for Roof & Structure. Offered at $8/psf NNN. Exclude Grocery & Hamburger sales.

Building and Property Details

Building 1 Length: 142
Building 1 Width: 75

Showing Information

Showing Instructions: Dave Kerscher; 419-345-8232 or 419-878-3132

Tax & Legal

6 Months General Tax: 22405
6 Months Special Assessment Tax: 858
6 Months Total Tax: 23263
Zoning: C-6
Directions: At the Northwest Corner of Broadway and South St.
Auction YN: No

Construction Materials

Brick: Yes
Stone: Yes

Cooling

Central Air: Yes

Flooring

Concrete: Yes

Foundation Details

Slab: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Location of Property

Shopping Center: Yes

Parking Features

Parking Lot: Yes

Possession

Close Of Escrow: Yes

Roof

Flat: Yes

Security Features

Fire Alarm: Yes
Smoke Detector(s): Yes

Sewer

Sanitary Sewer: Yes
Storm Sewer: Yes

Water Heater

Gas: Yes

Water Source

Public: Yes

Lease Term Options

Renewal Option: Yes
Other: Yes

Owner Pays

Exterior Maintenance: Yes
Repairs: Yes
Other: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Insurance: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Building Features

Loading Dock(s): Yes

Business Type

Retail: Yes

Licenses Required

None: Yes

Loading Details

Delivery Door: Yes

Sale Includes

Building: Yes

Documents

Drawing: Yes
Leases: Yes
Survey: Yes

Property Features

Building Features: Loading Dock(s) Business Type: Retail Construction Materials: Brick; Stone Cooling: Central Air Flooring: Concrete Foundation Details: Slab Heating: Forced Air; Natural Gas Lease Term Options: Renewal Option; Other Licenses Required: None Loading Details: Delivery Door Location of Property: Shopping Center Owner Pays: Exterior Maintenance; Repairs; Other Parking Features: Parking Lot Possession: Close Of Escrow Roof: Flat Sale Includes: Building Security Features: Fire Alarm; Smoke Detector(s) Sewer: Sanitary Sewer; Storm Sewer Tenant Pays: Electricity; Gas; Insurance; Sewer; Taxes; Trash Collection; Water Water Heater: Gas Water Source: Public Documents: Drawing; Leases; Survey

Listing Office: Ridgewater Real Estate Co

Last Updated: October - 13 - 2025