The Alleyway 28 N Erie St

28 N Erie St , Toledo, Ohio, 43604 | 22,800 sq.f | $ 2,500,000

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About This Restaurant

Investment Highlights

Located on Erie street the main gateway into Downtown Toledo creating easy access and great visibility 2 blocks from the Huntington Center and 8,000+ seat arena hosting Walleye Hockey, Indoor Concerts, and many other events 1 block from 5/3 field ( Mudhens Baseball), a 10,000+ seat stadium with an average of 71 home games annually Property underwent a complete renovation and transformation in 2019/2020 including entire buildout and all MEP's

Executive Summary

Sale incudes the Real Estate and all FF&E......Great opportunity to acquire a successful bar and restaurant located in Downtown Toledo's Warehouse District near 5/3 Field, Huntington Center, Hensville, and many other popular bar, restaurants, and entertainment venues.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Bar General Retail Storefront Restaurant
  • Building Size    22,800
  • Building Class    C
  • Year Built/Renovated    1872/2020
  • Price    2,500,000
  • Price Per SF    110
  • Tenancy    Single
  • Building Height    4 Stories
  • Building FAR    2.09
  • Land Acres    0.25 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Restaurant

Nearby Amenities & Transportation

Retail Pita Pit
Retail Frickers
Retail CrossFit
Retail Huntington National Bank
Retail Real Seafood Company
Retail The YMCA
Retail Starbucks
Retail KeyBank
Retail Rent-A-Center
Retail Cadence Bank

Property Taxes

Parcel Number 12-15777 Improvements Assessment $10,395
Land Assessment $72,520 Total Assessment $82,915
Date Created: 2024-07-16 04:18:05 Last Updated: 2024-07-16 04:18:05
Address: 28 N Erie St , Toledo, Ohio, 43604