Multifamily Housing
2294 Albion Street Toledo, OH 43606
Details & Description
Price: $125,000
    • Great opportunity for multi-family redevelopment with first floor office or commercial space.• Building needs major renovations but has good bones and most utilities remain in place.• First floor and rear building, most recently used as a resale shop/antique shop.• Half of the apartment units just need minor updates, but some units require major rehab.• Possible uses – would make a nice group home for transitional housing or a recovery center.• Various floorplans and configurations are a possibility.• Rear building has an inoperable freight elevator.• Open concrete porch in rear needs to be replaced.• Roof needs some repairs but has held up relatively well.• All offers will be subject to Lucas County Land Bank approval and proof of funds will be necessary.• Waiver of liability will be required to show.
    Listing Agents
    Zack Liber

    O: 419-249-7070
    zliber@signatureassociates.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2294 Albion Street

    Toledo, OH 43606

    Listing ID: 225632
    2294 Albion Street Toledo, OH 43606 | for Sale | Photo 1
    Building Size: 39,335 SF
    Lot Size: 0.780 AC
    Land Size: 33,976 SF
    Building $/SF: $3.18
    Land $/SF: $3.68
    Price
    $125,000
    Description

    • Great opportunity for multi-family redevelopment with first floor office or commercial space.

    • Building needs major renovations but has good bones and most utilities remain in place.

    • First floor and rear building, most recently used as a resale shop/antique shop.

    • Half of the apartment units just need minor updates, but some units require major rehab.

    • Possible uses – would make a nice group home for transitional housing or a recovery center.

    • Various floorplans and configurations are a possibility.

    • Rear building has an inoperable freight elevator.

    • Open concrete porch in rear needs to be replaced.

    • Roof needs some repairs but has held up relatively well.

    • All offers will be subject to Lucas County Land Bank approval and proof of funds will be necessary.

    • Waiver of liability will be required to show.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Toledo History of Multifamily Housing for Sale

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    Toledo Area Market Trends

    Listing Demographics for 2294 Albion Street Toledo, OH 43606

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population10,545119,311251,415
    Population Median Age393537
    Population by Age0-9 Yrs1227 (11%)16041 (13%)33808 (13%)
    10-19 Yrs1531 (14%)18858 (15%)34155 (13%)
    20-29 Yrs1407 (13%)20557 (17%)40254 (16%)
    30-39 Yrs1156 (10%)15322 (12%)32545 (12%)
    40-49 Yrs1449 (13%)13964 (11%)29672 (11%)
    50-59 Yrs1502 (14%)14442 (12%)32320 (12%)
    60-69 Yrs1261 (11%)11597 (9%)27105 (10%)
    70+ Yrs1013 (9%)8529 (7%)21557 (8%)
    Median HH Income$26,838$34,412$38,173
    Total Household Income< 24K2167 (47%)18695 (38%)36208 (34%)
    25-49K1076 (23%)12925 (26%)27628 (26%)
    50-74K497 (10%)7627 (15%)17245 (16%)
    75-99K401 (8%)4683 (9%)10269 (9%)
    100-199K317 (6%)4161 (8%)11872 (11%)
    200K+105 (2%)670 (1%)1836 (1%)
    Highest Education LevelNo Diploma13351187923478
    Diploma or GED23262371454066
    Some College16341788939945
    Assoc. Degree563635315832
    Bachelors Degree884889919871
    Higher Degree402524211184
    Total Housing Units6,48160,574123,902
    --Owner-Occupied2,27822,97654,546
    --Renter-Occupied2,28425,78550,512
    Owner-Occupied Values< 100K17161739634455
    100-199K405422815404
    200-299K657332428
    300-399K28272868
    400-499K27161387
    500K+381861003
    Total Working Age Population8,47792,994197,834
    In Work Force4,71357,555122,339
    Not In Work Force3,76435,44075,495
    Workforce Employed3,99551,038110,581
    Workforce Unemployed7186,47211,635
    Civlian Workforce4,71357,510122,216
    Military Workforce044123
    Total Households4,56248,761105,058
    Family Households2,49526,46758,747
    Non-Family Households2,06722,29446,311
    Married Couple1,09312,57331,999
    Other Family1,40113,89526,748
    Married w/Child3274,63711,531
    Single Male w/Child1401,7193,793
    Single Female w/Child6826,57912,180

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Monroe County145,945+4152,021-2149,610+2153,038
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Lucas County455,054-3441,815-3430,450-2420,080
    Wood County121,065+4125,488+4130,870+3134,280

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2294 Albion Street in Toledo?
    The asking price for 2294 Albion Street is $125,000
    What is the building size of this Multifamily property in Toledo, OH?
    The size of the building/unit at 2294 Albion Street in Toledo is 39,335 square feet
    How much land does the Toledo, OH property at 2294 Albion Street include?
    2294 Albion Street in Toledo includes 0.780 acres of land
    What is the population within 1 mile of 2294 Albion Street in Toledo?
    The population within 1 mile of 2294 Albion Street Toledo, OH 43606 is 10,545 people.
    Who do I contact for questions about 2294 Albion Street?
    You should contact the listing agent, Zack Liber, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Toledo Express Airport (TOL) 13
    Detroit Metropolitan Wayne County Airport (DTW) 39
    Cleveland Hopkins International Airport (CLE) 91