5532 Douglas Rd Local commercial 333 m² 100 % Loué À vendre Toledo, OH 43613 261 990 € (785,96 €/m²) Taux de capitalisation 13,40 %

5532 Douglas Road presents a fully leased mixed-use investment opportunity in Toledo, Ohio. The property spans 3,588 square feet and is situated on a 0.15-acre parcel with convenient access to major thoroughfares, including W. Alexis Road and Douglas Road. Zoned Duplex Residence with Special Use Permits, the building accommodates a variety of commercial uses, enhancing its long-term investment appeal.
The two-story structure features a first-floor commercial unit and a second-floor apartment, both occupied by Milestones Development Center under five-year NNN leases with renewal options. Recent capital improvements include new flooring, a flat roof, updated HVAC system, and water heater, reducing near-term maintenance risk.
With a sale price of $299,000, the property offers a strong in-place income stream, generating a net operating income of $40,056 and a cap rate of 13.4%. Positioned just a quarter mile south of W. Alexis Road, the site benefits from excellent visibility, extended curb cut access, and traffic counts exceeding 10,000 vehicles per day on Douglas Road. This asset provides investors with stable cash flow and minimal landlord responsibilities in a growing Toledo submarket.