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    3003 Nautical Lane
    5071 Magnolia Drive
    217 Willow Way
    530 Sophia , Maumee, OH 43537
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    4. 530 Sophia , Maumee, OH 43537
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    • MLS#: 6125067 ( CommercialSale )
    • Street Address: 530 Sophia
    • Viewed: 5
    • Price: $120,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1951
    • Bldg sqft: 0
    • Days On Market: 165
    • Additional Information
    • Geolocation: 41.5628 / -83.6538
    • County: LUCAS
    • City: Maumee
    • Zipcode: 43537
    • Provided by: Miller Diversified Realty, LLC
    • Toledo Board of REALTORS®
    • DMCA Notice
    • Description
      Nice 7.75% CAP Rate in a solid Commercial Investment in Maumee. Tenant is in 3rd yr. of a 5 yr. lease that runs through 4/1/2028. Current base rent is $9,300 per year, then bumps to $9,600 per yr. for last 2 yrs, beginning in 2026. Two 5 yr options to renew w/ CPI increase. TENANT RESPONSIBILITIES; RE taxes (Tenant reimburses landlord),property Insurance, all utilities, security, trash, janitorial & Common Area Maintenance. LANDLORD RESPONSIBILITIES; RE Tax payments (reimbursed by Tenant), foundation, ext. walls,glass,windows,doors,HVAC system,general elect. system,plumbing, ext.paint & roof.
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    Property Location and Similar Properties
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    Similar
    Features
    Possible Terms
    1. Cash
    2. Conventional
    Appliances
    1. ElectricWaterHeater
    Home Owners Association Fee
    1. 0.00
    Basement
    1. CrawlSpace
    Carport Spaces
    1. 0.00
    Close Date
    1. 0000-00-00
    Cooling
    1. CentralAir
    Covered Spaces
    1. 0.00
    Current Use
    1. Investment
    Flooring
    1. Other
    Garage Spaces
    1. 0.00
    Heating
    1. Electric
    2. ForcedAir
    3. NaturalGas
    Inclusions
    1. Real Estate
    Insurance Expense
    1. 0.00
    Levels
    1. One
    Living Area
    1. 0.00
    Net Operating Income
    1. 0.00
    Occupant Type
    1. Tenant
    Open Parking Spaces
    1. 0.00
    Other Expense
    1. 0.00
    Owner Pays
    1. CommonAreaMaintenance
    2. Other
    Parcel Number
    1. 3611821
    Parking Features
    1. FourOrMoreSpaces
    2. ParkingLot
    3. ParkingSpaces
    Pet Deposit
    1. 0.00
    Possession
    1. SubjectToTenantRights
    Property Type
    1. CommercialSale
    Roof
    1. Asphalt
    2. Shingle
    Security Deposit
    1. 0.00
    Sewer
    1. Sanitary
    2. StormSewer
    Tenant Pays
    1. Electricity
    2. Gas
    3. Insurance
    4. MinorInteriorMaintenance
    5. Sewer
    6. Taxes
    7. TrashCollection
    8. Water
    The Range
    1. 0.00
    Trash Expense
    1. 0.00
    Virtual Tour Url
    1. https://www.propertypanorama.com/instaview/toledo/6125067
    Water Source
    1. Public
    Year Built
    1. 1951
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    1. Oak Valley Realtors
    2. 419.826.6000
    3. 100rlp83@gmail.com