For Lease: Commercial Land on Cherry St – Prime Urban Location in Toledo, OH Available now – a strategically located commercial parcel at 1616 Cherry St, Toledo, OH 43608, offering outstanding visibility and access in a revitalizing urban corridor. This site is well-positioned along Cherry Street, a major arterial road that connects Downtown Toledo to the city’s northern neighborhoods, making it an ideal location for QSR, convenience retail, medical, office, or service-based uses. Located just minutes from Downtown Toledo, the ProMedica Health System campus, and Mercy Health – St. Vincent Medical Center, this property sits in an area that benefits from high daytime traffic, strong workforce presence, and ongoing redevelopment. The site is also in close proximity to the Toledo Museum of Art, Fifth Third Field, and the new Glass City Riverwalk, which are key drivers of foot traffic and economic activity in the region. Key Highlights: •Excellent visibility and frontage along Cherry St •Close proximity to major institutions: St. Vincent Medical Center, ProMedica HQ, and local government buildings •Minutes from Downtown Toledo, the Warehouse District, and entertainment venues •Located within an area targeted for economic development and infrastructure improvements •Ideal for drive-thru, small format retail, urgent care, or food service concepts •Zoned for commercial use with flexible build-to-suit or ground lease options This is a rare opportunity to establish your business in a high-traffic, high-potential area poised for long-term growth and reinvestment. Rate SF/Yr: $1.07. CAM SqFt: n/a RE Taxes Yr: $3,770.00. RE Taxes Mo: $314.17. Annual Rent: $41,057.36. Monthly Rent: $3,421.45