301-311 River Rd - Storefront Retail/Office FOR SALE


Maumee, OH 43537
$1,100,000 USD
419-249-6309
301-311 River Rd, Maumee, OH for Sale
$1,100,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

301-311 River Rd
Maumee, OH 43537


HIGHLIGHTS

  • Fully occupied investment property with retail, office, and event space components.
  • Listed on the National Register of U.S. Historical Places, reflecting architectural heritage.
  • Features include an elevator, six restrooms, sprinklers, and central air conditioning.
  • Recent improvements include a new roof, updated parking lot, and exterior restoration.
  • Located in the Uptown Commercial District with convenient access to major thoroughfares.
  • On-site parking for 40 vehicles and two curb cuts for easy ingress and egress.

OVERVIEW

This historic three-story commercial property, located at 301 River Road in Maumee, Ohio, offers a unique investment opportunity in the Uptown Commercial District. Constructed in 1836 and listed on the National Register of U.S. Historical Places, the building combines architectural heritage with modern functionality. The property spans approximately 0.47 acres and includes 40 parking spaces, two curb cuts, and updated site improvements such as a new patio and a recently painted exterior. The building is fully occupied, featuring a mix of retail and office tenants. The first floor houses a restaurant, bar, coffee shop, and full kitchen, while the third floor is leased to a national wealth advisory firm. The second floor is currently configured as an event center with seating for approximately 120 guests, offering additional income potential. Recent upgrades include a new roof (2013), tuck-pointing, and interior enhancements. With a projected 2026 net operating income of $80,134 and a gross scheduled rental income of $115,030, this property provides stable cash flow and long-term upside. Its location along River Road offers visibility and accessibility, with proximity to major routes and the Maumee River, making it a rare blend of historical significance and investment performance.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1836

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

C-3

APN/PARCEL ID

36-12801,36-12807,36-12814,36-84966,36-84972

ASK ABOUT THIS PROPERTY

Germano BressanSignature AssociatesMore Info
419-249-6309

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Germano BressanSignature AssociatesMore Info
419-249-6309

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.