421ft Frontage on 2 Adjacent Corners Land FOR SALE


Sylvania, OH 16,910 SF
$2,367,000 USD
419-517-6069
, Sylvania, OH for Sale
$2,367,000 USD
Land - FOR SALE
1/13

421ft Frontage on 2 Adjacent Corners
Sylvania, OH


HIGHLIGHTS

  • 421ft combined Frontage! Never before offered 2 ADJACENT CORNER PARCELS Downtown Sylvania, OH - Gateway into Downtown from Michigan. "City Block" end
  • Wall Street Journal rates Toledo #1 in housing market April 2025 out of the largest 200 metropolitan areas in the United States. #4 in August 2025
  • NEW road installed on Summit Street!!! Brand NEW all redone 3/4 mile from Monroe St. to Michigan border on Summit St. November 2025
  • $30 MILLION DOLLAR ODOT US-23 / Monroe Street Highway interchange improvement project in progress 1 mile away - see photos in gallery
  • $6.4 BILLION Gordie Howe bridge opening soon; one hour away, will change the entire region's business/infrastructure.

OVERVIEW

Downtown Sylvania "City Block" 2 Adjacent corners with an unprecedented 421ft of Commercial frontage! Full block frontage in the #1 ranked U.S. Real Estate Market (Toledo MSA) with active TIF incentives and 70’ height potential. Investment Highlights • Unrivaled Visibility: A contiguous "city block" featuring 421 linear feet of frontage along Summit, Erie, and Main Street. • Maximum Density: Flexible B-3 Central Business District zoning permits 60' structures (potentially 70'+ with penthouses), ideal for luxury multi-family or high-end mixed-use with Commercial Bar, Restaurant, or Retail on Ground floor with residential above. • Ready-to-Go Incentives: Active Tax Increment Financing (TIF) program in place; City of Sylvania is actively seeking a visionary development partner for this "Downtown Anchor." • Top-Tier Market Growth: Toledo MSA ranked #1 in the U.S. by Wall Street Journal (April 2025) and CNBC (January 2026) for investment potential and housing market strength. • Massive Infrastructure Tailwinds: Immediate proximity to a $30 MILLION US-23 interchange upgrade(August 2026 completion date) and a $2 MILLION Downtown Main Street revitalization (Phase 2 completing July 2026). • 1 mile away is the Ohio & Michigan Border ideal for many potential developments. Ideal for many major corporations. Stellantis and Toyota have thousands of vehicles at the nearby old Dana test track. Ideal location for an Auto related corporation Headquarters. • 1 mile away in Ottawa Lake, Michigan is many hundreds of acres of land and an untapped area ready for development. • Broker Incentive: 5% Commission to Buyer’s Agent. Property Overview This is a rare opportunity to acquire a strategic gateway site at the terminus of Sylvania’s vibrant two-block downtown core. Composed of two adjacent corner parcels, the site offers the scale necessary for a landmark destination. The Opportunity: • Luxury Multi-Family: Capitalize on an affluent demographic (Median HH Income: $104,845) and a residential market where listings currently average under 14 days on market. • Parcels are within a 6 acre space that is a Prime Development Opportunity - see attached documents for more details. • Assemblage Potential: Opportunity to acquire two additional adjacent parcels to the south, unlocking a total site area of over 1.0 acre (approx. 310' x 150') for large-scale development with underground parking. • Recent new nearby active listings as of 3-31-26: five nearby parcels are also for sale in the same B-3 zone further maximizing potential development opportunities. • Recently renovated office space is ready to market your upscale living/commercial development plans. Location & Economic Drivers Sylvania is a premier affluent suburb of Toledo, Ohio ("The Glass City"), serving as a nexus between major Midwest hubs (Ann Arbor, Chicago, Cleveland, Columbus, Dayton, Detroit). Regional Economic Catalysts: • Meta Data Center: An $800 MILLION investment in nearby Bowling Green, driving high-income housing demand. • Logistics Powerhouse: The $6.4 BILLION Gordie Howe International Bridge (opening Fall 2025) reshapes regional trade, positioned just 60 minutes from the site. • Corporate Neighbors in Toledo Greater Metro: Headquarters and major operations for Jeep/Stellantis, Dana, Owens-Corning, Libbey Glass, ProMedica, and Barry Bagels. • Community-Oriented: Proximity to Plummer Park, a public pool, and excellent city services (Police & Fire Departments, Library). • Rich Cultural & Recreational Scene: Easy access to the #1 Rated Toledo Museum of Art, #1 Rated Toledo Zoo, and the renowned Toledo Metro Parks system. Highland Meadows Golf Country Club is 1 mile away. • New Infrastructure: November 2025 - BRAND NEW ROAD - Summit Street from Monroe St. to the Michigan border, 3/4 of a mile is all newly installed which significantly enhances site access and curb appeal. Walkable Amenities: The site is steps from Sylvania’s "Restaurant Row," featuring The Dallas Taproom, J & G Pizza Palace, Chandler Cafe, Inside the Five, and the upcoming Mancy’s restaurant at the old Element 112, and a new Whiskey Bar on Main. Practical amenities like Sautter’s Grocery, The Sylvania Library, and Plummer Park are within a 2-block radius. Downtown Sylvania hosts many walkable market events, art festivals, concerts, etc throughout the year. Nearby businesses, franchises etc: Krogers, Burger King, Little Caesars, Taco Bell, McDonalds, Tony Packos, Ace Hardware, Speedway, Jimmy Johns, Wendy’s, Marcos Pizza, Tim Hortons, Dunkin’ Donuts, Caio!, Frickers, Bambinos, Subway, Wyndham Hotel, are all within about 2 miles from subject property. Sheetz is heavily investing in Northwest Ohio with more locations actively opening/under construction. Raising Cane's and Culvers are also popping up all over Northwest, OH. Technical Specifications • Zoning: B-3 (Central Business District) • Frontage: 421' (Summit/Erie/Main) • Max Height: 60'–70'+ (per recent zoning adjustments) • Utilities: Fiber Optic, City Water/Sewer, and recently upgraded Gas lines on-site. • Traffic/Access: 1 mile to US-23/Monroe St Interchange which is currently undergoing a $30 MILLION dollar improvement project. A Note on Commission The seller offers a 5% commission to the buyer’s agent (100/0 split). Seller’s agent requires no compensation from this side of the transaction, maximizing the incentive for buy-side representation.

ASK ABOUT THIS PROPERTY

Erik RussellConvoluted LogisticsMore Info
419-517-6069

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Erik RussellConvoluted LogisticsMore Info
419-517-6069

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