840 N Summit Street, Toledo, OH 43604 (MLS# 10012817)

840 N Summit Street, Toledo, OH 43604

$235,000

Property Type: Commercial Sale Lot Size (sq. ft.): 10,467 Status: Active

Current Price: $235,000 List Date: 9/01/2026 Last Modified: 9/02/2026

Overview

Description

Commercial corner opportunity in Toledo's historic Vistula District! Located at N. Summit St. & Locust St., directly across from the Ostrich Towne redevelopment, this property offers approximately 4,213 SF across two buildings on approximately .24 acre, per public records. Currently owner-occupied and configured for restaurant use with existing kitchen, hood, dining and service areas. 10-CM Mixed Commercial-Residential zoning offers potential for continued restaurant use, owner-user occupancy, adaptive reuse or redevelopment, subject to buyer verification and approvals. On-site parking, city water and sewer. Real estate offered for sale; restaurant FF&E available separately/negotiable. Property may be eligible for the City of Toledo Commercial and Industrial Tax Abatement program; buyer to independently investigate eligibility and benefits. Convenient access to downtown Toledo and the growing Summit Street corridor.

Listing Details MLS# 10012817

Listing Information

Comp Sale YN: No
Property Sub Type: Mixed Use

Status Change Information

Status Change Timestamp: 2026-09-01
Delayed Marketing: No

Address

Street Number: 840
Street Direction Prefix: N
Street Name: Summit
Street Suffix: Street
County: Lucas
State: OH
Postal Code: 43604
Postal Code +4: 1848
Parcel Number: 15-42587

Contract

Named Exceptions YN: No
Original List Price: 235000
Listing Contract Date: 2026-09-01
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 55.78

Interior

Building Area Total: 4213
Building Area Source: Public Records
Basement YN: No

Building

Number Of Buildings: 2
New Construction YN: No
Year Built: 1941
Year Built Source: Public Records
Stories Total: Yes
Accessibility Features YN: Yes

More Information

Lot

Lot Size Acres: 0.2403
Lot Size Square Feet: 10467
Waterfront YN: No

Remarks

Public Remarks: Commercial corner opportunity in Toledo's historic Vistula District! Located at N. Summit St. & Locust St., directly across from the Ostrich Towne redevelopment, this property offers approximately 4,213 SF across two buildings on approximately .24 acre, per public records. Currently owner-occupied and configured for restaurant use with existing kitchen, hood, dining and service areas. 10-CM Mixed Commercial-Residential zoning offers potential for continued restaurant use, owner-user occupancy, adaptive reuse or redevelopment, subject to buyer verification and approvals. On-site parking, city water and sewer. Real estate offered for sale; restaurant FF&E available separately/negotiable. Property may be eligible for the City of Toledo Commercial and Industrial Tax Abatement program; buyer to independently investigate eligibility and benefits. Convenient access to downtown Toledo and the growing Summit Street corridor.
Interior/Exterior - Video/Audio Equipment: No

Building and Property Details

Prefabricated Construction: No

Showing Information

Showing Instructions: Showings preferred Monday-Wednesday while business is closed. 24-hour notice required. Appointment only. Thursday-Sunday showings require seller approval. Please text listing agent (567) 868-5896 or submit showing request through scheduling link. Appointment is not confirmed until approved. Do not approach owner, employees or customers. Proof of funds or lender preapproval required prior to showing.

Tax & Legal

6 Months General Tax: 1761.92
6 Months Special Assessment Tax: 538.74
6 Months Total Tax: 2300.66
Tax Year: 2026
Tax Legal Description: Vistula Lots 94-96
Zoning: 10-CM Mixed C/R
Directions: Summit North of Cherry
Auction YN: No

Utilities

Electricity Connected: Yes
Internet Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes
WiFi Available: Yes
Other: Yes

Accessibility Features

Accessible Common Area: Yes
Accessible Entrance: Yes

Construction Materials

Brick: Yes
Stone: Yes
Other: Yes

Cooling

Window Unit(s): Yes

Disclosures

None: Yes

Flooring

Tile: Yes

Foundation Details

Slab: Yes

Heating

Baseboard: Yes
Forced Air: Yes
Natural Gas: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Location of Property

Corner Lot: Yes

Parking Features

Parking Lot: Yes

Possession

Negotiable: Yes

Roof

Flat: Yes
Shingle: Yes

Sewer

Sanitary Sewer: Yes
Storm Sewer: Yes

Water Heater

Gas: Yes

Water Source

Public: Yes

Lease Term Options

None: Yes

Owner Pays

All Utilities: Yes
Insurance: Yes
Lawn Care: Yes
Taxes: Yes
Other: Yes

Tenant Pays

None: Yes

Building Features

Restaurant: Yes

Business Type

Restaurant: Yes

Licenses Required

None: Yes

Sale Includes

Building: Yes
Land: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
See Remarks: Yes

Property Features

Utilities: Electricity Connected; Internet Connected; Natural Gas Connected; Sewer Connected; Water Connected; WiFi Available; Other; Electricity Connected; Internet Connected; Natural Gas Connected; Sewer Connected; Water Connected; WiFi Available; Other Accessibility Features: Accessible Common Area; Accessible Entrance Building Features: Restaurant Business Type: Restaurant Construction Materials: Brick; Stone; Other Cooling: Window Unit(s) Disclosures: None Flooring: Tile Foundation Details: Slab Heating: Baseboard; Forced Air; Natural Gas Lease Term Options: None Licenses Required: None Listing Terms: Cash; Conventional; Other Location of Property: Corner Lot Owner Pays: All Utilities; Insurance; Lawn Care; Taxes; Other Parking Features: Parking Lot Possession: Negotiable Roof: Flat; Shingle Sale Includes: Building; Land Sewer: Sanitary Sewer; Storm Sewer Tenant Pays: None Water Heater: Gas Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; See Remarks

Listing Office: LPG Realty

Last Updated: September - 02 - 2026

Broker Attribution: 567-868-5896