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    1320 Madison Ave Toledo, OH 43604

    Sponsored
    For Sale
    $180,000

    Prime Location, Many Upgrades, Leaseback Possible

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional three-story building presents a rare investment opportunity in the vibrant heart of downtown Toledo, Ohio. Situated on a 0.11-acre lot at 1320 Madison Avenue, Unit 1320, this property boasts numerous recent upgrades, making it an attractive proposition for a variety of uses. The building's prime location offers excellent visibility and accessibility, placing it within easy reach of local amenities, businesses, and transportation networks. The asking price of $180,000 reflects a compelling value for a property of this caliber in this desirable area. The current configuration allows for a potential leaseback arrangement, providing a steady income stream for the new owner. This presents a unique chance to acquire a well-maintained, upgraded building with immediate income potential in a thriving urban setting. Serious inquiries are encouraged to explore this exciting opportunity further and to discuss the specifics of the leaseback option. The property's size is not specified in the provided information, but its three-story structure and central location suggest significant potential for various commercial ventures. This is a turnkey opportunity for an astute investor seeking a strong return on investment in a dynamic downtown Toledo location. Don't miss this chance to own a piece of Toledo's thriving commercial landscape.

    Property Features for 1320 Madison Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1912
    Property Profile Location Intelligence

    Current Use by Public Records

    Gateway Youth Development ... Non-Profit Organization Gateway Development Center, ... Recreation Center

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Law Firm Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.54353
    Latitude
    41.65577

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Many Upgrades, Leaseback Possible
    Where is this commercial real estate located?
    The property is located at 1320 Madison Ave Toledo, OH.
    What is the asking price?
    The asking price for this property is $180,000.
    (419) 855-5051
    Request Owner's contact information
    1320 Madison Ave Toledo, OH 43604
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    Toledo, OH 43604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1320 Madison Ave Toledo, OH 43604
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