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    500 Madison Ave Toledo, OH 43604

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    For Lease
    $12 SF/Yr

    Move-in ready suites in the heart of Toledo's Central Business District.

    Property size:
    56,900 SF
    Lot size:
    56,900 SF

    Property Features for 500 Madison Ave

    General Information

    Size
    56,900 SF

    Building Details

    Year built
    1893

    Source: Brian Downey Agent Brian Downey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Toledo Office Space Available

    This 56,900 square foot building offers several move-in ready suites, ranging in size from 625 to 5,100 square feet, available for lease. The Downtown Commercial zoning allows for a variety of uses. It is centrally situated in the heart of the Central Business District and the Downtown Toledo DORA (Designated Outdoor Refreshment Area), located on the corner of Madison Avenue and N. Superior Street. The property is across Madison Avenue from the Huntington Center, two blocks from ProMedica Headquarters, and within walking distance to Promenade Park, the Warehouse District, Fifth Third Field, the newly renovated Glass City Center, and numerous restaurants, retail establishments, apartments, and hotels. On-street parking is available, as well as parking in the Superior and Port Lawrence Garages, both located within a block. The property is located along a bus route. A local artist gallery is currently being curated on the lower level. The building is situated near The Four Corners Project and within a Community Reinvestment Area. Floor plans are available upon request.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nick's Barber Shop Barber Shop Gardner Building Corporate Office Dzienny Law Office ... Attorney Home | My Site ... Mental Health Clinic Charlie's Angels HHC Home Health Care Service

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Law Firm Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.5359541
    Latitude
    41.6520403

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    FAQs

    What type of property is this?
    Office building - Move-in ready suites in the heart of Toledo's Central Business District.
    Where is this office building located?
    The property is located at 500 Madison Ave Toledo, OH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Move-in ready suites available, ranging from 625 SF - 5,100 SF.; - Prime location in the heart of the Downtown Toledo DORA and Central Business District.; - Downtown Commercial zoning allows for a variety of uses.
    (419) 466-6690
    Request Owner's contact information
    500 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
    500 Madison Ave Toledo, OH 43604
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