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Historic Mixed-Use Conversion Opportunity
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425 Jefferson Ave, Toledo, OH 43604

Historic office building with on-site Registry Bistro restaurant and bar, connected to Port Lawrence Parking Garage.

Property Size175,212 SF
Price / SF$19.41
Days on Market747

Property Features for 425 Jefferson Ave

General Information

Standard status Active
Size 175,212 SF
Property subtype OFFICE

Additional Details

Opportunity Zone Yes

Amenities

on-site restaurant and bar
Port Lawrence Parking Garage
SeaGate Convention Centre

Building Details

Tenancy Multi
Listing Agency: Reichle | Klein Group
Listed By: Ryan Miller · License #2011003129
Source: Moodyscre
Added: Aug 29, 2024 Changed: Sep 2 Last Checked: Sep 13 at 9:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reichle | Klein Group

Investment Insights

Based on property information with market context.

Located in the historic heart of Toledo, this National Register of Historic Places-eligible building offers office space with conversion potential to mixed-use apartments. The property also includes an on-site Registry Bistro restaurant and bar.

The building is connected to the Port Lawrence Parking Garage and the SeaGate Convention Centre. It sits about half a block from Fifth Third Field and next to Huntington Center, with Commodore Perry Apartments across N Superior Street.

For sale. The current rent roll and financials are available upon qualified request, and the building’s historic status may qualify for the Ohio Historic Preservation Tax Credit Program.

Key Highlights

  • Historic office building in Toledo’s historic core and located in an Opportunity Zone
  • Building is on the National Register of Historic Places and may qualify for the Ohio Historic Preservation Tax Credit Program
  • Connected to the Port Lawrence Parking Garage and the SeaGate Convention Centre

Property Analytics

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Current Use

Go Get It ... IT Consulting Firm Attorney Sara J. ... Law Firm Jennifer Rayoum - Key ... Real Estate Agency Toledo Opera Guild Barber Shop AJ Archery & AJ ... Sports Field & Court

Suggested Use

Top Pick Locksmith Catering Service Acupuncture (Bike/Boat/Book/etc) Store Pet Grooming Service Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,742
Businesses Nearby

Demographics for 43604, OH

9,248
Population
5,868
Households
1.6
Avg Household Size
35
Median Age
16%
College-Educated
79%
High-School Grad
2.8 sq mi
ZIP Area
3,303
Density / Sq Mi
$18,980
Median Household Income
$27,457
Median Earnings
$499
Median Rent
$59,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Historic office building with on-site Registry Bistro restaurant and bar, connected to Port Lawrence Parking Garage.
Where is this office building located?
The property is located at 425 Jefferson Ave Toledo, OH.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Historic office building in Toledo’s historic core and located in an Opportunity Zone; Building is on the National Register of Historic Places and may qualify for the Ohio Historic Preservation Tax Credit Program; Connected to the Port Lawrence Parking Garage and the SeaGate Convention Centre
(419) 794-3961 Call to check price and availability
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