Office Building Near Fifth Third Field

136 N Huron St, Toledo, OH 43604

For Sale

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For sale downtown office building steps from Huntington Center and Fifth Third Field.

Property Size27,546 SF

Price / SF$0.00

Days on Market188

Property Features for 136 N Huron St

General Information

Standard status Active

Size 27,546 SF

Property subtype Office

Zoning CD

Lease Type NNN

Site & Location

Neighborhood Joe Marck

Building Details

Building Size 27,546 SF

Year Built 1919

Stories 4

Listing Agency: Signature Associates - Toledo

Listed By: Zachary Liber

Source: Cpix.resimplifi

Added: May 6 Changed: Aug 15 Last Checked: Jun 5 at 2:28AM

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 Signature Associates - Toledo

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Investment Insights

Based on property information with market context.

This for-sale office building at 136 N Huron St offers a downtown Toledo address and a straightforward option for office users and investors seeking a centrally positioned property. The offering is categorized as office buildings and office spaces, providing a practical platform for a range of office-oriented business needs.

The property is listed as being less than one block from Huntington Center and Fifth Third Field, and it also sits near the Warehouse District. That close-in access to prominent downtown destinations supports day-to-day convenience for staff and visitors and places the building in the middle of a well-known downtown environment.

From a tenant or buyer perspective, this location can be useful for organizations that want an office presence within walking distance of major venues and a concentrated district. The property’s confirmed proximity to Huntington Center, Fifth Third Field, and the Warehouse District makes it a compelling consideration for office operators looking to serve employees, clients, and partners who spend time downtown.

Key Highlights

Downtown office building built in 1919
Located less than one block from Huntington Center
Steps from Fifth Third Field

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$250,703

Suggested Prices Based on Cap Rates

Cap Rate 5%

$5,014,060 $5.0M

Cap Rate 7%

$3,581,471 $3.6M

Cap Rate 9%

$2,785,589 $2.8M

Market Conditions

NOI Build-Up for 27,546 SF

Gross rent

$413.2K $15.00/SF

− Vacancy

−$78.9K −$2.87/SF

EGI

$334.3K $12.14/SF

− OpEx

−$83.6K −$3.03/SF

NOI

$250.7K $9.10/SF

Area

Toledo, OH

Vacancy

19.10%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$5,014,060

Cap Rate 7%

$3,581,471

Cap Rate 9%

$2,785,589

Alternative Uses

Best Use

Office B

$3.58M

$3.13M – $4.18M (±1% cap)

NOI $250,703 @ 7.0% cap

Second Best

—

no second resolved use

Theoretical Best

Office A

$4.58M

$4.01M – $5.35M (±1% cap)

NOI $320,900 @ 7.0% cap

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Tech Pros, LLC. Computer & Electronic Repair Impact Employment Solutions Employment Agency Cousin's Medical LLC Medical Clinic The Law Offices of Norman ... Law Firm The Law Office of Norman ... Law Firm