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Freestanding Office Building with Loft
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202 N Erie St, Toledo, OH 43604

Freestanding downtown Toledo office building offers private offices, an open loft, and a high-ceiling basement.

Space Size16,560 SF
Days on Market722

Property Features for 202 N Erie St

General Information

Standard status Active
Size 16,560 SF
Property subtype OFFICE
Lease Type Modified Gross

Additional Details

Opportunity Zone Yes

Building Details

Stories 3

Spaces For Lease

at 202 N Erie St Contact us

622 Jefferson Ave $12/SF/Yr

Floor
Bldg
Size
16,560 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Excellent freestanding office building in Downtown Toledo. - Parking available...
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Listing Agency: Reichle | Klein Group
Listed By: Ryan Miller · License #2011003129
Source: Moodyscre
Added: Sep 26, 2024 Changed: Sep 16 Last Checked: Sep 16 at 8:46PM

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.

This freestanding office building includes multiple functional levels. The 1st floor features floor-to-ceiling woodwork and can support either retail or office use. The 2nd floor is laid out with 12 private offices, a kitchenette, and a common work area. The 3rd floor offers an open loft plan with exposed brick, described as a possible office or residential conversion, and there are four additional offices on a mezzanine level. A 5,500-square-foot basement with high ceilings provides additional flexible space.

The building is located in Downtown Toledo, with parking available in a lot across the street. The property is also identified as being located in an Opportunity Zone.

Key Highlights

  • Freestanding office building in Downtown Toledo with multiple office‑floor configurations
  • 2nd floor offers 12 private offices plus kitchenette and a common work area
  • 3rd floor features an open loft layout with exposed brick, with possible office or residential conversion

Property Analytics

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Current Use

D'Angelo & Hughes Law ... Law Firm Robert Fiedler Law ... Law Firm Steves W Jennifer Law Firm Law Offices of Dwight ... Law Firm Hughes Joshua M Law Firm

Suggested Use

Top Pick Locksmith Catering Service Acupuncture (Bike/Boat/Book/etc) Store Pet Grooming Service Skin Care Clinic

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,865
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

Lease Benchmarks for Toledo, OH

$14.63 /SF/Yr
Avg Asking Price
$12–$22 /SF/Yr
Price Range
67,707 SF
Avg Space Size

This space is priced 18% below the average of $14.63 /SF/Yr.

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 - Freestanding downtown Toledo office building offers private offices, an open loft, and a high-ceiling basement.
Where is this office building located?
The property is located at 202 N Erie St Toledo, OH.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Freestanding office building in Downtown Toledo with multiple office‑floor configurations; 2nd floor offers 12 private offices plus kitchenette and a common work area; 3rd floor features an open loft layout with exposed brick, with possible office or residential conversion
(419) 794-3961 Call to check price and availability
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