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Multifloor Office Building with Separate Metering
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241 N Superior St, Toledo, OH 43604

Office building with terrazzo finishes, separately metered floors, and recent system and window updates.

Property Size12,600 SF
Price / SF$0.00
Days on Market146

Property Features for 241 N Superior St

General Information

Standard status Active
Size 12,600 SF
Property subtype Office
Zoning CD

Additional Details

Opportunity Zone Yes

Building Details

Building Size 12,600 SF
Listing Agency: Signature Associates - Toledo
Listed By: Megan Malczewski
Source: Cpix.resimplifi
Added: Apr 22 Changed: Aug 7 Last Checked: Sep 14 at 5:31AM

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

Investment Insights

Based on property information with market context.

This office building features terrazzo floors and a terrazzo stairwell at the first-floor entry. Each floor is separately metered for gas and electric, supporting independent building utility management. Handicap accessible entry with automatic doors is provided, and the property includes a hydraulic elevator suspension with $50,000 invested. Major renovations include a dedicated first-floor electric heating and cooling system located in the ceiling, newly updated front and side windows on the second and third floors, and newer third-floor restrooms.

The property is located at 241 N Superior St and is the immediate neighbor to the Huntington Center. It is surrounded by parking garages, surface lots, and street parking, which can support day-to-day access for occupants and visitors.

For buyers evaluating current performance, the provided remarks state total net income after all expenses is approximately $85,000 with total operating expenses of approximately $32,000, and an income and expense statement is available with an acceptable Letter of Intent and/or Purchase Agreement. The property is also identified as being in a Qualified Opportunity Zone, which may be relevant to qualified investor planning. The recent updates to mechanical systems, windows, and restrooms can help reduce near-term building capex considerations for an office operator or owner-occupant.

Key Highlights

  • Total net income after all expenses is approximately $85,000; operating expenses are approx. $32,000
  • Each floor is separately metered for gas and electric
  • First‑floor entry terrazzo floors and stairwell

Property Analytics

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Current Use

Law Office of Lorin ... Law Firm Law Offices of Casey ... Law Firm Balin Law, LLC Law Firm Wellcare Medical Services, ... Medical Clinic OMNI Medical Doctors Medical Clinic

Suggested Use

Top Pick Locksmith Acupuncture Catering Service (Bike/Boat/Book/etc) Store Skin Care Clinic Wine and Liquor Store

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

Location Intelligence

Trade Area within ½ mile

2,826
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 - Office building with terrazzo finishes, separately metered floors, and recent system and window updates.
Where is this office building located?
The property is located at 241 N Superior St Toledo, OH.
What are key features of this property?
This property features: Total net income after all expenses is approximately $85,000; operating expenses are approx. $32,000; Each floor is separately metered for gas and electric; First‑floor entry terrazzo floors and stairwell
More about this property
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