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Downtown Toledo Freestanding Office Building
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622 Jefferson Ave, Toledo, OH 43604

Freestanding office building in Downtown Toledo with parking available.

Property Size16,560 SF
Price / SF$36.17
Days on Market208

Property Features for 622 Jefferson Ave

General Information

Standard status Active
Size 16,560 SF
Class C
Property subtype Retail, Office, Mixed Use
Zoning CD

Building Details

Year Built 1932
Stories 3
Tenancy Multi
Listing Agency: NAI Harmon Group
Listed By: Joshua D. Payzant · License #OH SAL.2016003142
Source: Crexi
Added: Mar 26 Changed: Oct 6 Last Checked: Oct 16 at 8:37AM

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 NAI Harmon Group

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Investment Insights

Based on property information with market context.

This is an excellent freestanding office building located in Downtown Toledo. Parking is available in a lot across the street. The first floor features floor-to-ceiling woodwork, suitable for retail or office use. The second floor contains 12 private offices, a kitchenette, and a common work area. The third floor offers an open loft floorplan with exposed brick, presenting possibilities for office or residential conversion, along with 4 offices on a mezzanine level. The property includes a 5,500 square foot basement with high ceilings. The property is located in an Opportunity Zone. The property size is 16,560 square feet.

Key Highlights

  • Freestanding office building in Downtown Toledo.
  • Located in an Opportunity Zone.
  • 5,500 square foot basement with high ceilings.

Property Analytics

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Current Use

Flooring America Carpet & Flooring Store CM SR22 Insurance ... Financial Advisor Liberty Mutual Insurance Agency

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.

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
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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

Frequently Asked Questions

What type of property is this?
Office building - Freestanding office building in Downtown Toledo with parking available.
Where is this office building located?
The property is located at 622 Jefferson Ave Toledo, OH.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Freestanding office building in Downtown Toledo.; Located in an Opportunity Zone.; 5,500 square foot basement with high ceilings.
(419) 960-4410 Call to check price and availability
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