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Office Building with 18-Space Parking
For Lease
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626 Madison Ave, Toledo, OH 43604

Office building with private 18-space surface parking lot and recent renovations to building systems and elevators.

Space Size2,000 SF
Days on Market70

Property Features for 626 Madison Ave

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 18
Property subtype OFFICE

Spaces For Lease

at 626 Madison Ave Contact us

626 Madison Ave $13.50/SF/Yr

Size
2,000 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
Property Highlights FIRST TIME OFFERED FOR SALE! Incredible Redevelopment Opportunity Private...
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Listing Agency: NAI Harmon Group
Listed By: Stephanie Kuhlman · License ##SAL.2012001174
Source: Moodyscre
Added: Jul 10 Changed: Sep 10 Last Checked: Sep 16 at 7:44PM

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

Investment Insights

Based on property information with market context.

This office building features a private 18-space surface parking lot. Significant renovations have been completed to building systems and elevators, and the windows open for fresh air.

The property offers panoramic views of downtown Toledo and is close to the courthouse and federal buildings, as well as Huntington Center and Fifth Third Field (Mud Hens Stadium).

Positioned for a range of office uses, the building’s updated core systems and airable windows support continued occupancy while providing a redevelopment-minded option for future plans.

Key Highlights

  • Office building with a private 18‑space surface parking lot
  • Significant renovations to building systems and elevators
  • Windows open for fresh air

Property Analytics

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Current Use

Sharfman & Cohen Law Firm A1 Insurance Services ... Insurance Agency Williams DeClark Tuschman ... Law Firm Moran & Moran Law Firm The Antonini Law Office 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
$2.03 /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 8% 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building with private 18-space surface parking lot and recent renovations to building systems and elevators.
Where is this office building located?
The property is located at 626 Madison Ave Toledo, OH.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Office building with a private 18‑space surface parking lot; Significant renovations to building systems and elevators; Windows open for fresh air
(419) 351-1146 Call to check price and availability
More about this property
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