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    811 Madison Ave Toledo, OH 43604

    For Lease
    $17 SF/Yr

    Prestigious Toledo CBD executive office space

    Lot size:
    201,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This Class A, 201,600 square foot office building at 811 Madison Avenue in Toledo, Ohio's Central Business District (CBD), offers multiple tenancy options. Built in 1958, the building currently has 13,637 square feet of contiguous vacant space available, divisible to a minimum of 13,637 square feet. Located in Lucas County, this property boasts convenient access to all expressways, making it ideal for employees and clients. Amenities include a secured, free parking lot (one space per 1,500 square feet leased), a lobby guard during business hours, a first-floor market, a 15th-floor track, and a lower-level aerobics area. The building is situated one block from the Lucas County Courthouse and is surrounded by other recently renovated buildings. The building shares its location with prominent tenants including Hylant Group, Hart, Inc., and NSG Glass. Additional parking is available in nearby lots and garages, including the Kwik Park garage on Ontario Street. Some suites feature kitchenettes. The net usable square footage is 176,344 square feet (per Lucas County Auditor).

    Property Features for 811 Madison Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    201,600 SF
    Class
    A
    Total Rate
    294000

    Building Details

    Year Built
    1958

    Unit(s) available at that property

    Space
    7th Floor
    Size
    13,637 SF
    Rate per SF
    $17
    Space
    2nd Floor
    Size
    13,637 SF
    Rate per SF
    $17
    Space
    5th Floor
    Size
    3,115 SF
    Rate per SF
    $17

    HighLights

    • Exceptional Madison Avenue location with high foot traffic.
    • Prime retail space ideal for high‑end brands or flagship stores.
    • Recently renovated with modern finishes and efficient layout.
    • Strong lease terms available, offering flexibility for tenants.
    • Excellent visibility and signage opportunities for maximum brand exposure.
    • High‑performing location with proven historical occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hylant Insurance Broker Hart Inc Marketing Agency Hickory Farms Kiosk Pilkington North America ... Manufacturer Macson Agency Insurance Agency

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.5395622
    Latitude
    41.653157

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Toledo CBD executive office space
    Where is this office property / space located?
    The property is located at 811 Madison Ave Toledo, OH.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Exceptional Madison Avenue location with high foot traffic.; Prime retail space ideal for high-end brands or flagship stores.; Recently renovated with modern finishes and efficient layout.
    Request Owner's contact information
    811 Madison Ave Toledo, OH 43604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    811 Madison Ave Toledo, OH 43604
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