Search
Downtown Mixed-Use Retail and Restaurant
For Sale
$699,000

901 Madison Ave, Toledo, OH 43604

24,656 SF building includes first-floor retail/restaurant and upper-floor shell space with roughed-in plumbing and electrical.

Property Size24,656 SF
Price / SF$28.35
Days on Market95

Property Features for 901 Madison Ave

General Information

Standard status Active
Size 24,656 SF
Total Parking Spaces 3
Property subtype Retail

Additional Details

Opportunity Zone Yes

Building Details

Year Built 1897
Stories 3
Listing Agency: SVN Ascension
Listed By: Rami Sebai · License #OH #SAL.2021006201
Source: Svn-acre
Added: Jun 2 Changed: Jul 20 Last Checked: Sep 4 at 2:55AM

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 SVN Ascension

Investment Insights

Based on property information with market context.

This 24,656 SF mixed-use building offers first-floor retail and restaurant space along with second- and third-floor shell areas for future buildout. The first floor includes a grab-and-go marketplace of 4,570 SF and a restaurant and seating area, and it also contains an additional 1,569 SF vacant retail space with a private entrance along Michigan St. The upper levels are shell space with roughed-in plumbing and electrical, supporting redevelopment plans. A basement with 6,139 SF provides storage, and the building includes three dedicated rear spaces plus ample street parking.

The property is located in downtown Toledo on a corner between the Toledo Library main branch and Hylant Insurance. It is described as highly visible, with walkable access to nearby businesses and entertainment including Huntington Center, 5/3rd Field, and the Glass City Center.

For sale. First-floor space is currently leased, and additional first-floor retail is available for lease alongside the available upper-floor shell areas and basement storage.

Key Highlights

  • 24,656 SF building in Downtown Toledo with first‑floor retail/restaurant plus second- and third‑floor shell space
  • Highly visible corner location on Michigan St & Madison Ave between the Toledo Library and Hylant Insurance
  • First floor includes 4,570 SF grab & go marketplace and restaurant with seating area (also available for sale)

Property Analytics

Current Use

La Pam Pam Restaurant UPS Access Point ... Courier Service MoneyGram Bank Amazon Hub Counter ... Courier Service Madison Market Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Building Supply Furniture & Home Goods Spa & Massage Center Nail Salon

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

2,972
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 68% Dining 32%
Shell Shops & Services
11,983 visits/mo 0.2 miles
Fricker's Dining
9,738 visits/mo 0.5 miles
Enterprise Rent-A-Car Shops & Services
2,937 visits/mo 0.3 miles
Huntington Bank Shops & Services
2,417 visits/mo 0.1 miles
Huntington Bank Shops & Services
2,388 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - 24,656 SF building includes first-floor retail/restaurant and upper-floor shell space with roughed-in plumbing and electrical.
Where is this storefront property located?
The property is located at 901 Madison Ave Toledo, OH.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 24,656 SF building in Downtown Toledo with first‑floor retail/restaurant plus second- and third‑floor shell space; Highly visible corner location on Michigan St & Madison Ave between the Toledo Library and Hylant Insurance; First floor includes 4,570 SF grab & go marketplace and restaurant with seating area (also available for sale)
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message