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    701 Adams St Toledo, OH 43604

    Sponsored
    For Sale
    Contact for pricing

    Iconic 11-story office building, 200,900 SF

    Property size:
    200,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11-story, Class B office building, located at 701 Adams Street in Toledo, Ohio, presents a unique investment opportunity. Boasting 200,900 square feet of space, this landmark building, constructed in 1976 (main building) and 1979 (annex), underwent renovations in 2001. The property sits on a 1.65-acre lot and is zoned for Downtown Commercial use. The main building (701 Adams Street) is currently fully vacant, offering significant potential for redevelopment or repositioning. An attached garage provides convenient parking. The adjacent annex building (711 Adams Street) is currently occupied. This prime location offers excellent visibility and accessibility, situated directly across Adams Street from the Lucas County Courthouse. Its central location places it within walking distance of numerous downtown restaurants and just two blocks from the downtown library. Furthermore, its proximity to I-75 (four blocks away) ensures easy access to major transportation routes. The efficient floor plates in the core of the main building, coupled with a conference center in the annex building, provide versatile options for future tenants. The property's size and location make it an ideal candidate for mixed-use conversion, capitalizing on the growing demand for diverse commercial spaces in the Toledo CBD.

    Property Features for 701 Adams St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    200,900 SF
    Class
    B
    Lot Size
    71,874 SF

    Building Details

    Year Built/Renovated
    1976/2001
    Stories
    11

    HighLights

    • 11‑story Lucas County‑owned office building with attached parking garage.
    • Ideal for mixed‑use redevelopment.
    • Efficient floor plates in the central core.
    • On‑site conference center in adjacent annex building.
    • Main building (701 Adams) is vacant; annex (711 Adams) is occupied.
    • Across Adams Street from the Lucas County Courthouse.
    Property Profile Location Intelligence

    Current Use by Public Records

    NFP Benefit Alliance Health Insurance Agency EMDR Therapy Center Corporate Office

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.5374304
    Latitude
    41.6538698

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    FAQs

    What type of property is this?
    Office Property / Space - Iconic 11-story office building, 200,900 SF
    Where is this office property / space located?
    The property is located at 701 Adams St Toledo, OH.
    What are key features of this property?
    This property features: 11-story Lucas County-owned office building with attached parking garage.; Ideal for mixed-use redevelopment.; Efficient floor plates in the central core.
    Request Owner's contact information
    701 Adams St 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
    701 Adams St Toledo, OH 43604
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