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    425 Jefferson Ave Toledo, OH 43604

    For Lease
    $11 SF/Yr

    Historic Toledo Office Space, 12 Suites Available

    Lot size:
    175,212 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    The Secor Building, a 175,212 square foot creative office space located at 425 Jefferson Avenue in Toledo, Ohio, presents a unique investment opportunity. Built in 1908 and situated on a 0.47-acre lot in Lucas County (zip code 43604), this property boasts a prime downtown location within an Opportunity Zone. Currently offering 12 available spaces totaling 165,600 square feet, the building is listed on the National Register of Historic Places, making it eligible for the Ohio Historic Preservation Tax Credit Program. Its strategic location offers unparalleled connectivity, with direct access to the Port Lawrence Parking Garage and the SeaGate Convention Centre. It's also a half block from Fifth Third Field, adjacent to the Huntington Center, and across N Superior Street from the Commodore Perry Apartments. The building features an on-site, four-star Registry Bistro restaurant and bar, and shares its address with notable tenants such as the Toledo Opera. The Secor Building offers significant potential for conversion to mixed-use apartments. Detailed financial information and current rent rolls are available upon request for qualified parties.

    Property Features for 425 Jefferson Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    175,212 SF
    Total Rate
    160611

    Building Details

    Year Built
    1908

    Unit(s) available at that property

    Space
    Various (200 SF - 165,600 SF)
    Size
    165,600 SF
    Rate per SF
    $18

    HighLights

    • 175,212 SF creative office building in downtown Toledo, OH.
    • Located in an Opportunity Zone on a 0.47‑acre lot.
    • 165,600 SF currently available in 12 spaces.
    • Listed on the National Register of Historic Places, eligible for Ohio Historic Preservation Tax Credits.
    • Prime downtown location with proximity to parking, convention center, and entertainment venues.
    • Features an on‑site restaurant and bar.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Go Get It ... Audio Visual Consultant Attorney Sara J. ... Attorney Jennifer Rayoum - Key ... Real Estate Consultant Toledo Opera Guild Barber Shop AJ Archery & AJ ... Archery Range

    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
    -83.5365024
    Latitude
    41.6495515

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    FAQs

    What type of property is this?
    Office space - Historic Toledo Office Space, 12 Suites Available
    Where is this office space located?
    The property is located at 425 Jefferson Ave Toledo, OH.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 175,212 SF creative office building in downtown Toledo, OH.; Located in an Opportunity Zone on a 0.47-acre lot.; 165,600 SF currently available in 12 spaces.
    Request Owner's contact information
    425 Jefferson Ave Toledo, OH 43604
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    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
    425 Jefferson Ave Toledo, OH 43604
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