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    4334 Central Ave Toledo, OH 43615

    Sponsored
    For Lease
    $6,696 /Mo ($2 SF/Yr)

    Prime Toledo Office, 1,068 SF Max

    Lot size:
    34,944 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional office space, located at 4334 W Central Ave in Toledo, Ohio, offers a flexible layout with a maximum of 1,068 contiguous square feet available for lease on the second floor. The building, a Class B property totaling 34,944 square feet, underwent renovations in 2023. The space is part of the Ottawa Hills Shopping Center, a neighborhood center conveniently situated at the signalized intersection of W. Central Avenue and Talmadge Rd, two major Toledo thoroughfares with ample turning lanes. This location provides easy access to I-475 (less than a mile away), Franklin Park Mall, Westgate Shopping Center, and numerous national hotels and retailers. The property features ample parking and elevators. The minimum divisible space is 279 square feet, offering options for various business needs. The 1.723-acre lot is zoned for Regional Commercial use. Built in 1954, this two-story building offers a blend of classic charm and modern updates. Currently, 2,356 square feet of space is vacant. The property's Lucas County location and convenient access to major roadways make it an ideal location for businesses seeking high visibility and accessibility. The APN is 24-10504, 24-110611, 24-10511.

    Property Features for 4334 Central Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,944 SF
    Class
    B
    Total Rate
    6696

    Building Details

    Year Built/Renovated
    1954/2023
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 221
    Size
    362 SF
    Rate per SF
    $6,696
    Space
    Suite 202
    Size
    647 SF
    Rate per SF
    $11,964
    Space
    Suite 207
    Size
    1,068 SF
    Rate per SF
    $19,680

    HighLights

    • Ample rear parking for second‑floor tenants.
    • Security deposit and first month's rent due at lease signing.
    • Building signage opportunities available.
    • High visibility with 216 feet of street frontage.
    • Convenient access via two curb cuts.
    • High traffic counts: Central Ave 27,006 VPD, Talmadge Rd 7,831 VPD, I‑475 87,430 VPD (data from 2023).
    Property Profile Location Intelligence

    Current Use by Public Records

    Washer And Dryer Repair ... Door Supplier The Laser Group, LLC Tax Preparation Service Damrauer Beverly R ... Psychologist Lutz Attorneys Attorney Mock Law LPA Family Law Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness 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
    -83.64520483
    Latitude
    41.67700348

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Toledo Office, 1,068 SF Max
    Where is this office property / space located?
    The property is located at 4334 Central Ave Toledo, OH.
    What is the lease rate?
    The lease rate is $6,696-$19,680 SF/Yr.
    What are key features of this property?
    This property features: Ample rear parking for second-floor tenants.; Security deposit and first month's rent due at lease signing.; Building signage opportunities available.
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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
    4334 Central Ave Toledo, OH 43615
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