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    31 Summit St Toledo, OH 43604

    For Lease
    $18 SF/Yr ($6,237 /Mo)

    Historic building, renovated, river views.

    Lot size:
    4,158 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This stunning, recently renovated professional office space at 31 N. Summit Street in Toledo, Ohio offers 2,079 square feet of move-in ready space on the first floor of a 4,158 square foot building. Built in 1879, this historic building boasts beautiful Maumee River views and is ideally situated for professional office users. The property is located in Lucas County and sits on a 0.09-acre lot. One space is currently available for lease within the multi-tenant building. Enjoy the convenience of nearby amenities, including numerous bars and restaurants within walking distance. Parking is readily accessible in a nearby surface lot or at the SeaGate Convention Centre, both located within a single block. A parking map is available upon request. The property also offers direct access to Hensville Park, providing a pleasant outdoor space for employees and clients. This exceptional location combines historic charm with modern convenience, making it an ideal choice for businesses seeking a prestigious and functional office space.

    Property Features for 31 Summit St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,158 SF
    Total Rate
    6237

    Building Details

    Year Built
    1879

    Unit(s) available at that property

    Space
    First Floor
    Size
    2,079 SF
    Rate per SF
    $18

    HighLights

    • Recently renovated, move‑in ready professional office space; first floor available.
    • Located near numerous bars and restaurants.
    • Offers Maumee River views.
    • Convenient parking in nearby surface lot or SeaGate Convention Centre.
    • Direct access to Hensville Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alliance for Paired Kidney ... Non-Profit Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.536669
    Latitude
    41.6480109

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    FAQs

    What type of property is this?
    Office space - Historic building, renovated, river views.
    Where is this office space located?
    The property is located at 31 Summit St Toledo, OH.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Recently renovated, move-in ready professional office space; first floor available.; Located near numerous bars and restaurants.; Offers Maumee River views.
    Request Owner's contact information
    31 Summit St 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
    31 Summit St Toledo, OH 43604
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