For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

425 Jefferson Ave Toledo, OH 43604

Sponsored
For Sale
$3,400,000

Historic Toledo building, prime location, high potential.

Property size:
175,212 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
The Secor Building, a 175,212 square foot Class C multifamily and office property at 425 Jefferson Ave, Toledo, OH 43604, is offered for sale at $3,400,000 ($19.41/sq ft). This 0.47-acre property, built in 1908, presents a compelling redevelopment opportunity. Currently at 50% occupancy with a gross lease type, the building offers significant upside potential. Situated in the heart of historic Toledo and designated an Opportunity Zone, it 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, being directly connected to the Port Lawrence Parking Garage and SeaGate Convention Centre, a half block from Fifth Third Field, next to the Huntington Center, and across N Superior Street from the Commodore Perry Apartments. The building currently houses a four-star Registry Bistro restaurant and bar, and shares its location with tenants such as the Toledo Opera. The office space presents a unique conversion potential to mixed-use apartments, maximizing the property's value. Detailed financial information and the current rent roll are available upon request to qualified buyers. This is a rare chance to acquire a landmark property with substantial redevelopment potential in a thriving urban core.

Property Features for 425 Jefferson Ave

General Information

Property type
Multifamily properties
Square Feet
175,212 SF
Class
C
Lot Size
20,473 SF

Building Details

Year Built
1908

Property Profile 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

FAQs

What type of property is this?
Multifamily property - Historic Toledo building, prime location, high potential.
Where is this multifamily property located?
The property is located at 425 Jefferson Ave Toledo, OH.
What is the asking price?
The asking price for this property is $3,400,000.
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