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Property profile & analytics
OFF-MARKET
Office Spaces

1817 Madison Ave Toledo, OH 43604

3,069 SF 0.37 ac lot Built 1955
Property ID
Property summary
AI-generated overview

This exceptional freestanding office building, located at 1817 Madison Avenue in Toledo, Ohio, presents a unique investment opportunity. The property boasts 3,069 square feet of space, currently vacant, and is priced at $150,000, or $48.88 per square foot. Built in 1955, this single-story Class C building sits on a 0.368-acre lot and offers ample parking with 20 spaces. The property is zoned for Office Commercial use and features a convenient location in Toledo's central business district (CBD), near the intersection of 18th and 19th Streets. Its proximity to key landmarks such as Mercy College of Ohio and the Toledo Art Museum adds significant value. The building's history includes serving as the Lucas County Democratic Party headquarters, highlighting its suitability for a variety of professional uses. This property is part of Toledo's revitalized uptown district, offering excellent access to all that downtown Toledo has to offer. The property's APN is 0744947

Property profile
Verified
Property type Office Spaces
Year built 1955
Total area 3,069 SF
Lot 0.37 ac (16,030 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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