1817 Madison Ave Toledo, OH 43604
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.