5151 Monroe St Sylvania, OH 43623
- Office Properties & Spaces
- 77,400 SF
- 4.55 lot acres
Current Use by Public Records
- Royal Barber & Co / Accountant
Property Details for 5151 Monroe St
- Year built
- 1972
- Lot size
- 4.55 lot acres
- Property size
- 77,400 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This two-story, 77,400 square foot Class B office building, situated on 4.55 acres in West Toledo's Sylvania Township, offers a diverse range of flexible office spaces. Built in 1972 and renovated in 2023, the property boasts 48 suites, ranging from a minimum of 179 square feet to a maximum contiguous space of 8,807 square feet. Currently, 4,396 square feet are vacant. The building features convenient amenities including 360 parking spaces, elevators, and a 9-10 foot ceiling height. Its location within Sylvania Township offers the benefit of no local income taxes, and its proximity to retail, restaurants, and banking centers adds to its appeal. The property is zoned C-2 and includes a convenient on-site post office. Multiple suite options are available, including smaller individual offices, larger open spaces suitable for call centers, and configurations adaptable to tenant needs. Rental rates vary depending on the size and features of the chosen suite, with some including operating expenses and utilities. This property presents a unique opportunity for businesses seeking flexible and well-located office space in a thriving community. The Lucas County location and convenient access to major roadways make this an ideal location for businesses of all sizes.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sylvania
- County
- Lucas
- State
- Ohio
- Longitude
- -83.6502
- Latitude
- 41.6987