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Property profile & analytics
OFF-MARKET
Office Spaces

420 Madison Ave Toledo, OH 43604

133,750 SF 0.33 ac lot Built 1895
Property ID
Property summary
AI-generated overview

This twelve-story, 133,750-square-foot Class B office building, located at 420 Madison Ave, Toledo, OH 43604, offers multiple executive office suites for lease. Built in 1895 and extensively renovated in 2023, the property boasts 8' to 10' ceilings and features elevator service. Individual suites range from a minimum of 630 square feet to a maximum contiguous space of 3,700 square feet, with 17,833 square feet currently vacant. The building sits on a 0.33-acre lot in the Central Business District, zoned Downtown Commercial, offering flexibility for various business types. Its prime location across Madison Avenue from the Huntington Center and within walking distance of the Valentine Theatre, Promenade Park, Warehouse District, Fifth Third Field, the renovated Glass City Center, and numerous dining and entertainment options provides unparalleled convenience and accessibility. The building's address is 420 Madison Ave, Toledo, OH 43604, and its location within the Downtown Toledo DORA (Designated Outdoor Refreshment Area) adds to its appeal. The property features one building with twelve stories and is conveniently located near major amenities. This is an exceptional opportunity to secure high-quality office space in a vibrant and thriving downtown location.

Property profile
Verified
Property type Office Spaces
Year built 1895
Total area 133,750 SF
Lot 0.33 ac (14,375 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
Current use
Occupant on record · Public records
  • US Labor Department Wage & Hour Division Government Office
  • Toledo Department Public Utilities Adm Government Office
  • URS Corporation Engineering Consultant
  • US Commerce Department Federal Government Office
  • Marine Safety Unit Government Office
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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