701 Adams St Toledo, OH 43604

Property Details for 701 Adams St

Year built

1979

Property size

194,073 SF

Zone code

10-CD

Property type

Parking lots & garages

APN

15-49231

APU

1549231

Description

This exceptional 11-story, Class B office building, located at 701 Adams Street in Toledo, Ohio, presents a unique investment opportunity. Boasting 200,900 square feet of space, this landmark building, constructed in 1976 (main building) and 1979 (annex), underwent renovations in 2001. The property sits on a 1.65-acre lot and is zoned for Downtown Commercial use. The main building (701 Adams Street) is currently fully vacant, offering significant potential for redevelopment or repositioning. An attached garage provides convenient parking. The adjacent annex building (711 Adams Street) is currently occupied. This prime location offers excellent visibility and accessibility, situated directly across Adams Street from the Lucas County Courthouse. Its central location places it within walking distance of numerous downtown restaurants and just two blocks from the downtown library. Furthermore, its proximity to I-75 (four blocks away) ensures easy access to major transportation routes. The efficient floor plates in the core of the main building, coupled with a conference center in the annex building, provide versatile options for future tenants. The property's size and location make it an ideal candidate for mixed-use conversion, capitalizing on the growing demand for diverse commercial spaces in the Toledo CBD.

Location Insight

City

Toledo

County

Lucas

State

Ohio

Longitude

-83.5374

Latitude

41.6538

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments