2100 Madison Ave Toledo, OH 43604-5131

Property Details for 2100 Madison Ave

Lot size

0.16 lot acres

Zone code

10-CO

Property type

Commercial land

APN

07-44847

APU

744847

Description

This exceptional investment opportunity presents a 34,268-square-foot multi-building office complex situated on a 1.375-acre lot in Toledo, Ohio. The property, encompassing three buildings (two interconnected), is zoned 10-CO, allowing for versatile use as office, retail, or residential space. The buildings feature 8-foot ceilings and ample parking. One building, 2116 Madison Ave, has been partially renovated, showcasing an overhead door and a substantial basement area. Significant existing plumbing throughout the complex is a notable feature, particularly beneficial for potential adaptive reuse. The property boasts excellent visibility across from Mercy College campus and convenient proximity to I-75. This prime location is strategically positioned within the Uptown Urban Overlay District and at the launch point of the Connecting Toledo Neighborhoods to Opportunity (CTNO) program, a significant infrastructure improvement initiative enhancing pedestrian amenities, bicycle infrastructure, and mass transit. The flat topography and existing utilities make this a ready-to-develop site, ideal for renovation or redevelopment. The previous tenant was a dental center. The asking price is $649,000. The property includes 11 parcels with APNs: 1438981