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Property profile & analytics
FOR SALE
Office buildings

617 Adams St Toledo, OH 43604-1433

21,600 SF 0.12 ac lot Built 1905
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US66-1168541
No photos on file
For Sale
Contact for pricing 21,600 SF
617 Adams St, Toledo, OH 43604-1433
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Property summary
AI-generated overview

This exceptional 1,425 square foot street-level retail space is located at 617 Adams Street in Toledo, Ohio, within the vibrant 16,200 square foot multi-tenant building. Boasting excellent visibility on Adams Street, this storefront offers a sales floor, storage room, and restroom. Its strategic location places it just one block from the Huntington Center, a high-traffic area. The property benefits from its proximity to the intersection of Erie Street (10,814 vehicles per day) and Adams Street (2,954 vehicles per day), ensuring high foot and vehicle traffic. This prime location is surrounded by successful businesses, including Fowl & Fodder, Adams Street Cafe, Grinders Coffee, Copper Bowl nail bar, and Magic Wok, creating a synergistic retail environment. The property is situated in Lucas County, Ohio, and has a Toledo, OH 43604 zip code. This space presents a fantastic opportunity for a retailer seeking high visibility and a thriving commercial district. The building is classified as retail, specifically a storefront. The total building size is 16,200 square feet, and the available space is part of a multi-tenant occupancy.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1905
Total area 21,600 SF
Lot 0.12 ac (5,310 SF)
Zoning code 10-CD
APN 15-49081
UPID US66-1168541
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
  • Ulrich Pinciotti Design Group Marketing & Advertising Advertising Agency
  • Toledo Aerial Media Marketing & Advertising Photography Service
  • Mac Pherson Architects Inc Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$470k
Owner & transaction history
617 Adams Investment Ltd · 18 yrs held
617 Adams Investment Ltd
since 2007
2 recorded transactions
2022
Price N/A
2007
$305,200
Zoning & alternative use
10-CD · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Microsoft Word - TMZC 2024-04-24
Top alternative use upside
Medical building $1.6M +16.9%
Auto repair, garage $1.6M +13.8%
Neighborhood: shopping center $1.5M +11.3%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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