For Sale
$650,000

622 Jefferson AveToledo, OH 43604

Prime Office Space, $650,000

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional freestanding office building, located at 622 Jefferson Ave in Toledo, Ohio's vibrant downtown, presents a unique investment opportunity. Spanning 16,560 square feet across three floors plus a mezzanine and basement, this property offers diverse and adaptable space. The ground floor features stunning floor-to-ceiling woodwork, ideal for retail or office use. The second floor comprises twelve private offices, a kitchenette, and a shared workspace, perfect for a growing business or professional practice. The third floor boasts an open loft layout with exposed brick, presenting potential for office space or even residential conversion, subject to necessary approvals. A mezzanine level adds four more offices, enhancing the building's versatility. A substantial 5,500 square foot basement with high ceilings provides ample storage or additional development potential. Convenient parking is available in a lot across the street. This property is situated within an Opportunity Zone, offering potential tax advantages for qualified investors. The asking price is $650,000, translating to $39.25 per square foot. This is a rare chance to acquire a well-located, historically significant building with significant upside potential in a revitalizing urban core. The property is zoned for office use, but potential exists for other uses subject to city approvals.

Highlights

  • 16,560 SF freestanding office building in Toledo, OH's downtown Opportunity Zone.
  • Three floors plus mezzanine and basement offer diverse space; ground floor ideal for retail or office.
  • Second floor features twelve private offices, kitchenette, and shared workspace.
  • Third floor offers open loft layout with exposed brick, potential for office or residential conversion (subject to approvals).
  • 5,500 SF basement provides ample storage or development potential.
  • Parking available across the street.

Property Details for 622 Jefferson Ave

Property type
Office properties
Square Feet
16,560 SF

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.651629
Longitude
-83.5385778
622 Jefferson Ave, Toledo, Ohio

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622 Jefferson Ave
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