617 Adams StToledo, OH 43604

Property Details for 617 Adams St

Year built

1905

Lot size

0.12 AC

Property size (Sq ft)

21,600 SF

Zone code

10-CD

Property type

Office properties

Property subtype

Office buildings

APN

15-49081

APU

1549081

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $3,697,660

  6.5%

  $3,413,224

  7%

  $3,169,422

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,020,464

  Geo Method

  $2,020,464

• Alternative Use

  Use

  Valuation

  Residential

  $4,232,398

  Hospitality

  $3,876,854

  Educational

  $3,225,497

  Medical

  $3,336,426

  Retail

  $5,017,440

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.6537

Longitude

-83.5366

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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