2100 Madison AveToledo, OH 43604

Property Details for 2100 Madison Ave

Lot size

0.16 AC

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

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,382,880

  Retail / Commercial

  $1,228,190

  Mixed-Use / Specialty

  $1,228,740

  Hospitality / Lodging

  $907,911

  Office

  $1,226,580

  Institutional / Educational

  $1,279,160

  Residential Income

  $1,496,620

  Multifamily

  $1,767,610

  Automotive / Energy

  $1,096,420

  Parking / Income-Based Land

  $373,488

  Restaurant / Food Service

  $649,606

  Healthcare / Senior Housing

  $1,254,990

Location Insight

City

Toledo

County

Lucas

State

Ohio

Latitude

41.6588

Longitude

-83.5497

CBSA code

45780

CBSA name

TOLEDO, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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