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245 N Superior St
Toledo, OH 43604
Office Property For Sale
Investment Highlights
- Historic four-story neoclassical building with distinctive stone exterior and ornate architectural detailing.
- Recognized in the National Register of Historic Places as part of the Madison Avenue Historic District.
- Features flexible multi-level layouts ideal for office, retail, or creative redevelopment.
- Located within Toledo’s Central Business District with high visibility near the entrance of the Huntington Center arena.
- Surrounded by vibrant downtown amenities, including dining, entertainment, and entertainment venues along the Maumee River.
- Negotiable lease terms and offered for sale at $395,000, providing adaptive re-use potential and investment upside.
Executive Summary
This historic four-story former bank building offers a truly unique ownership opportunity in the heart of downtown Toledo. Constructed in 1919 with a neoclassical design, the building’s facade evokes the grandeur of columned Greek temples, creating a landmark presence within the Madison Avenue Historic District. Its 21,888 square feet of flexible interior space is enhanced by intricate architectural detailing, high ceilings, and expansive windows that flood the interior with natural light.
Positioned with prominent exposure near the entrance to Huntington Center, the property benefits from strong visibility and high pedestrian traffic, surrounded by entertainment venues, restaurants, corporate offices, and residential developments, all within a rapidly revitalizing urban core. Recognized on the National Register of Historic Places, this asset provides an exceptional setting for adaptive reuse, urban mixed-use concepts, or creative office space. Offered at $395,000, this is a rare investment to acquire a distinctive architectural icon in a growing downtown district.
Positioned with prominent exposure near the entrance to Huntington Center, the property benefits from strong visibility and high pedestrian traffic, surrounded by entertainment venues, restaurants, corporate offices, and residential developments, all within a rapidly revitalizing urban core. Recognized on the National Register of Historic Places, this asset provides an exceptional setting for adaptive reuse, urban mixed-use concepts, or creative office space. Offered at $395,000, this is a rare investment to acquire a distinctive architectural icon in a growing downtown district.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
21,888 SF
Building Class
B
Year Built
1919
Price
$555,765 CAD
Price Per SF
$25.39 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,472 SF
Building FAR
2.96
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
CD - Downtown Commercial
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