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626 Madison Ave
Toledo, OH 43604
Louisville Building · Bureau Propriété À vendre


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Faits saillants de l'investissement
- Property offered for sale for the first time with redevelopment potential in a prime downtown location.
- Features panoramic city views complemented by windows that open for natural ventilation.
- Strategic location near federal buildings, courthouse, and civic attractions within the central district.
- Includes 18 dedicated parking spaces, a unique asset for the area.
- Systems upgrades include modernized elevators, updated chillers, and renovated components.
- Excellent roadway visibility at a high-traffic intersection with connectivity to Interstate 75.
Résumé de l'annonce
The Louisville Building presents an exceptional redevelopment or investment opportunity in the heart of Downtown Toledo. Offered for the first time, this property spans 57,465 SF and is strategically located at the intersection of Madison Avenue and Erie Street, amidst the city's central business district. Its prime location provides proximity to major civic and cultural destinations, including the courthouse, federal buildings, Huntington Center, and Fifth Third Field.
The building features a private 18-space surface parking lot, an uncommon and highly valuable attribute in a dense urban environment. Recently renovated systems and updates, including modernized traction elevators and updated chillers, enhance operational reliability. Boasting panoramic downtown views from its eight floors, the structure provides diverse reconfiguration or adaptive reuse possibilities, from office tenants to mixed-use conversions.
Positioned in a heavily trafficked corridor with an estimated 13,577 VPD, this property benefits from strong visibility and excellent connectivity via major roadways, including direct access to Interstate 75 and regional transportation routes. Investors and developers can capitalize on Toledo's evolving downtown revitalization momentum and the flexible footprint of this asset.
The building features a private 18-space surface parking lot, an uncommon and highly valuable attribute in a dense urban environment. Recently renovated systems and updates, including modernized traction elevators and updated chillers, enhance operational reliability. Boasting panoramic downtown views from its eight floors, the structure provides diverse reconfiguration or adaptive reuse possibilities, from office tenants to mixed-use conversions.
Positioned in a heavily trafficked corridor with an estimated 13,577 VPD, this property benefits from strong visibility and excellent connectivity via major roadways, including direct access to Interstate 75 and regional transportation routes. Investors and developers can capitalize on Toledo's evolving downtown revitalization momentum and the flexible footprint of this asset.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Condition de vente
Projet de redéveloppement
Type de propriété
Bureau
Taille du bâtiment
57 465 pi²
Classe d’immeuble
B
Année de construction
1962
Prix
1 391 523 $ CAD
Prix par pi²
24,22 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
8 étages
Superficie de plancher typique
7 183 pi²
Dalle à dalle
12’
Coefficient d’occupation des sols de l’immeuble
8,79
Taille du lot
0,15 AC
Zone de développement économique
Oui
Zonage
C-5 - Central Business District
Commodités
- Banque
- Ligne d'autobus
- Système de sécurité
Impôts fonciers
| Numéro de lot | 12-16681 | Évaluation des bâtiments | 198 950 $ CAD |
| Évaluation du terrain | 28 661 $ CAD | Évaluation totale | 227 610 $ CAD |
Impôts fonciers
Numéro de lot
12-16681
Évaluation du terrain
28 661 $ CAD
Évaluation des bâtiments
198 950 $ CAD
Évaluation totale
227 610 $ CAD
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