151 North Michigan Street

151 North Michigan Street, Toledo, OH 43604

Property Information

  • For Sale $2,850,000
  • Property Type Office - General Office
  • Property Size 80,014 SF
  • Building Class A
  • Date Updated Jun 6, 2026

Description

Positioned on N. Michigan Street, with proximity to Monroe Street and Jefferson Avenue. Discover the potential of this prime office building location nestled in the vibrant heart of downtown Toledo, OH. The area surrounding the property is a hub for professional services, including legal and financial firms, offering an appealing environment for office investors. Just steps away, a diverse array of dining options awaits, from the elegant Registry Bistro to the trendy Manhattan's Pub 'n Cheer. Nearby, the Toledo Museum of Art and Fifth Third Field provide captivating cultural and entertainment experiences. With its prime positioning in this bustling urban center, the property presents an excellent opportunity for office investors seeking a well-connected and dynamic location in the 2850000 market.Why This Location is Strong for Your Marketing Purpose 1. Downtown placement: Being in downtown Toledo makes the property highly visible and accessible for both retail and office tenants, aligning with your marketing of the Davis Building for sale at ~$2.819 million and positioning it as a value-add asset. Accessibility: The listing emphasizes “Excellent Access: Minutes from I-75, I-280, and major city thoroughfares, with nearby public transit options.” LoopNet This strengthens your tenant pitch (WS Designs, Bella Amore, Green Crow Plants, new Indian restaurant) and gives credibility to your cap-rate / NOI models since accessibility supports tenant stability. 2. Parking advantage: Downtown assets often struggle with parking; the property’s dedicated lots provide a leasing differentiator — helpful fact for your offering memorandum. 3.Historic character: Built in 1897 and preserved, this gives you a value-creation story: repositioning the asset with character in a revitalized downtown market.

Highlights

  • 10,814 SF of versatile office space
  • Ample parking for tenants and visitors
  • Close proximity to major transportation routes
  • Excellent investment opportunity
  • Flexible floor plan for customization
  • High traffic visibility
  • Historic building: Originally built in 1897.
  • Mixed-use potential: Retail/office conversion or redevelopment.
  • Modern and well-maintained building
  • On-site parking: The listing notes three included parking lots for tenants and visitors, which is a strong amenity in downtown position.
  • Prime location in downtown Toledo
  • Proximity to dining and retail amenities
  • Strong potential for rental income

Contacts

Location

Located at 151 North Michigan Street, Toledo, OH 43604, this property is part of the Downtown Toledo neighborhood and Toledo market.

Contact Listing Broker
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