Toledo, OH Commercial Real Estate for Lease and Sale

Explore 202 listings of Toledo commercial real estate for lease and for sale to find the best space for your business.

Wernerts Corner Plaza - Outparcel

2558 W. Laskey Road, Whitmer - Trilby, Toledo, OH
Property

VacantLand
For Sale

$550,000
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927 N. Summit Street

927 N. Summit Street, Vistula, Toledo, OH
Property

Office

7,263 SF
Year Built

1947
For Sale

$495,000
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Toledo Commons I & II

3015 Glendale Avenue, Glendale - Heatherdowns, Toledo, OH
Property

Retail

55,000 SF
Availability

5 Spaces

10,180 SF
For Lease

$10.00 - $15.00/SF/YR
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3032-3038 South Avenue

3032-3038 South Avenue, South Side Toledo, Toledo, OH
Property

Industrial

76,660 SF
Year Built

1972
For Sale

$1,550,000
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Wernerts Corner Plaza - Outparcel

2558 W. Laskey Road, Whitmer - Trilby, Toledo, OH
Property

VacantLand
Availability

1 Space

38,332 SF
For Lease

$55,000.00/YR
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130 New Towne Square Drive

130 New Towne Square Drive, North Towne Toledo, Toledo, OH
Property

Retail

14,190 SF
Year Built

1993
For Sale

$775,000
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245 N. Superior Street

245 N. Superior Street, Downtown Toledo, Toledo, OH
Property

Office

21,888 SF
Year Built

1919
For Sale

Subject To Offer
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245 N. Superior Street

245 N. Superior Street, Downtown Toledo, Toledo, OH
Property

Office

21,888 SF
Availability

1 Space

21,888 SF
Year Built

1919
For Lease Contact for pricing
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Fort Industry Square

100-152 North Summit Street, Downtown Toledo, Toledo, OH
Property

Office

172,000 SF
Availability

16 Spaces

45,274 SF
Year Built

1862
For Lease

$12.00 - $19.00/SF/YR
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Charter School

540 Independence Road, Reynolds Corners, Toledo, OH
Property

Other

16,467 SF
Year Built

1958
For Sale

$595,000
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0 Advantage Dr.

0 Advantage Dr., Fort Industry, Toledo, OH
Property

VacantLand
For Sale

$124,900
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Court Ordered Sale

990, 1002 & 1016 S. Byrne Road, Reynolds Corners, Toledo, OH
Property

Multi-Family

51,696 SF
Year Built

1972
For Sale Contact for pricing
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144 S. Huron Street, 602 Market Street, 608 Market Street

144 S. Huron Street, 602 Market Street, 608 Market Street, Toledo Warehouse District, Toledo, OH
Property

Retail

28,900 SF
Availability

4 Spaces

9,204 SF
Year Built

1917
For Lease

$18.00/SF/YR
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6800 W. Central Building G

6800 Central Avenue Building G, Toledo, OH
Property

Office

4,576 SF
Year Built

1994
For Sale

$530,000
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Jamesford Plaza

7117 W. Central Avenue, Toledo, OH
Property

Retail

15,124 SF
Availability

1 Space

2,850 SF
Year Built

1999
For Lease

$12.00/SF/YR
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5255 Hill Avenue

5255 Hill Avenue, Reynolds Corners, Toledo, OH
Property

Retail

10,000 SF
Year Built

1977
For Sale

$725,000
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2785 W Central Ave

2785 W Central Ave, Old Orchard, Toledo, OH
Property

Office

2,926 SF
Availability

1 Space

2,926 SF
Year Built

1956
For Lease

$12.00/SF/YR
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130 New Towne Square Drive

130 New Towne Square Drive, North Towne Toledo, Toledo, OH
Property

Retail

14,190 SF
Availability

1 Space

14,190 SF
Year Built

1993
For Lease

$6.75/SF/YR
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2020 Starr Avenue

2020 Starr Avenue, East Toledo, Toledo, OH
Property

Office

4,848 SF
Year Built

1924
For Sale

$150,000
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3439 Granite Circle

3439 Granite Circle, Toledo, OH
Property

Office

17,334 SF
Availability

2 Spaces

11,628 SF
Year Built

1994
For Lease

$16.00/SF/YR
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5055 Jackman Road

5055 Jackman Road, Whitmer - Trilby, Toledo, OH
Property

Retail

111,129 SF
Availability

1 Space

37,030 SF
Year Built

1989
For Lease

$5.50/SF/YR
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Point Place Rite Aid

5111 Benore Road, Shoreland, Toledo, OH
Property

Retail

10,004 SF
Availability

1 Space

10,004 SF
Year Built

1995
For Lease

$9.50/SF/YR
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Mixed-Use Development

0 Hollywood Blvd, East Toledo, Rossford, OH
Property

VacantLand
For Sale

Subject To Offer
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Freestanding Restaurant in Toledo

3808 Secor Rd, DeVeaux, Toledo, OH
Property

Retail
Availability

1 Space

3,114 SF
For Lease Contact for pricing
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Westgate Village Office Center

3450 West Central Avenue, Westgate, Toledo, OH
Property

Office

103,216 SF
Availability

4 Spaces

10,124 SF
Year Built

1968
For Lease

$16.00 - $17.00/SF/YR
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5225 - 5249 Secor Road

5225 - 5249 Secor Road, Franklin Park, Toledo, OH
Property

Industrial

55,158 SF
Availability

2 Spaces

2,300 SF
Year Built

1979
For Lease

$750.00 - $875.00/MO
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Toledo commercial real estate market incorporates 2,296,780 square feet of office space across 56 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Toledo commercial real estate market includes 1,804,393 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Toledo market, there is a total of 4,549,615 square feet of industrial property.

The listing inventory in Toledo incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Toledo is represented by Industrial space, which accounts for 2,470,446 square feet of available listings. Office space available in Toledo adds up to 664,983 square feet.

Meanwhile, most of the listings of commercial property for sale in Toledo are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Toledo is $12.76 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Toledo can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $15.56 per square foot, industrial space in Toledo saw average rents of $5.63 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Toledo, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Toledo is in the Downtown Toledo neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Toledo area.

Meanwhile, retail space opportunities are most abundant in the Franklin Park submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in North Towne Toledo.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $21.5 per square foot. In particular, the property type commanding the highest lease rates in Toledo was Office space.

Conversely, the highest sale price last year was $2,225,000 that is located at 3830 Woodley Road.

The average size of a commercial property in Toledo depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Toledo, the average size of an office property is 41,014 square feet.
Retail properties here incorporate an average of 23,434 square feet.
Industrial space in Toledo is in buildings that are, on average 126,379 square feet in size.

Toledo, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Toledo currently add up to 4,078,911 square feet. The market offers 37 active office listing(s), which amount to 664,983 square feet and account for 29% of commercial spaces on the market. Local retail availability includes 528,142 square feet across 56 retail space(s). Industrial space for rent opportunities in Toledo amount to 2,470,446 square feet across a total of 21 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	37	664,983
Retail	56	528,142
Industrial	21	2,470,446
Other	10	415,340

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Toledo, OH. Currently, there is 1,414,112 square feet of commercial property for sale here , which includes 19 office building(s) for sale , 25 retail investment opportunity listing(s) , and 15 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	19	378,987
Retail	25	257,231
Industrial	15	435,424
Other	27	342,470

Toledo, OH Commercial Real Estate for Lease and Sale

Wernerts Corner Plaza - Outparcel

927 N. Summit Street

Toledo Commons I & II

3032-3038 South Avenue

Wernerts Corner Plaza - Outparcel

130 New Towne Square Drive

245 N. Superior Street

245 N. Superior Street

Fort Industry Square

Charter School

0 Advantage Dr.

Court Ordered Sale

144 S. Huron Street, 602 Market Street, 608 Market Street

6800 W. Central Building G

Jamesford Plaza

5255 Hill Avenue

2785 W Central Ave

130 New Towne Square Drive

2020 Starr Avenue

3439 Granite Circle

5055 Jackman Road

Point Place Rite Aid

Mixed-Use Development

Freestanding Restaurant in Toledo

Westgate Village Office Center

5225 - 5249 Secor Road

Frequently Asked Questions

Toledo, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Toledo, OH Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Toledo, OH?

What factors affect the price of commercial real estate in Toledo, OH?

What is the average rent for commercial space in Toledo, OH?

What are the best areas for commercial real estate in Toledo, OH?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Toledo, OH?

Toledo, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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