901 Madison Ave

901 Madison Ave, Toledo, OH 43604

Property Information

  • For Lease $12.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 24,656 SF
  • Lot Size 0.18 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1897
  • Year Renovated 2008
  • Date Updated May 21, 2026

Description

Downtown Toledo, situated between the main branch of the Toledo Library and Hylant Insurance. Prime location for redevelopment. Within walking distance to many businesses and entertainment including Huntington Center, 5/3rd Field and the Glass City Center.24,656 SF building comprised of first floor retail/restaurant and second/third floor shell space available for sale in Downtown Toledo. Highly visible and situated on the corner of Michigan St and Madison Ave between the main branch of the Toledo Library and Hylant Insurance. Within walking distance to many businesses and entertainment including Huntington Center, 5/3rd Field and the Glass City Center. Downtown commercial zoning creates an excellent opportunity as a value-add investment. Located within the Toledo Opportunity Zone, offering potential federal tax advantages for investors. Fun Fact: This original 1950s photo shows the building when it operated as a drug mart and hotel.24,656 SF building comprised of first floor retail/restaurant and second/third floor shell space available for sale in Downtown Toledo. Highly visible and situated on the corner of Michigan St and Madison Ave between the main branch of the Toledo Library and Hylant Insurance. Within walking distance to many businesses and entertainment including Huntington Center, 5/3rd Field and the Glass City Center. Downtown commercial zoning creates an excellent opportunity as a value-add investment. Located within the Toledo Opportunity Zone, offering potential federal tax advantages for investors. Fun Fact: This original 1950s photo shows the building when it operated as a drug mart and hotel.

Highlights

  • 3 dedicated spaces in rear of building and ample street parking available
  • Basement: 6,139 storage space
  • First floor: available for lease, 1,569 SF vacant retail space with private entrance along Michigan St.
  • First floor: currently leased, 4,570 SF grab & go marketplace, restaurant, and seating area - also available for sale
  • Second & third floor: shell space with roughed in plumbing and electrical, has excellent potential for redevelopment into residential -- architectural test fit floor plans for apartments on file

1 Space Available

239 Michigan Avenue

Space Type

Retail

Lease Rate

$12.00/SF/YR

Total Space

1,569 SF

Divisible Space

1,569 - 1,569 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

L-shaped space, adjacent to Madison Market, facing Michigan Avenue

Contacts

Rami Sebai

SVN | Ascension Commercial Realty

Location

Located at 901 Madison Ave, Toledo, OH 43604, this property is part of the Downtown Toledo neighborhood and Toledo market.

Contact Listing Broker
Rami Sebai

SVN | Ascension Commercial Realty

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.