Toledo, OH Commercial Real Estate for Lease and Sale

Explore 217 listings of Toledo commercial real estate to find the best space for your business.

Strip Center

2040 Ottawa River Rd, Point Place, Toledo, OH
Property

Retail

11,116 SF
Year Built

1973
For Sale

$1,100,000
View Details (opens in new window)
31 N. Summit Street

31 N. Summit Street, Toledo Warehouse District, Toledo, OH
Property

Office

4,158 SF
Availability

1 Space

2,079 SF
Year Built

1879
For Lease

$18.00/SF/YR
View Details (opens in new window)
2-Story Department Store

5001 Monroe St, Franklin Park, Toledo, OH
Property

Retail

186,883 SF
For Sale Contact for pricing
View Details (opens in new window)
7644 Kings Pointe Rd

7644 Kings Pointe Rd, Toledo, OH
Property

Office

5,026 SF
Availability

1 Space

5,026 SF
Year Built

2014
For Lease

$22.00/SF/YR
View Details (opens in new window)
.8 Acre Gross Outlot

1707 Cherry Street, Warren Sherman, Toledo, OH
Property

VacantLand

35,719 SF
For Sale

$395,000
View Details (opens in new window)
33 S Byrne Road

33 S Byrne Rd, Scott Park, Toledo, OH
Property

Retail

40,000 SF
For Sale

$1,500,000
View Details (opens in new window)
2641-2661 W. Bancroft Street

2641-2661 W. Bancroft Street, Bancroft Hills, Toledo, OH
Property

VacantLand
For Sale

$195,000
View Details (opens in new window)
300 Madison Avenue

300 Madison Avenue, Downtown Toledo, Toledo, OH
Property

Office

224,657 SF
Availability

4 Spaces

31,743 SF
Year Built

1975
For Lease

$17.95/SF/YR
View Details (opens in new window)
Stand Alone Restaurant

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

VacantLand

7,638 SF
Availability

1 Space

7,638 SF
Year Built

1985
For Lease Contact for pricing
View Details (opens in new window)

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 3,801,671 square feet of office space across 61 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 2,228,135 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 1,968,619 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 1,502,601 square feet of available listings. Office space available in Toledo adds up to 810,980 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 $13.41 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.
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 Reynolds Corners submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Fort Industry.

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 $22 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 $2,825,000 that is located at 3103 Executive Pkwy.
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 62,323 square feet.
- Retail properties here incorporate an average of 28,566 square feet.
- Industrial space in Toledo is in buildings that are, on average 53,206 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 4,321,489 square feet. The market offers 43 active office listing(s), which amount to 810,980 square feet and account for 33% of commercial spaces on the market. Local retail availability includes 392,942 square feet across 53 retail space(s). Industrial space for rent opportunities in Toledo amount to 1,502,601 square feet across a total of 21 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	43	810,980
Retail	53	392,942
Industrial	21	1,502,601
Other	13	1,614,966

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 2,044,780 square feet of commercial property for sale here , which includes 16 office building(s) for sale , 31 retail investment opportunity listing(s) , and 17 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	16	662,793
Retail	31	490,007
Industrial	17	478,993
Other	25	412,987

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Toledo, OH Commercial Real Estate for Lease and Sale

Strip Center

31 N. Summit Street

2-Story Department Store

7644 Kings Pointe Rd

.8 Acre Gross Outlot

33 S Byrne Road

2641-2661 W. Bancroft Street

300 Madison Avenue

Stand Alone Restaurant

Frequently Asked Questions

Toledo, OH Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools