Toledo, OH Commercial Real Estate for Lease and Sale

Explore 483 listings of Toledo commercial real estate for lease and for sale to find the best space for your business.

5340 Monroe St

5340 Monroe St, Franklin Park, Toledo, OH
For Lease

Contact for pricing
Property

Retail

5,694 SF
Availability Contact for availability
Year Built

1950
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5500 Telegraph Road

5500 Telegraph Road, North Towne Toledo, Toledo, OH
For Sale

$1,170,000
Property

Industrial

71,248 SF
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5625 Enterprise Blvd.

5625 Enterprise Blvd., Fort Industry, Toledo, OH
For Lease

$4.64/SF/YR
Property

Industrial

15,520 SF
Availability

1 Space

15,520 SF
Year Built

1968
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Mancy's Ideal

5333 Monroe Street, Franklin Park, Toledo, OH
For Sale

$375,000
Property

Retail

3,600 SF
Year Built

2015
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Shoppes at Glendale

3002 Glendale Avenue, Glendale - Heatherdowns, Toledo, OH
For Lease

$16.00/SF/YR
Property

Retail

10,050 SF
Availability

1 Space

1,500 SF
Year Built

2005
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1801 Richards Road

1801 Richards Road, Reynolds Corners, Toledo, OH
For Sale

$3,750,000
Property

Office

54,544 SF
Year Built

1995
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2440 South Ave

2440 South Ave, South Side Toledo, Toledo, OH
For Lease

$12.00/SF/YR
Property

Other

33,672 SF
Availability

1 Space

5,000 SF
Year Built

1960
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2902 Central Avenue

2902 Central Avenue, Hampton Park, Toledo, OH
For Sale

$99,500
Property

Office

1,354 SF
Year Built

1941
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131 19th Street

131 19th Street, Downtown Toledo, Toledo, OH
For Sale

$325,000
Property

Office

7,500 SF
Year Built

1968
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Rocket Center

2903 Dorr Street, Secor Gardens, Toledo, OH
For Lease

$14.00/SF/YR
Property

Retail

14,092 SF
Availability

2 Spaces

2,201 SF
Year Built

2007
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319 - 321 N. Superior Street

319 - 321 N. Superior Street, Downtown Toledo, Toledo, OH
For Lease

$10.00 - $14.00/SF/YR
Property

Retail

16,171 SF
Availability

3 Spaces

16,240 SF
Year Built

1887
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1930 Tremainsville Road

1930 Tremainsville Road, DeVeaux, Toledo, OH
For Sale

Negotiable
Property

VacantLand
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1101 Pelee Street

1101 Pelee Street, Scott Park, Toledo, OH
For Sale

$495,000
Property

Industrial

13,424 SF
Year Built

1946
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3131 Executive Parkway

3131 Executive Parkway, Westgate, Toledo, OH
For Lease

$14.95 - $16.95/SF/YR
Property

Office

34,344 SF
Availability

5 Spaces

13,538 SF
Year Built

1980
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The Secor Building

425 Jefferson Avenue, Downtown Toledo, Toledo, OH
For Sale

$3,400,000
Property

Office

175,212 SF
Year Built

1908
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3425 Executive Parkway

3425 Executive Parkway, Westgate, Toledo, OH
For Lease

$11.50/SF/YR
Property

Office

39,904 SF
Availability

3 Spaces

5,508 SF
Year Built

2006
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3243 Warner Avenue

3243 Warner Avenue, Toledo, OH
For Lease

$9.50/SF/YR
Property

Retail

6,600 SF
Availability

1 Space

6,600 SF
Year Built

2012
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Former Steak 'n Shake

5395 Monroe Street, Toledo, OH
For Lease

Contact for pricing
Property

Retail

3,972 SF
Availability

1 Space

3,972 SF
Year Built

1999
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4755 South Avenue

4755 South Avenue, Reynolds Corners, Toledo, OH
For Lease

$4.50/SF/YR
Property

Industrial

70,110 SF
Availability

1 Space

70,110 SF
Year Built

1969
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Lifestar

1402 - 1420 Lagrange Street, Lagrange, Toledo, OH
For Lease

$4.75/SF/YR
Property

Industrial

40,200 SF
Availability

1 Space

40,200 SF
Year Built

1948
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ENT Physicians

4640 W Alexis Rd., Franklin Park, Toledo, OH
For Lease

$18.50/SF/YR
Property

Office

11,680 SF
Availability

1 Space

2,616 SF
Year Built

1991
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Reliable Belting Transmission Co.

1120 Cherry St. , Lagrange, Toledo, OH
For Lease

$5.00/SF/YR
Property

Industrial

39,000 SF
Availability

1 Space

27,000 SF
Year Built

1977
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304 N. Westwood Avenue

304 N. Westwood Avenue, Scott Park, Toledo, OH
For Sale

$275,000
Property

Industrial

5,592 SF
Year Built

1959
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Korean American Presbyterian Church of Toledo

2934 Secor Rd, Old Orchard, Toledo, OH
For Lease

$1,500.00/MO
Property

Other

2,300 SF
Availability

1 Space

2,300 SF
Year Built

1962
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David's Bridal

5162 Monroe Street, Franklin Park, Toledo, OH
For Lease

Contact for pricing
Property

Retail

10,960 SF
Availability

1 Space

10,960 SF
Year Built

2000
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235 14th Street

235 14th Street, Downtown Toledo, Toledo, OH
For Lease

$450.00 - $750.00/MO
Property

Office

112,839 SF
Availability

1 Space

300 SF
Year Built

1927
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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 9,425,816 square feet of office space across 153 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 9,436,530 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 31,641,982 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 2,637,299 square feet of available listings. Retail space available in Toledo adds up to 499,282 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 $12.39 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 $4.26 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. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Franklin Park.

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 $18 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 $3,000,000 that is located at 3434 Granite Circle.

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 62,012 square feet.
Retail properties here incorporate an average of 62,082 square feet.
Industrial space in Toledo is in buildings that are, on average 213,797 square feet in size.

Toledo, OH Commercial Real Estate for Lease and Sale

5340 Monroe St

5500 Telegraph Road

5625 Enterprise Blvd.

Mancy's Ideal

Shoppes at Glendale

1801 Richards Road

2440 South Ave

2902 Central Avenue

131 19th Street

Rocket Center

319 - 321 N. Superior Street

1930 Tremainsville Road

1101 Pelee Street

3131 Executive Parkway

The Secor Building

3425 Executive Parkway

3243 Warner Avenue

Former Steak 'n Shake

4755 South Avenue

Lifestar

ENT Physicians

Reliable Belting Transmission Co.

304 N. Westwood Avenue

Korean American Presbyterian Church of Toledo

David's Bridal

235 14th Street

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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?

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