2100-2144 Madison Ave., Toledo, OH, 43604

2100-2144 Madison Ave. Toledo, OH 43604

2100-2144 Madison Ave., Toledo, OH, 43604
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$649,000
Last Verified:
Jul 24, 2024

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Highlights

  • Three buildings for renovation or 1.4 acre redevelopment site
  • Located on the largest available contiguous site in Uptown Toledo
  • Tremendous visibility across from the Mercy College campus
  • Close proximity to I-75
  • Within the Connecting Toledo Neighborhoods to Opportunity Infostructure Program
  • All utilities on site, flat topography and ready for development

Description

2100 - 2144 Madison Ave is an existing multi building office site comprised of three buildings, 2 being connected, totaling 34,268 SF zoned 10-CO, for use as office retail, or residential. This property offers a versatile and strategic investment opportunity. Sitting on 11 parcels totaling 1.4 acres, the site is a possible redevelopment site sitting within the City of Toledo Uptown Urban Overlay District. The site is the starting point for the Connecting Toledo Neighborhoods to Opportunity (CTNO) program which will install pedestrian amenities, expand bicycle infrastructure, create complete streets, optimize parking, and support the region’s reinvention of its mass transit, starting at 21st street and continuing along Madison down to 13th Street.

Downtown Toledo Unique Opportunity! 10 parcels positioned in the heart of the city's Uptown District on Madison Avenue between 21st and 22nd streets . This prime location offers proximity to a dynamic mix of amenities and attractions including: The historic Warehouse District, ProMedica Park, Fifth Third Field, and The Toledo Museum of Art. . Easy access to major thoroughfares. This property provides an ideal setting for possible office, residential, and commercial investments.

Building Size: 34268sq ft
Building Class: C
Lot Size: 1.38 acres


Documents

Madison Ave. 2100-2144 Sale Brochure

Map of 2100-2144 Madison Ave., Toledo, OH, 43604

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.