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  1. Retail Space
  2. OH
  3. Northwest Ohio
  4. Toledo
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  • POI
For Lease

901 Madison Ave

901 Madison Ave, Toledo, OH 43604

1,569

SF Available
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.

Key features

  • 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

Rental Details

  • Number of spaces 1
  • Total square feet available 1,569 SF
  • For Lease $12.00/SF/YR
  • Space Types Retail
  • Lease Type NNN
  • Date Updated May 21, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 1 Space Available

239 Michigan Avenue

  • Space Type Retail
  • Lease Rate $12.00/SF/YR
  • Total Space Available 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

broker
Rami Sebai

SVN | Ascension Commercial Realty

Contacts

broker
Rami Sebai

SVN | Ascension Commercial Realty

Building Details

  • 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

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (89)
  • Bike Score ®

    Bikeable (52)
Powered by Walk Score ®

Location

  • City Toledo, OH
  • Neighborhood Downtown Toledo
  • Zip Code 43604
  • Market Toledo
  • Map
  • Street

Points of Interest

Mobil

0.74 miles

Gateway Express

0.82 miles

Sunoco

1.25 miles

BP

1.82 miles

American Petroleum

1.85 miles

Stop N' Go

2.26 miles

Tesla Supercharger

7.86 miles

624 Monroe Street

0.24 miles

Arena Parking

0.29 miles

Port Lawrence Parking

0.31 miles

Kwik Parking

0.35 miles

ProMedica Parking Garage

0.41 miles

Spaghetti Warehouse Parking

0.48 miles

Parking for Tony Packo's

2.01 miles

Parking for Saint Stephen's

2.02 miles

Lot 22

2.87 miles

Broadway Food Center

1.74 miles

Save-A-Lot

1.84 miles

Erie Foods

1.94 miles

Family Food Center

1.94 miles

Stanley's Market

2.16 miles

Shopper's World

2.46 miles

Freeway Plaza

3.08 miles

Big Lots

3.54 miles

Kroger

3.78 miles

901 Madison Ave Listing Summary

  • The Price for Retail Space at 901 Madison Ave

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 901 Madison Ave, asking rent starts at $$12.00/SF/YR per square foot.

    901 Madison Ave is located in the Downtown Toledo neighborhood, which is home to a total of 3 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.

    Recent renovations also contribute to the attractiveness of a retail property, which, in turn, influences rent. 901 Madison Ave was last renovated in 2008.

  • Retail Space Options Available at 901 Madison Ave

    The property exclusively contains Retail space totaling 1,569 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 901 Madison Ave, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

  • Get to Know the Retail Scene in the Downtown Toledo Neighborhood

    901 Madison Ave is located in the Downtown Toledo neighborhood of Toledo. The Downtown Toledo retail market offers 3 retail listing(s), representing a total of 10,129 square feet of retail space for lease.

    The most common retail type in the Downtown Toledo neighborhood is Street Retail, of which the market currently offers 2 space(s).

    When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Downtown Toledo resident is 38 years old, and the median household income here is $20,734 per year.

Contact Listing Broker
broker
Rami Sebai

SVN | Ascension Commercial Realty

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