616 Madison Avenue

Office for Sale
Catylist Listing ID: 30653259
Property Subtypes: Office Building
Building Size (RSF): 10,800 SF
Sale Price: $216,000
Unit Price: $20 PSF
Ceiling: 9 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 10,800 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2020

Overview / Comments

Subject to approval of the Lucas County Land Bank. Proof of funds required to show.

Roof replaced in 2011.

Existing furniture in place remains.

Breakroom on every floor, including basement.

2 restrooms per floor and 2 in basement.

6 furnaces, 2 A/C units.

Sprinkled and dry file storage in basement.

Opportunity Zone ID: 39095002800

Additional Details

Nearest MSA: Toledo
County: Lucas
Tax ID/APN: 12-16691
Zoning: CD
Property Located Between: Erie Street
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1905
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Other
Parking Description: Street
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,697 127,580 262,759
Median Age: 30.83 32.72 35.42
Households: 6,562 49,536 106,476
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