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Highlights

  • Historic 10-story landmark building
  • Approximately 250,000 SF adaptive reuse building
  • Active first-floor commercial spaces are available
  • Part of a multi-phase historical redevelopment project to rehab the Spitzer, Nicholas, and Nasby buildings
  • Mixed-use concept for multi-family and retail businesses
  • Amenities include rooftop deck, basement pool, fitness center, and shared community gathering spaces

All Available Spaces(3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Lower Level
  • 3,800-5,600 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • -
  • July 01, 2027
  • 3,800 - 5,600 SF demisable space available
  • 1st Floor
  • 700-6,500 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office/Retail
  • Partial Build-Out
  • July 01, 2027
  • 2nd Floor
  • 18,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • July 01, 2027
  • Mostly Open Floor Plan Layout
  • Open office layout with private offices
  • Staff locker rooms included
  • Staff lounge and kitchen facilities
  • 18,000 SF available on 2nd floor
  • Multiple conference rooms available
  • Reception and lobby area
Space Size Term Rental Rate Space Use Build-Out Available
Lower Level 3,800-5,600 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office - July 01, 2027
1st Floor 700-6,500 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office/Retail Partial Build-Out July 01, 2027
2nd Floor 18,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out July 01, 2027

Lower Level

Size
3,800-5,600 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Build-Out
-
Available
July 01, 2027

1st Floor

Size
700-6,500 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office/Retail
Build-Out
Partial Build-Out
Available
July 01, 2027

2nd Floor

Size
18,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Build-Out
Full Build-Out
Available
July 01, 2027

Lower Level

Size 3,800-5,600 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Build-Out -
Available July 01, 2027

  • 3,800 - 5,600 SF demisable space available

1st Floor

Size 700-6,500 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office/Retail
Build-Out Partial Build-Out
Available July 01, 2027

2nd Floor

Size 18,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Build-Out Full Build-Out
Available July 01, 2027

  • Mostly Open Floor Plan Layout
  • 18,000 SF available on 2nd floor
  • Open office layout with private offices
  • Multiple conference rooms available
  • Staff locker rooms included
  • Reception and lobby area
  • Staff lounge and kitchen facilities

Property Overview

The Spitzer building is being remodeled and seeking tenants for multi-family and retail businesses. This is Phase 1 of the Four Corners District redevelopment by RKP Group. Originally built in 1896 with a 1904 addition, the 250,000 SF historic landmark is being converted into approximately 162 attainable housing units with active ground-floor commercial space for restaurants, shops, and neighborhood-serving businesses. Target completion is Q3 2027 and total development cost is $93.3 million.

  • Fitness Center
  • Waterfront
  • Wheelchair Accessible
  • Roof Terrace
  • Air Conditioning
  • On-Site Security Staff

Property Facts

Building Type
Office
Year Built
1895
Building Height
10 Stories
Building Size
250,000 SF
Building Class
B
Typical Floor Size
22,727 SF
Unfinished Ceiling Height
11’
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
  • Listing ID: 41456654

  • Date on Market: 7/28/2026

  • Last Updated:

  • Address: 518-520 Madison Ave, Toledo, OH 43604

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