Four SeaGate Office Building — Sale in Toledo, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Toledo, OH 43604

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Description

433 N Summit Street, known as the Four Seagate Building, represents a landmark office investment opportunity in the core of downtown Toledo. Positioned along the Maumee River and within Toledo’s central business district, the asset offers immediate access to government offices, legal users, financial institutions, entertainment venues, and waterfront amenities. As one of downtown’s recognizable multi-story office towers, the property benefits from strong visibility, established infrastructure, structured parking proximity, and the long-term relevance of a central location for professional tenants seeking convenience and prestige. For investors, the building presents the opportunity to acquire scale at a basis significantly below replacement cost while leveraging future leasing upside and strategic repositioning potential. The broader Toledo market continues to show resilience through its diverse employment base driven by healthcare, advanced manufacturing, logistics, higher education, and public sector employment. Northwest Ohio’s connectivity via I-75, the Ohio Turnpike, rail, and Great Lakes shipping supports long-term economic relevance, while downtown Toledo has benefited from ongoing public and private investment in residential conversions, hospitality, entertainment, and riverfront improvements. As many gateway markets remain priced aggressively relative to fundamentals, Toledo offers investors an opportunity to pursue higher yield potential with less basis risk. Four Seagate is well positioned to benefit from continued downtown momentum, tenant migration to quality space, and future adaptive reuse or mixed-use strategies if desired. Investment Highlights: • Iconic Downtown Presence – Recognizable high-rise office tower in the heart of downtown Toledo. • +/- 250,000 Square-Feet | Lease Up Potential with Upside Value | Parking Income | Reimbursements • Strategic Midwest Location – Access to Detroit, Cleveland, Chicago, and major logistics corridors.

Market Context

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