Warehouse District (Warehouse Entertainment District)

Toledo, OH

Neighborhood Market Analysis

Q3 2025 Report
$290,000 (May 2025)
Median Home Price
High (estimated 85–90/100); most errands, dining, and entertainment walkable.
Walkability Score
No public schools within the district; families typically attend schools in adjacent neighborhoods. School ratings vary by catchment area.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by Monroe St. to the north, Summit St. to the east, the Maumee River to the south, and Erie St. to the west. Core area includes St. Clair St. and adjacent blocks.

Zip Codes

43604

Market Data Summary

Price Range$274,900–$375,000 (active listings, July 2025)
Price per Sq Ft$222 (up 52.1% YoY)
Inventory Levels4 active listings (July 2025); 30 homes for sale in June 2025 (up 20% MoM); extremely low turnover.

Property Characteristics

Home Types & Architecture

Home Types

Converted loftsIndustrial condosMixed-use buildingsTownhomes

Architectural Styles

Industrial loftContemporary urbanHistoric warehouse conversions

Property Details

Typical Lot SizesMinimal to none (urban, multi-story buildings)
Home Age RangeLate 1800s–early 1900s (converted), some new construction (2010s–2020s)
Construction QualityGenerally high, with modern upgrades in historic shells; exposed brick, high ceilings, large windows common.

Community Profile

Demographics & Lifestyle

Demographics

Predominantly young professionals, creatives, entrepreneurs; diverse, with some empty nesters and urban retirees.

Community Vibe

Trendy, artsy, energetic; strong sense of local pride and revitalization; active nightlife and event scene.

Typical Residents

  • Young professionals
  • Artists/creatives
  • Entrepreneurs
  • Empty nesters

Family Friendly

Limited; few single-family homes or playgrounds; more suited to singles, couples, and empty nesters.

Amenities & Lifestyle

Parks & Recreation

  • Promenade Park (riverfront)
  • Middlegrounds Metropark

Dining Options

  • Upscale restaurants
  • Gastropubs
  • Brewpubs
  • Cafés

Shopping Centers

  • Boutique shops
  • No large malls; close to downtown retail

Local Businesses

  • Coffee shops
  • Art galleries
  • Boutique retailers
  • Fitness studios

Education & Schools

No public schools within the district; families typically attend schools in adjacent neighborhoods. School ratings vary by catchment area.
Overall School Rating

Elementary Schools

    Middle Schools

      High Schools

        Private Schools

          Transportation & Accessibility

          Transit & Roads

          Public Transit

          • TARTA bus lines (multiple routes through downtown)

          Major Roads

          • Monroe St.
          • Summit St.
          • Erie St.

          Commute & Walkability

          Commute Times5–10 minutes to central downtown; 15–20 minutes to suburbs; easy highway access.
          WalkabilityExcellent for downtown; most errands and entertainment walkable.
          ParkingLimited street parking; some buildings offer private/garage parking; parking can be a challenge during events.

          Marketing Intelligence

          Target Buyer Types

          • Young professionals
          • Empty nesters
          • Investors
          • Remote workers

          Key Selling Points

          • Historic loft conversions
          • Walkable to downtown and riverfront
          • Thriving arts and dining scene
          • Strong appreciation potential

          Pricing Considerations

          Price aggressively due to low inventory and high demand; highlight recent appreciation in comps.

          Common Objections & Response Strategies

          Objection: No public schools in the district

          Response Strategy:

          Highlight proximity to schools in adjacent neighborhoods and suitability for buyers without school-age children.

          Objection: Limited parking

          Response Strategy:

          Emphasize available garage/assigned parking where present and walkability to most amenities.

          Objection: Noise from nightlife/events

          Response Strategy:

          Point out soundproofing in newer conversions and the vibrant urban lifestyle as a feature.

          Objection: Higher price per square foot than city average

          Response Strategy:

          Justify with unique historic character, location, and strong appreciation trends.

          Investment Insights

          Investment Potential

          Appreciation Potential

          High, with 17–27% YoY growth recently; strong demand for unique urban properties.

          Rental Demand

          Strong, especially for lofts and short-term rentals; popular with young professionals and traveling executives.

          Buyer Competition

          High; low inventory and quick sales (11 days on market).

          Best For

          • Investors seeking appreciation
          • Buyers wanting urban lifestyle
          • Short-term rental operators

          Potential Concerns

          • Limited family amenities
          • Noise from nightlife
          • Parking constraints

          Professional Recommendations

          1

          Leverage recent sales and appreciation data to justify pricing.

          2

          Stage properties to highlight unique loft features and urban views.

          3

          Network with local businesses and event organizers to market lifestyle.

          4

          Educate buyers on parking, noise, and school realities up front.

          5

          Target marketing to remote workers and investors as well as local buyers.

          6

          Monitor upcoming developments and city plans for future value drivers.

          Competitive Analysis

          Comparable Markets

          • Downtown Toledo
          • Uptown District
          • Old West End

          Market Positioning

          Premium urban lifestyle enclave within Toledo; attracts buyers seeking historic character and city living.

          Competitive Advantages

          • Unique loft inventory
          • Best walkability in Toledo
          • Strong arts/culture scene

          Price Comparison

          Significantly higher than Toledo median ($113,533 citywide vs. $290,000 in Warehouse District); reflects premium for location and property type.

          Investment Metrics

          Estimated 6–7% for long-term rentals; higher for short-term rentals (Airbnb/VRBO).
          Cap Rates
          Above city average due to high demand and premium rents.
          Rental Yields
          Favors investors seeking appreciation and cash flow; higher than city average but offset by rental demand.
          Price-to-Rent
          Strong for well-located lofts and short-term rentals; moderate for owner-occupants.
          Cash Flow
          Continued above-average growth expected as downtown revitalization continues.
          Appreciation

          Buyer Journey Insights

          First-Time Buyers

          Appealing for those seeking urban lifestyle; may be priced out compared to city average.

          Move-Up Buyers

          Attractive for buyers upgrading from suburban condos or seeking unique properties.

          Downsizers

          Popular with empty nesters wanting walkable, low-maintenance living.

          Investors

          High competition but strong returns; short-term rental potential.

          Relocators

          Appealing for professionals moving to Toledo for downtown employers or remote work.

          This neighborhood analysis was generated using hyperlocal data and AI intelligence.

          Neighborhood conditions change - consult with local real estate professionals for the most current information.

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