50
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$899,000
Est. payment /mo
6,159 Sqft Lot
Price Dropped by $36K
17020 Madison AVE Lakewood, OH 44107
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5233468
HOA Y/N No
Year Built 1925
Annual Tax Amount $13,513
Tax Year 2025
Lot Size 6,159 Sqft
Acres 0.1414
Property Sub-Type Retail
Property Description
Rented Commercial Investment | Lakewood, OH
Prime income-producing commercial property in the heart of Lakewood, offering immediate rental income. The property features 6 apartments and 3 storefronts, providing a strong mix of residential and commercial income. The apartments include one 3-bedroom, one 2-bedroom, and four 1-bedroom units. One established business currently occupies two of the three storefronts. Ideally located near Lakewood's vibrant downtown, shops, restaurants, parks, and entertainment, with convenient access to Lake Erie, Edgewater Park, Gordon Park, and downtown Cleveland. Just a short distance from Cleveland, this is an excellent opportunity for investors seeking a turnkey commercial property in a highly desirable location.
Prime income-producing commercial property in the heart of Lakewood, offering immediate rental income. The property features 6 apartments and 3 storefronts, providing a strong mix of residential and commercial income. The apartments include one 3-bedroom, one 2-bedroom, and four 1-bedroom units. One established business currently occupies two of the three storefronts. Ideally located near Lakewood's vibrant downtown, shops, restaurants, parks, and entertainment, with convenient access to Lake Erie, Edgewater Park, Gordon Park, and downtown Cleveland. Just a short distance from Cleveland, this is an excellent opportunity for investors seeking a turnkey commercial property in a highly desirable location.
Location
State OH
County Cuyahoga
Community Laundry Facilities
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Additional Parking, Concrete, On Site, Off Street, Parking Lot
Community Features Laundry Facilities
Water Access Desc Public
Present Use Multi-Family,Mixed Use,Retail
Building
Sewer Public Sewer
Water Public
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 313-21-028
Special Listing Condition Real Estate Owned
Listed by Mathew P Chase • Keller Williams Greater Metropolitan • matt@chasegrouprealestate.com, 440-452-2000
NEARBY SCHOOL & BUSINESS
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