MLS#5233468
STATUSActive
PROPERTY TYPECommercial - Retail
SCHOOLLakewood City
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.
Property Features
Property Type: Commercial - Retail
Basement: Yes
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.14 Acres
Taxes: $13,513 / year
Year Built: 1925
Feature Descriptions
Community Features: Laundry Facilities
Days on Site: 3
Parcel#: 313-21-028
Parking: Additional Parking, Concrete, On Site, Off Street, Parking Lot
Sewer: Public Sewer
Units: 9
Water: Public
Local Schools
School District: Lakewood City
Listed By / Shown By
Listed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: matt@chasegrouprealestate.com, 440-452-2000
Shown By
Agency Title: DeHOFF REALTORS
Agency Phone: 330-499-8153
17020 Madison Avenue | MLS# 5233468
This commercial property located at 17020 Madison Avenue, Lakewood, OH 44107 is currently listed for sale with an asking price of $985,000. Madison Avenue is located within the Lakewood City school district. Search Lakewood real estate on www.dehoff.com today.