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13315-13317 Madison Ave
Lakewood, OH 44107
Retail Property For Sale
Investment Highlights
- Mixed-Use Income-Producing Asset
- Stable Long-Term Investment
- Prime Lakewood Location
Executive Summary
Prime Mixed-Use Investment Opportunity in the Heart of Lakewood
Located on highly traveled Madison Avenue in one of Northeast Ohio’s most desirable and walkable communities, this mixed-use investment property offers a compelling opportunity for investors seeking stable income and long-term appreciation.?
The property consists of approximately 10,310 square feet and features a combination of retail and residential apartment units, creating diversified income streams within a single asset.? Situated in a strong urban corridor surrounded by local businesses, restaurants, and residential neighborhoods, the property benefits from excellent visibility, accessibility, and consistent tenant demand.?
Originally constructed in 1920 and well maintained over the years, the brick building offers classic character while providing investors with a proven income-producing asset in a highly sought-after Lakewood location.
6 residential units, with one vacancy. One law office on first floor
Located on highly traveled Madison Avenue in one of Northeast Ohio’s most desirable and walkable communities, this mixed-use investment property offers a compelling opportunity for investors seeking stable income and long-term appreciation.?
The property consists of approximately 10,310 square feet and features a combination of retail and residential apartment units, creating diversified income streams within a single asset.? Situated in a strong urban corridor surrounded by local businesses, restaurants, and residential neighborhoods, the property benefits from excellent visibility, accessibility, and consistent tenant demand.?
Originally constructed in 1920 and well maintained over the years, the brick building offers classic character while providing investors with a proven income-producing asset in a highly sought-after Lakewood location.
6 residential units, with one vacancy. One law office on first floor
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,073 SF
Building Class
C
Year Built
1920
Price
$958,363 CAD
Price Per SF
$105.63 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
1.89
Lot Size
0.11 AC
Zoning
C2
Frontage
Property Taxes
| Parcel Number | 315-18-017 | Improvements Assessment | $255,738 CAD |
| Land Assessment | $11,380 CAD | Total Assessment | $267,118 CAD |
Property Taxes
Parcel Number
315-18-017
Land Assessment
$11,380 CAD
Improvements Assessment
$255,738 CAD
Total Assessment
$267,118 CAD
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