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15522 Madison Ave 3,800 SF Retail Building Lakewood, OH 44107 $553,812 CAD ($145.74 CAD/SF)
Investment Highlights
- High foot and car traffic on highly visible Madison Avenue corridor, across from Barrio Tacos, next to GoodKing Coffee
- Flexibility of use - this property could be used for health services, CPA, real estate, professional space, law offices, etc.
- 6 private off-street parking spots
Executive Summary
Exceptional owner-use or investment opportunity in the heart of Lakewood's thriving Madison Avenue business district. Positioned on one of the city's most walkable and highly visible commercial corridors, this property offers approximately 3,820 SF on a 7,500 SF lot with rare off-street parking for 4-6 vehicles plus convenient access to street parking. Formerly operated as a professional wellness office, the property features a lobby area just past the foyer, a large private first floor office or waiting room area, four private upstairs rooms or offices, two full bathrooms, original hardwood floors, built-ins, and architectural character rarely found in today's commercial inventory. The flexible layout is well-suited for a wide range of professional, wellness, medical-adjacent, beauty, design, legal, accounting, consulting, or service-based businesses. The current configuration also presents an attractive opportunity for shared office suites or multi-tenant occupancy. Located just steps from Good Kind Coffee, Barrio, Vital Pilates Studio, and Buckeye Beer Engine, this property benefits from consistent pedestrian activity and strong neighborhood visibility. Previous ownership successfully generated income through individually leased treatment rooms, and operating history is available upon request. Vacant and available for immediate occupancy, this property offers a unique opportunity for business owners, investors, or entrepreneurs seeking a character-rich commercial space in one of Northeast Ohio's most desirable business districts.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
3,800 SF
Year Built
1905
Price
$553,812 CAD
Price Per SF
$145.74 CAD
Building Height
3 Stories
Building FAR
0.51
Lot Size
0.17 AC
Zoning
Commercial - Retail - Commercial - Retail
Frontage
50’ on Madison Ave
Amenities
- Corner Lot
- Air Conditioning
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 313-27-008 | Total Assessment | $126,235 CAD |
| Land Assessment | $27,088 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $99,146 CAD | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
313-27-008
Land Assessment
$27,088 CAD
Improvements Assessment
$99,146 CAD
Total Assessment
$126,235 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025 Payable 2026
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Keller Williams Greater Metropolitan
15522 Madison Ave
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