15522 Madison Ave - Retail FOR SALE


Lakewood, OH 44107
$400,000 USD
440-822-6695
15522 Madison Ave, Lakewood, OH for Sale
$400,000 USD
Retail - FOR SALE
1/43
null | Request Cap Rate

15522 Madison Ave
Lakewood, OH 44107


HIGHLIGHTS

  • High foot and car traffic on highly visible Madison Avenue corridor, across from Barrio Tacos, next to GoodKing Coffee
  • 6 private off-street parking spots
  • Flexibility of use - this property could be used for health services, CPA, real estate, professional space, law offices, etc.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,355 SF

ZONING

Commercial - Retail

APN/PARCEL ID

313-27-008

ASK ABOUT THIS PROPERTY

Christopher BurnsKeller Williams Greater MetropolitanMore Info
440-822-6695

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Christopher BurnsKeller Williams Greater MetropolitanMore Info
440-822-6695

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.