17020 Madison Ave - Apartments FOR SALE


Lakewood, OH 44107
$985,000 USD
17020 Madison Ave, Lakewood, OH for Sale
$985,000 USD
Apartments - FOR SALE
1/50
null | Request Cap Rate

17020 Madison Ave
Lakewood, OH 44107


HIGHLIGHTS

  • Downtown Location
  • Mixed Use/Multi-Family & Retail

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$91 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

17020 Madison Ave, Lakewood OH 44107

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,181 SF

ZONING

-

APN/PARCEL ID

313-21-028

ASK ABOUT THIS PROPERTY

Matt ChaseKeller WilliamsMore Info

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