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$ 650,000
Est. payment /mo
Price Dropped by $49K
13614 Madison AVE Lakewood, OH 44107
6,612 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Athanas-Geist
MLS Listing ID 5107403
HOA Y/N No
Year Built 1921
Annual Tax Amount $9,089
Tax Year 2024
Lot Size 6,612 Sqft
Acres 0.1518
Property Sub-Type Retail
Property Description
This well-maintained commercial property offers a fantastic investment with steady rental income. The first floor is fully leased to a national dental provider, ensuring a reliable revenue stream. The second floor features two occupied apartments, each approximately 1,000 sq. ft. with 2 bedrooms and 1 bathroom—one rented at $1,000/month and the other at $800/month. The property also includes a large rear garage and on-site parking, with additional leased parking across the street. Whether you're an investor seeking a strong cash-flowing asset or an owner looking for a mixed-use opportunity, this property is a must-see! Possible Owner financing!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Present Use Medical/Dental,Residential
Building
Sewer Public Sewer
Water Public
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 315-03-026
Listed by Pete Formica • Keller Williams Elevate • pete@safeharborteam.com 440-399-1270