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17020 Madison Avenue Lakewood, OH $ 899,000
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$ 899,000 Get more info
17020 Madison Avenue
$ 899,000
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17020 Madison Avenue

Lakewood, OH, 44107
$ 899,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,676

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Commercial Property for sale in Lakewood, OH

for $899,000. This building was built in 1925 on a lot size of 0.1414.

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.

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Commercial Active

Price

$ 899,000

Property Type

Commercial

Taxes

$ 13,513

Style

Lot Size

0.1414

Year Built

1925

Town/City

Lakewood

County/Region

Cuyahoga

MLS | Web ID

5233468
Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling None
Possession Delivery Of Deed
Year Built 1925
Township Lakewood
Property Subtype Retail
Tax Year 2025
Current Use Multi-Family Mixed Use Retail
Community Features Laundry Facilities
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Status Active
Directions Head East toward Cleveland Exit 164 to McKinley Left onto McKinley Right onto Madison Destination if on your Left.
City Lakewood
Disclosures Owner Is Listing Agent
High School District Lakewood CSD (Cuyahoga)- 1817
Zoning Description Multi-Family
Number Of Units Total 9
Lot Size Units Acres
Tax Annual Amount 13513
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lakewood CSD (Cuyahoga)- 1817
Elementary School District Lakewood CSD (Cuyahoga)- 1817
Year Built Source Assessor
Property Sub Type Additional Mixed Use
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Interior
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Additional Parking Concrete On Site Off Street Parking Lot
Water Source Public
Lot Size Area 0.1414
Number of Buildings 1
Lot Size Acres 0.1414
Lot Size Source Public Records
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* Excluded Features
List By
Mathew P Chase

Listing Agent

Keller Williams Greater Metropolitan

Broker

matt@chasegrouprealestate.com

Email

Affordability Calculator

$6,802
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,676
Monthly Property Taxes
$1,126
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457945 Elementary School
4458065 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/9/2026$899,000 -3.85% Price Down
9/8/2026$935,000 -5.08% Price Down
8/12/2026$985,000 Listed Price

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17020 Madison Avenue, Lakewood, OH, 44107 is a Commercial Property for sale at $899,000 with a lot size of 0.1414. 17020 Madison Avenue was built in 1925. The property's zip code is 44107 which is in Lakewood, OH

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