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Commercial Real Estate for Sale at 17020 Madison Avenue in Lakewood, OH for $899,000

Listing data last changed 09/09/2026 - 2:23pm
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17020 Madison Avenue | Lakewood

$899,000 | 0.0 Sq. Ft.

Rented Commercial Investment | Lakewood, OH\r\nPrime 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\u2019s 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. MLSNow 5233468 Directions to property: Head East toward Cleveland, Exit 164 to McKinley, Left onto McKinley, Right onto Madison, Destination if on your Left.

MLS Listing ID: 
MLSNow 5233468
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$899,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Retail
Primary Market Area: 
Lakewood
Address: 
17020 Madison Avenue, Lakewood, OH 44107
County: 
Cuyahoga
Latitude: 
41.4777301
Longitude: 
-81.8157017
Directions: 
Head East toward Cleveland, Exit 164 to McKinley, Left onto McKinley, Right onto Madison, Destination if on your Left.
Public Remarks: 
Rented Commercial Investment | Lakewood, OH\r\nPrime 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\u2019s 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.
Community Information
School District: 
Lakewood CSD (Cuyahoga)- 1817
Community Features: 
Laundry Facilities
Building Details
Details about the building on a property.
Year Built: 
1925
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.14
Lot Size (Area): 
0.14
Lot Features
Parking Type: 
Additional Parking,Concrete,On Site,Off Street,Parking Lot
Public Record
Parcel Number: 
313-21-028
Annual Tax: 
$13,513.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Owner Is Listing Agent
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Greater Metropolitan

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