13614 Madison Avenue, Lakewood, OH 44107

$590,000

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Sold Price
$590,000
List Price
$650,000
Status
CLOSED
Days on Market
115
Closing Date
Jul 11, 2025
MLS#
5107403
Subtype
Commercial Sale
Year Built
1921
Acres
0.15
Subdivision
Athanas-Geist
Neighborhood
Athanas-Geist
MLS Area Major
Lakewood

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!

Additional Information

Taxes
$9,089
Zoning
Commercial
Heating
Forced Air
School District
Lakewood CSD (Cuyahoga)- 1817

Listing Courtesy of: Pete Formica, pete@safeharborteam.com With Keller Williams Elevate

Selling Office: EXP Realty, LLC..

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