Commercial Real Estate for Sale at 16808 Madison Avenue in Lakewood, OH for $999,000

Listing data updated March 21, 2025 - 9:27pm
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16808 Madison Avenue | Lakewood

$999,000 | 0.0 Sq. Ft.

Looking for a prime investment property with exceptional cash flow? This building delivers on all fronts. Over the past eight years, the building has been extensively renovated, including a new roof, heating, plumbing, and electrical systems. Plus, each unit is thoughtfully updated, down to the studs, to enhance tenant satisfaction and retention, resulting in a fully occupied building with a stable and predictable income stream. Lakewood MLSNow 5074653

Directions to property: Located on the north side of Madison Avenue

MLS Listing ID: 
MLSNow 5074653
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$999,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Lakewood
Address: 
16808 Madison Avenue, Lakewood, OH 44107
County: 
Cuyahoga
Latitude: 
41.4777760
Longitude: 
-81.8143380
Directions: 
Located on the north side of Madison Avenue
Public Remarks: 
Looking for a prime investment property with exceptional cash flow? This building delivers on all fronts. Over the past eight years, the building has been extensively renovated, including a new roof, heating, plumbing, and electrical systems. Plus, each unit is thoughtfully updated, down to the studs, to enhance tenant satisfaction and retention, resulting in a fully occupied building with a stable and predictable income stream. Lakewood
Community Information
School District: 
Lakewood CSD (Cuyahoga)- 1817
Subdivision: 
Mathew & Gilbert
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1920
Living Area: 
0.0
Basement: 
Apartment
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: 
Hot Water,Steam
Cooling System: 
Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.13
Lot Size (Area): 
0.13
Lot Features
Parking Type: 
Asphalt,Concrete,On Site,Parking Lot
Total Parking Spaces: 
8
Public Record
Parcel Number: 
313-21-022
Annual Tax: 
$7,786.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Scott Carpenter
Listing Office Name: 
Keller Williams Greater Metropolitan

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