13315 MADISON AVE LAKEWOOD OH 44107-4814
Lakewood Mixed-Use Investment | Retail & Residential | 10,310 SF Income-Producing Asset
Marketing description
Prime Mixed-Use Investment Opportunity in the Heart of Lakewood
Located on highly traveled Madison Avenue in one of Northeast Ohio’s most desirable and walkable communities, this mixed-use investment property offers a compelling opportunity for investors seeking stable income and long-term appreciation.
The property consists of approximately 10,310 square feet and features a combination of retail and residential apartment units, creating diversified income streams within a single asset. Situated in a strong urban corridor surrounded by local businesses, restaurants, and residential neighborhoods, the property benefits from excellent visibility, accessibility, and consistent tenant demand.
Originally constructed in 1920 and well maintained over the years, the brick building offers classic character while providing investors with a proven income-producing asset in a highly sought-after Lakewood location.
Investment highlights
✔ Mixed-Use Income-Producing Asset
- Combination of retail and residential units
- Diversified tenant mix helps reduce investment risk
✔ Prime Lakewood Location
- Located on bustling Madison Avenue
- Dense surrounding population and strong consumer demographics
- Minutes from Downtown Cleveland and major transportation routes
✔ Over 10,000 SF Building
- Approx. 10,310 SF gross building area
- Two-story brick construction
- Well-established commercial corridor
✔ Strong Rental Demand
- Retail storefront exposure along a heavily trafficked roadway
- Residential units benefit from Lakewood’s consistently strong rental market
✔ Stable Long-Term Investment
- Opportunity for continued income generation
- Potential for future rent growth and value enhancement
✔ Classic Brick Construction
- Durable brick exterior
- Concrete foundation
- Well-maintained condition
✔ High Barrier-to-Entry Market
- Lakewood remains one of the most desirable inner-ring suburbs in Greater Cleveland
- Limited availability of mixed-use investment properties in the area
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