Commercial Real Estate for Sale at 9222-26 Madison Avenue in Cleveland, OH for $440,000

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9222-26 Madison Avenue | Cleveland

$440,000 | 0.0 Sq. Ft.

Prime Investment Opportunity \u2013 2 Buildings on One Parcel in Madison Area 9222-9224 Madison Ave and 1987-1989 W. 93rd.\r\nSeize the chance to own a versatile, income-producing property in the growing Madison area! This unique parcel features two buildings with 4 fully leased residential units and 2 white-box retail spaces ready for your vision. Lead Certification. 9222-24 Madison has 2 units with 3 bedrooms 1 bath. 1987-89 W. 93d has 2 units with 3 bedrooms and 1.5 baths. ADT security system in retail space.\r\nCurrent Annual Rental Income: $52,800 from residential tenants\r\nAdditional Retail Potential: Two vacant retail units can easily generate $1,600\u002B per month once leased\r\nValue-Add Opportunity: Adjacent lots available through the Cuyahoga Land Bank at a minimal cost \u2013 expand, redevelop, or create additional parking\r\nPrime Location: High-visibility area with strong foot and vehicle traffic\r\nEndless Possibilities: Ideal for an investor looking to increase income, a developer seeking a multi-use project, or an owner-occupant ready to put their business front and center\r\nWith solid residential income already in place and retail spaces ready for tenants, this property offers immediate cash flow with room to grow.\r\nCall today to schedule a showing and explore the potential! MLSNow 5147097 Directions to property: Madison and W. 93rd.

MLS Listing ID: 
MLSNow 5147097
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$440,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Mixed Use
Primary Market Area: 
Cleveland
Address: 
9222-26 Madison Avenue, Cleveland, OH 44102
County: 
Cuyahoga
Latitude: 
41.4773740
Longitude: 
-81.7474650
Directions: 
Madison and W. 93rd.
Public Remarks: 
Prime Investment Opportunity \u2013 2 Buildings on One Parcel in Madison Area 9222-9224 Madison Ave and 1987-1989 W. 93rd.\r\nSeize the chance to own a versatile, income-producing property in the growing Madison area! This unique parcel features two buildings with 4 fully leased residential units and 2 white-box retail spaces ready for your vision. Lead Certification. 9222-24 Madison has 2 units with 3 bedrooms 1 bath. 1987-89 W. 93d has 2 units with 3 bedrooms and 1.5 baths. ADT security system in retail space.\r\nCurrent Annual Rental Income: $52,800 from residential tenants\r\nAdditional Retail Potential: Two vacant retail units can easily generate $1,600\u002B per month once leased\r\nValue-Add Opportunity: Adjacent lots available through the Cuyahoga Land Bank at a minimal cost \u2013 expand, redevelop, or create additional parking\r\nPrime Location: High-visibility area with strong foot and vehicle traffic\r\nEndless Possibilities: Ideal for an investor looking to increase income, a developer seeking a multi-use project, or an owner-occupant ready to put their business front and center\r\nWith solid residential income already in place and retail spaces ready for tenants, this property offers immediate cash flow with room to grow.\r\nCall today to schedule a showing and explore the potential!
Community Information
School District: 
Cleveland Municipal - 1809
Building Details
Details about the building on a property.
Year Built: 
1910
Living Area: 
0.0
Basement: 
Unfinished
Construction
Roof: 
Flat
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: 
5,240
Lot Size (Area): 
5,240
Lot Features
Parking Type: 
Assigned,Paved,On Street
Total Parking Spaces: 
1
Fence: 
Chain Link
Public Record
Parcel Number: 
001-30-021
Annual Tax: 
$9,180.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Home Suite Home Property Management

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