9222-26 Madison Avenue , Cleveland, OH 44102

$399,900.00
  • 9222-26 Madison Avenue , Cleveland, OH 44102 Main Photo
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New to the Market Active
MLS#5190318
STATUSActive PROPERTY TYPECommercial - Business SCHOOLCleveland Municipal - 1809

Property Description

Prime Investment Opportunity 2 Buildings on One Parcel in Madison Area 9222-9224 Madison Ave and 1987-1989 W. 93rd. Seize 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. Current Annual Rental Income: $52,800 from residential tenants Additional Retail Potential: Two vacant retail units can easily generate $1,600+ per month once leased Value-Add Opportunity: Adjacent lots available through the Cuyahoga Land Bank at a minimal cost expand, redevelop, or create additional parking Prime Location: High-visibility area with strong foot and vehicle traffic Endless 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 With solid residential income already in place and retail spaces ready for tenants, this property offers immediate cash flow with room to grow. Call today to schedule a showing and explore the potential!

Property Features

Property Type: Commercial - Business
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Forced Air, Gas
Lot Size: 5 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $9,215 / year
Year Built: 1910

Feature Descriptions

Fencing: Chain Link
Lot Dimensions:
Parcel#: 001-30-021
Parking: Assigned, Paved, On Street
Security: Security System
Sewer: Public Sewer
Units: 6
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Home Suite Home Property Management
Agency Contact: 216-862-1005, homesuitehomepm@gmail.com

Shown By

Agency Title: ERA Lentz Associates
Agency Phone: 440-842-7171

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