9222-26 Madison AVE Cleveland, OH 44102
5,240 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5147097
HOA Y/N No
Year Built 1910
Annual Tax Amount $9,180
Tax Year 2024
Lot Size 5240.000 Acres
Acres 5240.0
Property Sub-Type Mixed Use
Property Description
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!
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Assigned, Paved, On Street
Fence Chain Link
Water Access Desc Public
Roof Type Flat
Total Parking Spaces 1
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 001-30-021
Security Features Security System
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
- 8
Clark PreK-8 School
Public | PK - 8
- 6
Emerson Elementary School
Public | PK - 5
- 6
Denison School
Public | PK - 8
- 5
James A. Garfield School
Public | PK - 8
- 5
Louisa May Alcott Elementary School
Public | KG - 5
- 5
Constellation Schools: Stockyard Community Elementary School
Public | KG - 6
- 5
Near West Intergenerational School
Public | KG - 6
- 5
Constellation Schools: Old Brooklyn Community Elementary School
Public | KG - 4
- 5
Constellation Schools: Old Brooklyn Community Middle School
Public | 5 - 8
- 5
Charles A. Mooney School
Public | PK - 8
- 4
Artemus Ward School
Public | PK - 8
- 4
Harrison Elementary School
Public | PK - 5
- 4
Almira PreK-8 Academy
Public | PK - 8
- 4
Wilbur Wright School
Public | PK - 8
- 4
Constellation Schools: Westside Community School of The Arts
Public | KG - 8
- 4
Orchard STEM School
Public | PK - 8
- 4
Joseph M. Gallagher School
Public | PK - 8
- 4
Halle School
Public | PK - 8
- 4
Walton PreK-8 School
Public | PK - 8
- 3
Hope Academy Northwest Campus
Public | KG - 8
- 6
Garfield Middle School
Public | 6 - 8
- 2
Constellation Schools: Stockyard Community Middle School
Public | 7 - 8
- 0
Carl F Shuler
Public | 8 - 9
- 6
Lakewood High School
Public | 9 - 12
- 3
New Technology West
Public | 9 - 12
- 2
John Marshall High School
Public | 9 - 12
- 2
Max S. Hayes High School
Public | 9 - 12
- 1
Garrett Morgan School of Engineering & Innovation
Public | 9 - 12
- 1
Lincoln-West High School
Public | 9 - 12
- 0
Thurgood Marshall High School
Public | 9 - 12
- 0
St Edward High School
Private | 9 - 12
- 0
Lake Erie International High School
Public | 9 - 12
- 0
Frederick Douglass Reclamation Academy
Public | 9 - 12
- 0
Facing History High School@Charles Mooney
Public | 9 - 10