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    421 Madison St Russells Point, OH 43348

    For Lease
    $3,000 /Mo ($14 SF/Yr)

    COMMERCIAL - Russells Point, OH

    Property size:
    2,550 SF
    Days on Market:
    60
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 421 Madison St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    520321008003001
    Parking features
    Parking Lot
    Size
    2,550 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1997
    Building materials
    Block, Brick, Concrete

    Whitetail Properties Real Estate, LLC (217) 285-9000

    Listing agent Jennifer Simpson (614) 374-9127

    Listing date Oct 7, 2025

    Copyright © 2025 Western Regional Information Systems and Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space with Drive-Through

    This commercial property, formerly a restaurant with a drive-through, is available for lease in a high-traffic area of Indian Lake. The 2,550 sq ft space is situated across four parcels and includes two restrooms, a walk-in freezer, and a walk-in cooler. The property is suitable for a restaurant, coffee shop, or retail space. A large parking lot provides easy access, enhanced by a nearby traffic light. The location is within walking distance of a new hotel and conference center and is just steps from Indian Lake. The property is available under a Triple Net Lease for $5,000 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Russells Point
    County
    Montgomery
    State
    Ohio
    Longitude
    -83.890521
    Latitude
    40.468918

    FAQs

    What type of property is this?
    Drive through restaurant - 2,550 sq ft restaurant space with drive-through in Russells Point.
    Where is this drive through restaurant located?
    The property is located at 421 Madison St Russells Point, OH.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location in Indian Lake with excellent visibility.; - Includes drive-through, walk-in freezer, and walk-in cooler.; - Large parking lot with easy access via nearby traffic light.
    (614) 374-9127
    Request Owner's contact information
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    Russells Point, OH 43348
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    421 Madison St Russells Point, OH 43348
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