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Two-Story Storefront Property

12401 Madison Avenue, Lakewood, OH 44107

For Sale
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Vacant and substantially stripped back, the property is ready for a new commercial buildout and holds D-5 and D-6 liquor licenses.

Property Size3,132 SF
Days on Market39

Property Features for 12401 Madison Avenue

General Information

Standard status Active
Size 3,132 SF
Property subtype Retail

Property Condition

Severity Major Repairs Needed
Evidence largely gutted to a shell

Building Details

Buildings 1
Stories 2
Listing Agency: Cushman & Wakefield | CRESCO Real Estate
Listed By: Robby Martinelli · License #SAL.2014002730
Source: Crexi
Added: Oct 2 Changed: Nov 8 Last Checked: Nov 8 at 4:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | CRESCO Real Estate

Rey
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Investment Insights

Based on property information with market context.

At 12401 Madison Avenue in Lakewood, this two-story storefront property contains approximately 3,132 SF and is vacant. The interior has been largely removed, leaving a shell for redevelopment. Storefront glazing and signage along Madison Avenue are existing features. A full basement and attic provide additional space beyond the stated building area.

The property includes D-5 and D-6 liquor licenses. Its two floors could be arranged for one commercial operation; the upper level has also been identified as a possible location for two apartments, subject to any required approvals.

Key Highlights

  • Approximately 3,132 SF across two stories
  • Vacant shell with interior largely removed for redevelopment
  • D‑5 and D‑6 liquor licenses included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Accounting Firm Furniture & Home Goods Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,011
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44107, OH

51,109
Population
29,101
Households
1.8
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
9,465
Density / Sq Mi
$65,778
Median Household Income
$49,285
Median Earnings
$1,011
Median Rent
$241,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Storefront properties in Cuyahoga County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Vacant and substantially stripped back, the property is ready for a new commercial buildout and holds D-5 and D-6 liquor licenses.
Where is this storefront property located?
The property is located at 12401 Madison Avenue Lakewood, OH.
What are key features of this property?
This property features: Approximately 3,132 SF across two stories; Vacant shell with interior largely removed for redevelopment; D‑5 and D‑6 liquor licenses included
(216) 232-4104 Call to check price and availability
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