Listing Agency: CITIROC Real Estate

Listed By: Eric Purcell · License #2015003222

Source: Crexi

Added: Mar 9 Changed: Aug 30 Last Checked: Aug 30 at 12:36AM

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Investment Insights

Based on property information with market context.

This conventional restaurant property has operated for 15 years at 12906 Madison Ave in Lakewood, Ohio. The offering is suited to continued restaurant use, with an established operating history at the site.

The property is located in Lakewood, OH 44107, providing a defined address for operators seeking a restaurant location in the area.

Key Highlights

• 15‑year operating history
• Located at 12906 Madison Ave, Lakewood, OH 44107
• Conventional restaurant property

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Auto Parts Store Spa & Massage Center Accounting Firm

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

927

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Operating restaurant property with a 15-year history on Madison Avenue in Lakewood.

Where is this conventional restaurant located?

The property is located at 12906 Madison Ave Lakewood, OH.

What are key features of this property?

This property features: 15‑year operating history; Located at 12906 Madison Ave, Lakewood, OH 44107; Conventional restaurant property