Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Retail and Office Storefront Title is generated by Realmo AI

    13375 Madison Avenue, Lakewood, OH 44107

    View on Map
    Claim this Listing
    New
    For Lease
    Contact for pricing

    Two connected corner storefronts offer separate entrances, natural light, central air, and restroom facilities for flexible service uses.

    Type:Retail
    Property size:
    1,928 SF
    Added:
    Jun 3, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 6 at 5:00 am

    Property Features for 13375 Madison Avenue

    General Information

    Standard status
    Active
    Size
    1,928 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1922

    Spaces For Lease

    at 13375 Madison Avenue Contact us

    We can help!

    Listing Contact
    Oliver Moreau

    Listing agent Oliver Moreau License #2023002245

    Listing office Progressive Urban Real Estate

    Listing date Jun 3, 2026

    Source Crexi

    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 Progressive Urban Real Estate

    HighLights

    • 1,928 SF commercial space with two connected corner storefronts and separate entrances
    • Expansive corner windows for natural light
    • Central air and multiple reception/work areas with flexible layout for various service uses
    • Two restrooms available
    • Extensive basement storage
    • Hardwood and laminate flooring with industrial‑style Edison lighting

    Overview

    This 1,928 SF commercial storefront suite features two connected storefronts with separate entrances. The space includes expansive corner windows for natural light, central air, and two restrooms. Interior finishes include hardwood and laminate flooring, with industrial-style Edison lighting. The layout supports multiple reception and work areas, along with extensive basement storage for day-to-day back-of-house needs.

    The property is positioned on Madison Avenue in Lakewood’s business district, with visibility created by its corner configuration and large storefront windows. While the surrounding mix is described generally as restaurants, bars, entertainment, and established local businesses, the suite’s emphasis is on foot-traffic-oriented presence along a main retail corridor.

    The configuration is well suited for a range of tenant types that need both customer-facing space and practical workflow areas, including retail, office, salon, studio, wellness, showroom, or service-based businesses. With central air, two restrooms, and substantial storage, the suite can support daily operations for a single user or an operator seeking a flexible front-of-house plan.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • cottage of flowers — 14519 Madison Ave, Lakewood, OH 44107
    • Blossom Flower Bar — 14526 Detroit Ave, Lakewood, OH 44107
    • Vase To Vase — 1390 Bonnieview Ave, Cleveland, OH 44107

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.7845943
    Latitude
    41.4769153

    Nearby Similar for Lease

    • $175,000 SF/Yr

      Lakewood Commercial Property For Lease

      Commercial property in a high-traffic area, ideal for various businesses.
      15111-15121 Detroit Avenue, Lakewood, OH 44107
      View Details
    • $3,200/Mo

      Corner Retail Storefront

      Corner storefront retail space on Madison Avenue, positioned for convenient street-level access in Lakewood.
      13375 Madison Avenue, Lakewood, OH 44107
      View Details
    • $1,800/Mo
      1,200 SF

      Office Space with Private Parking

      All-inclusive office space featuring exposed brick and private parking.
      18611 Detroit Ave, Lakewood, OH
      View Details
    • $8,000/Mo
      3,200 SF

      Renovated Mixed-Use Property For Rent

      Three-building site suitable for retail, office, or restaurant use.
      17919 Detroit Ave, Lakewood, OH, 44107-3415
      View Details
    • $2,163/Mo
      856 SF

      Renovated Office and Retail Suites

      First-class office/retail suites with new finishes, available 2/1/2025.
      14414 Detroit Ave, Lakewood, OH
      View Details
    • Contact for pricing
      934 SF

      Office Space in Lakewood, OH

      934 sqft office space available for rent in Lakewood.
      1435 Warren Rd, Lakewood, OH 44107
      View Details
    • Contact for pricing

      Lakewood Office Space For Rent

      Eclectic office space in historical building, utilities included.
      18611 Detroit Ave, Lakewood, OH 44107
      View Details
    • Contact for pricing
      30,000 SF

      Lakewood Mixed-Use Retail Opportunity

      New retail spaces in a transformative mixed-use project.
      14501-14519 Detroit Ave, Lakewood, OH
      View Details
    • Contact for pricing
      3,020 SF

      Top-Floor Office Space Available

      3,020 sq ft office space with panoramic views.
      14600 Detroit Ave, Lakewood, OH
      View Details
    • $5 SF/Yr
      50,000 SF

      Lakewood Warehouse Space Available

      50000 SF warehouse space for lease in Lakewood, OH.
      12500 Berea Rd, Lakewood, OH
      View Details
    • $72 SF/Yr
      965 SF

      Downtown Lakewood Office and Retail

      Five-story office and retail building in downtown Lakewood, Ohio.
      14805 Detroit Ave, Lakewood, OH 44107
      View Details
    • $22 SF/Yr
      3,732 SF

      Lakewood Retail and Office Space

      Retail and office spaces for lease in Lakewood, Ohio.
      16300-16400 Detroit Ave, Lakewood, OH
      View Details

    FAQs

    What type of property is this?
    Storefront property - Two connected corner storefronts offer separate entrances, natural light, central air, and restroom facilities for flexible service uses.
    Where is this storefront property located?
    The property is located at 13375 Madison Avenue Lakewood, OH.
    What are key features of this property?
    This property features: 1,928 SF commercial space with two connected corner storefronts and separate entrances; Expansive corner windows for natural light; Central air and multiple reception/work areas with flexible layout for various service uses
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Oliver Moreau
    Real Estate License ID: 2023002245
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    13375 Madison Avenue, Lakewood, OH 44107
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!