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Character Medical Office Building
For Sale
$400,000
Pending

15522 Madison Avenue, Lakewood, OH 44107

CommercialSale, Lakewood, OH

Property Size3,820 SF
Lot Size0.17 Acres
Days on Market92

Property Features for 15522 Madison Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Rooms Basement
Parking 6
Parking features Off Street, Driveway
Subdivision Rockport
Elementary school district Lakewood CSD (Cuyahoga)- 1817
Middle school district Lakewood CSD (Cuyahoga)- 1817
High school district Lakewood CSD (Cuyahoga)- 1817
Directions Sits at the NE corner of Arthur Avenue and Madison Ave.
Standard status Pending
APN 313-27-008
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 22 NEXT W OF ARTHUR DR
Tax Annual Amount 5979
Legal Description 22 NEXT W OF ARTHUR DR

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1905
Listing Agency: Keller Williams Greater Metropolitan · Keller Williams Realty
Listed By: Christopher M Burns · License #2022003089
Added: Jun 3 Changed: Sep 1 Last Checked: Sep 2 at 5:06PM
MLS# 5215080

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 15522 Madison Avenue, this vacant medical office property provides a two-level configuration with a foyer, lobby, spacious first-floor office or waiting area, and four private upstairs rooms. Two full bathrooms, original hardwood floors, and built-in features add functional and architectural detail. Forced-air heating and central air conditioning are installed.

The property occupies a 0.1722-acre lot and includes off-street parking for 4-6 vehicles, along with driveway parking and access to public street parking. Public water and public sewer serve the building. The property was built in 1905 and is positioned near Good Kind Coffee, Barrio, Vital Pilates Studio, and Buckeye Beer Engine along Madison Avenue in Lakewood.

Key Highlights

  • Two‑level medical office layout with four private upstairs rooms
  • Off‑street parking for 4‑6 vehicles plus driveway parking
  • 0.1722‑acre lot at 15522 Madison Avenue

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Daycare Center Storage Facility Parking Lot & Garage Carpet & Flooring Store

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

1,848
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • Konecny Michelle M 14587 Madison Ave, Cleveland, OH 44107
  • VCA Lakewood Animal Hospital 14587 Madison Ave, Cleveland, OH 44107
  • VCA Lakewood Animal Hospital 14587 Madison Ave, Lakewood, OH 44107
  • Dr.Lori Koenig, DVM 14587 Madison Ave, Lakewood, OH 44107
  • Curren Conni DVM 14587 Madison Ave, Cleveland, OH 44107

Frequently Asked Questions

What type of property is this?
Medical Office Space - Vacant two-level layout with private rooms, off-street parking, and original interior details.
Where is this medical office space located?
The property is located at 15522 Madison Avenue Lakewood, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑level medical office layout with four private upstairs rooms; Off‑street parking for 4‑6 vehicles plus driveway parking; 0.1722‑acre lot at 15522 Madison Avenue
More about this property
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