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Former Restaurant with Drive-Through
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421 Madison Street, Washington Township, OH 43348

2,550 sq ft commercial property in high-traffic area.

Property Size2,550 SF
Price / SF$105.49
Days on Market671

Property Features for 421 Madison Street

General Information

Standard status Active
Size 2,550 SF
Property subtype Retail

Building Details

Year Built 1997
Listing Agency: Howard Hanna Real Estate Svcs
Listed By: Jennifer Simpson · License #2012002027
Source: Crexi
Added: Nov 10, 2024 Changed: Aug 14 Last Checked: Sep 12 at 5:21AM

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 Howard Hanna Real Estate Svcs

Investment Insights

Based on property information with market context.

This 2,550 sq ft commercial property, formerly a restaurant with a drive-through, is located in a high-traffic area in Indian Lake. The property includes two restrooms, a walk-in freezer, and a walk-in cooler. It is situated on four parcels and features a large parking lot with easy access due to a nearby traffic light. The location offers visibility and potential for various uses, including a restaurant, coffee shop, or retail space. The property is within walking distance of a new hotel and conference center and is located steps from Indian Lake. It is suitable for a thriving business in a vibrant area.

Key Highlights

  • High‑traffic location in Indian Lake with excellent visibility.
  • Includes a drive‑through, walk‑in freezer, and walk‑in cooler.
  • Large parking lot with easy access via a traffic light.

Property Analytics

Current Use

Drive through restaurants

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby
42k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Shops & Services 43%
McDonald's Dining
18,222 visits/mo 0.4 miles
Marathon Shops & Services
13,214 visits/mo 0.4 miles
Huntington Bank Shops & Services
3,592 visits/mo 0.4 miles
SUBWAY Dining
3,350 visits/mo 0.3 miles
Cassano's Dining
2,167 visits/mo 0.4 miles

Demographics for 43348, OH

1,880
Population
1,498
Households
1.3
Avg Household Size
47
Median Age
18%
College-Educated
86%
High-School Grad
2.3 sq mi
ZIP Area
817
Density / Sq Mi
$50,658
Median Household Income
$32,132
Median Earnings
$763
Median Rent
$147,900
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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - 2,550 sq ft commercial property in high-traffic area.
Where is this drive through restaurant located?
The property is located at 421 Madison Street Washington Township, OH.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: High‑traffic location in Indian Lake with excellent visibility.; Includes a drive‑through, walk‑in freezer, and walk‑in cooler.; Large parking lot with easy access via a traffic light.
More about this property
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