6659 N Ridge Road Madison, OH ^$ 375,000

6659 N Ridge Road

^$ 375,000

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6659 N Ridge Road

Madison, OH, 44057

^$ 375,000

Studio Baths0.0

Monthly Estimate*

^$ 2,619

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Studio

Commercial Property for sale in Madison, OH

for $375,000. This building was built in 1960 on a lot size of 0.38.

High visibility three unit retail on corner lot. Traffic tells the story here. Major east/ west corridor and local north to south traffic daily. Madison continues to grow. All tenants on leases. The Anchor tenant at this building is long-term, with upcoming renewal. Major renovation brought this building to the next level. Convenient parking on two sides. Tenants pay most of their utilities.

Commercial Contingent

Price

^$ 375,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,030

Style

Lot Size

0.38

Year Built

1960

Town/City

Madison

County/Region

Lake

MLS | Web ID

5027742

Features

General

Sewer PublicSewer

Heating ForcedAir Gas

Cooling CentralAir

Possession DeliveryOfDeed

Roof Metal Rubber TarGravel

Year Built 1960

Township Madison Twp

Property SubType Retail

Tax Year 2023

Current Use Commercial Retail

Business Type Doughnut FastFood

County Lake

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Contingency Appraisal

Garage Y/N N

Status Contingent

Directions Intersection of Hubbard (Rt 528) and North Ridge Rd. (Rt 20)

City Madison

Buyer Agent Compensation 3

View Y/N N

Senior Community Y/N N

High School District Madison LSD Lake- 4303

Zoning Description Commercial

Waterfront Y/N N

Carport Y/N N

Street Name Ridge

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 7030.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 39

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Middle/Junior School District Madison LSD Lake- 4303

Elementary School District Madison LSD Lake- 4303

Year Built Source PublicRecords

Total Actual Rent 40800.0

Property Sub Type Additional Retail

Buyer Agent Compensation Type Item1

Legal Description LOT 1 TRACT 3

Interior

Basement None

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Road

Electric On Property Y/N N

Main Level Bathrooms 0

Total Baths 0

Living Area Units SquareFeet

Exterior

Parking Features ParkingLot

Water Source Public

Lot Size Area 0.38

Spa N

Building Area Total 5041.0

Lot Size Acres 0.38

Lot Size Units Acres

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 6659

* Excluded Features

List By

Ben Drenik

Listing Agent

Keller Williams Greater Cleveland Northeast

Broker

bendrenik@kw.com

Affordability Calculator

$3,205

Per Month

Monthly Principal & Interest: $2,619
Monthly Property Taxes: $586
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Madison, OH

Average List Price ^$863,560

Percent of Sale Price 130%

About Madison, OH

3,229 Population

10% Since 2002

^$53,309 Median Income

43.11 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457483 Elementary School

4457722 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/2/2024	$375,000		Listed Price

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6659 N Ridge Road, Madison, OH, 44057 is a Commercial Property for sale at $375,000 with a lot size of 0.38. 6659 N Ridge Road is a studio with 0.0 baths and was built in 1960. The property's zip code is 44057 which is in Madison, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/16/2024.

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6659 N Ridge Road

Commercial Property for sale in Madison, OH

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