8400 Madison AveCleveland, OH 44102

  • Industrial properties
  • 13,187 SF
For Sale
$1,388,000 View listing

Property Details for 8400 Madison Ave

Year built
1945
Construction
WOOD
Lot size
0.56 AC
Property size (Sq ft)
13,187 SF
Zone code
SI
Property type
Industrial properties
Property subtype
Other warehouses
APN
002-21-048
APU
221048

Description

This exceptional industrial warehouse property, located at 8400 Madison Ave in Cleveland, Ohio, presents a compelling investment opportunity. Priced at $1,388,000, this 27,760 square foot building offers a versatile layout ideal for a variety of industrial uses. The property boasts approximately 1,485 square feet of office space, complemented by 26,275 square feet of warehouse space, providing ample room for operations and administration. Ceiling clearances range from 12 to 15 feet, accommodating various storage and equipment needs. The building's functionality is further enhanced by three convenient drive-in doors, facilitating efficient loading and unloading. Power is robust, suitable for heavy industrial applications. Situated in Cuyahoga County, Ohio, with a zip code of 44102, this property benefits from a strategic location within Cleveland. The property is zoned GI-B3 (General Industry) and SI-C2 (Semi-Industry), allowing for a broad range of permitted uses. This well-maintained warehouse offers a solid return on investment and is ready for immediate occupancy. The asking price of $50 per square foot reflects the property's value and potential. This is a rare opportunity to acquire a substantial industrial property in a prime Cleveland location.

8400 Madison Ave, Cleveland, Ohio

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4773
Longitude
-81.742
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,094
$7,600
$33,390
$40,990
-
$21,700
$95,400
$117,100

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