5267 N Ridge RoadMadison, OH 44057

5267 N Ridge RoadMadison, OH 44057

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$575,000 Active
Commercial - Business MLS 5207707 New to the Market

Listed By

Agency Name: Howard Hanna
Agency Contact: michaelwarren@howardhanna.com, 440-667-7046

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Prime Commercial Opportunity on N Ridge Rd Madison Township Unlock over 12,000 sq. ft. of endless potential with this exceptional commercially zoned property along high-traffic N Ridge Rd (Route 20) in Madison Township. Featuring 431 feet of prime frontage with a new road, curbs, this site is perfectly positioned for maximum visibility and accessibility. Previously a long-standing, family-owned RV Sales business, the property offers a unique opportunity to reimagine the space for your own commercial venture. Highlights: ? Over 12,000 sq. ft. of commercial space ? 431' of Route 20 frontage ? Flexible zoning for a variety of commercial uses ? Creative financing options available ? Private tours and conceptual consultations available through listing agents. Bring your ideas?this is your chance to shape one of Madison Township's most visible and versatile commercial properties.

5267 N Ridge Road | MLS# 5207707

This commercial property located at 5267 N Ridge Road, Madison, OH 44057 is currently listed for sale with an asking price of $575,000. N Ridge Road is located within the Madison Local school district. Search Madison real estate on 28132dupler.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Forced Air
Lot Size: 1.89 Acres
Taxes: $9,556 / year
Year Built: 1963

Feature Descriptions

Parcel#: 01-B-123-0-00-049-0
Sewer: Septic Needed

Local Schools

School District: Madison Local

Demographics

Lake County Demographic Information for 5267 N Ridge Road, Madison, OH 44057
Fips
Fips Code 39085
Population
2020 to 2025 Change down 0.1%
2010 Count 230,041
2020 Count 232,603
2025 Estimate (V2025) 232,217
2020 Estimate (V2025) 232,521
Age Distribution (Years Old)
0 to 4 4.4%
5 to 17 18.7%
18 to 64 53.7%
65 and Older 23.2%
Gender
Male 49.2%
Female 50.8%
Place of Birth
Foreign 5.4%
US 94.6%
Education
High School Graduate, Age 25+ 94.4%
Bachelor's Degree or Higher, Age 25+ 31.6%
Computer and Internet use
Households with a computer 95.5%
Households with a broadband Internet subscription 92.8%
Language
English is Second Language, Age 5+ 8.3%
English is First Language, Age 5+ 91.7%
Veterans
Veterans 13,389
Income
Per Capita Income $45,279
Median Household Income $80,925
People in Poverty 7.5%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 106,498
Households 101,144
Average Household Size 2.27
Owner-Occupied 75.8%
Multi-Family 19.7%
Owner-Occupied Median Value $214,100
Median selected monthly owner costs -with a mortgage $1,500
Median selected monthly owner costs -without a mortgage $635
Median gross rent $1,113
Building Permits
New Private Housing Issued 2024 428
Years at Residence
1 Year or More 89.7%
Less Than 1 Year 10.3%
Business and Employment
Private non-farm Establishments 5,504
Private non-farm Employment 87,115
Private non-farm Employment Growth down 0.5%
Nonemployer Establishments 17,947
Number of Firms 4,646
Business Production
Value of Shipments $6,531,471,000
Wholesale Trade $1,278,429,000
Retail Trade $3,755,526,000
Retail Sales Per Capita $15,267
Accommodation and Food Services $496,973,000
Land
Land Area 227.49 sq. miles
Population Per Square Mile 1,012

Source: US Census Bureau