6659 Ridge RdMadison, OH 44057

For Sale
$375,000

Three-unit retail building, high traffic area, strong tenants.

Overview

Added:
Feb 3
Days on market:
39
This exceptional three-unit retail property, located at 6659 N Ridge Road in Madison, OH, presents a compelling investment opportunity. Boasting 5,041 square feet on a 0.38-acre corner lot, this building benefits from its high visibility and strategic location on a major east/west corridor, ensuring significant daily traffic flow. The property's prime position also captures substantial local north-south traffic. Madison's continued growth further enhances the long-term value proposition. All three units are currently occupied by tenants under lease agreements, providing immediate and consistent cash flow. The anchor tenant enjoys a long-term lease with an upcoming renewal, offering stability and predictability. A recent major renovation has significantly upgraded the building, ensuring its modern appeal and functionality. Convenient parking is available on two sides of the building, enhancing tenant and customer accessibility. Importantly, tenants are responsible for the majority of their utility costs, minimizing operational expenses for the owner. This turnkey investment offers a blend of strong occupancy, a desirable location, and a recently renovated structure, making it an attractive opportunity for discerning investors seeking a stable and profitable retail portfolio addition.

Property Details for 6659 Ridge Rd

Property type
Retail properties, Other retail properties
Square Feet
5,041 SF
Year Built
1960
Lot Size (sq. ft)
16,553 SF

Location Insight

City
Madison
County
Lake
State
Ohio
Latitude
41.8024
Longitude
-81.04893
6659 Ridge Rd, Madison, Ohio

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6659 Ridge Rd
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