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$3,000
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Property Description
Prime Commercial Real Estate for Lease - Former Restaurant with Drive-Through! Located in a high-traffic area in Indian Lake, this 2,550 sq ft property offers incredible visibility and potential. Spread over 4 parcels, it includes two restrooms, a walk-in freezer, and a walk-in cooler, ideal for a restaurant, coffee shop, or retail space. Features a large parking lot with easy access due to a nearby traffic light. Walking distance to a new hotel and conference center, just steps from Indian Lake. A rare opportunity for a thriving business in a vibrant area--schedule a showing today! Triple Net Lease $5,000/month. This property is currently for sale at $499,000.
Full Property Details
Full Property Details for 421 Madison St
General
- Price: $3,000
- Taxes: $4,045 (2023)
- Status: Active
- Type: Commercial Lease
- Source: 507
- MLS ID: 1035610
- Updated: 7/11/2025
- Added to Site: 463 day(s) ago
Parking
- Parking: Parking Lot, Private
Location
- County: Logan
- Driving Directions: SR 33 to SR 708, left onto Madison Street
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Supplied Water
Structural Information
- Exterior Const.: Block, Concrete, Brick
- Year Built: 1997
Lot Features
- Lot Dimensions: 135 x 200 appro x
- Zoning: Commercial
Financial Considerations
- Tax Amount: $4,045
- Tax Year: 2023
Disclosures and Reports
- APN: 520321008003001
- Property ID: 520321008003001
Listed by Jennifer Simpson
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Schools
Schools serving 421 Madison St
School District:Indian Lake Local School District
| Name | Grades | Distance |
|---|---|---|
Indian Lake Elementary School 8770 County Road 91, Lewistown, OH 43333 | K-4 | 2.5 mi |
Indian Lake Middle School 8920 County Road 91, Lewistown, OH 43333 | 5-8 | 2.5 mi |
Indian Lake High School 6210 State Route 235 N, Lewistown, OH 43333 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 421 Madison St
Date
Details
Price
Change
Source
7/11/2025
Price Reduced
$3,000
-25%
MLS
6/08/2025
Price Reduced
$4,000
-20%
MLS
11/14/2024
Listed
$5,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 421 Madison St
421 Madison Street, Russells Point, OH 43348 (MLS# 1035610) is a Commercial Lease property. 421 Madison Street is currently listed for $3,000 and was received on November 14, 2024. Want to learn more about 421 Madison Street? Do you have questions about finding other Commercial Lease real estate for sale in Russells Point? You can browse all Russells Point real estate or contact a Coldwell Banker agent to request more information.
