421 Madison Street, Russells Point, OH 43348

$295,000
Property Type: Commercial Square Footage: 2,550 Lot Size (sq. ft.): 11,761 Status: Active
Current Price: $295,000 List Date: 11/08/2024 Last Modified: 2/26/2026

Overview

Description

Prime Commercial Real Estate for Sale - 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!

Listing Details MLS# 224039742

Location Property Info

Original List Price
499000
Property Sub Type
Restaurant
Street #
421
Street Name
Madison
Street Suffix
Street
County
Logan
State
OH
Zip Code
43348
Township
Washington

OfficeContract Info

MLS Entry Date
2024-11-08

General Property Info

Total SqFt Available
2550
Bldg Sq Ft
2550
Max Cont Sqft Avail
2550
Minimum Sqft Avail
2550
# of Floors Above Gr
Yes
Year Built
1997
Use Code
435 - FAST FOOD/DRIVE-IN RESTAURANT
Lot Size (Side)
200 approx
Acreage
0.27
# of Docks
0

Tax Info

Parcel #
52-032-10-08-003-001
Mult Parcels/Sch Dis
Yes
Addl Parcel Numbers
520321008004002, 520321008006000, 520321008007001
Tax Year
2023
Tax Abatement
No
Taxes (Yrly)
5599

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
115.69
City (Mailing Addr)
Russells Point
Corp LimitPerAuditor
Russells Point

More Information

Office/Contract Info

For Sale
Yes
Exchange
No
For Lease
No
Lease Rate $/Sq Ft
0

Remarks & Misc

Property Description
Prime Commercial Real Estate for Sale - 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!

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

T Reimburses L

Curr Yr Est $/SF TRL
0

Construction

Block
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Heat Type

Forced Air
Yes

New Financing

Conventional
Yes

Business Type

Restaurant
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Heat Type: Forced Air Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Construction: Block Business Type: Restaurant New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Howard Hanna Real Estate Svcs
Listing Agent: Jennifer Simpson
Last Updated: February - 26 - 2026
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