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

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!

Supplements: ********

More Information MLS# 224039742

Location & Property Info

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

Office/Contract Info

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

General Property Info

Total SqFt Available: 2550 Bldg Sq Ft: 2550 Max Cont Sqft Avail: 2550 Minimum Sqft Avail: 2550 # of Docks: 0 Lot Size (Side): 200 approx Use Code: 435 – FAST FOOD/DRIVE-IN RESTAURANT # of Floors Above Gr: 1 Year Built: 1997 Acreage: 0.27

Tax Info

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

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: 1

T Reimburses L

Curr Yr Est $/SF TRL: 0

Construction

Block: 1

Sewer

Public Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Heat Type

Forced Air: 1

Auction Info

Auction/Online Bidding Y/N: No

New Financing

Conventional: 1

Business Type

Restaurant: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 499000 List Price: $295,000 Property Sub Type: Restaurant Street #: 421 Street Name: Madison Street Suffix: Street County: Logan State: OH Zip Code: 43348 Township: Washington

OfficeContract Info

Status: Active MLS Entry Date: 2024-11-08

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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