Improved Mixed-Use Land for Sale in Madison, Ohio
5500 N Ridge Rd, Madison, OH 44057
PRICE REDUCED TO $529,000 Prime 6.5+ Acre Live-Work Property in the Route 20 Business Corridor, Madison, OH Rare opportunity to live and work together in a prime established location. This clean, mid-century 3,500 sq. ft. brick ranch features 3 bedrooms, 2.5 baths, 2-car attached garage, semi-finished basement, and a peaceful 1/3-acre stocked pond. Move-in ready with room for your personal updates. A separate 1,600 sq. ft. finished masonry building offers gas heat, hot water, half-bath, two offices, ample storage, 4 parking bays, and a 6-car concrete lot with great Route 20 signage. The 6.5+ acres consist of three commercial-zoned parcels (two undeveloped) with multiple road frontages - ideal for business expansion, a gentleman's farm, orchard, vineyard, or investment. Utilities: electric, natural gas, city water. Excellent live-work-invest potential. Don't miss this value at the new price! Schedule your private showing today.
Location
- Street address
- 5500 N Ridge Rd
- County
- Lake County
- Zip code
- 44057
- School district
- Madison LSD Lake- 4303
- Elevation
- 677 feet
Directions
Adjacent to the corner of McMackin Rd and State Route 20
Property details
- Acreage
- 6.58 acres
- MLS #
- NEOHREX 5198835
- Posted
Property taxes
- 2025
- $5,828 - LOT 4 TRACT 4
Parcels
- 01-B-122-0-00-073-0
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking
- Driveway, Garage, Open
Structure
- Style
- Ranch
- Stories
- 1
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Forced Air
- Cooling
- Ceiling Fan(s), Central Air
- Materials
- Block, Brick
- Roof
- Asphalt, Fiberglass
Interior
- Room Count
- 6
- Rooms
- Basement, Bathroom x 3, Bedroom x 3
- Fireplaces
- Yes
- Appliances
- Dryer, Range, Refrigerator, Washer, Water Softener
- Features
- Bar, Bookcases, Built In Features, Ceiling Fans, Eat In Kitchen, Natural Woodwork
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 17, 2026 | Price drop | $529,000 | $60,900 -10.3% | NEOHREX |
| Apr 27, 2026 | Price drop | $589,900 | $100,000 -14.5% | NEOHREX |
| Apr 7, 2026 | New listing | $689,900 | — | NEOHREX |