Property Attributes
- MLS#5221407
- TypeSingle Family
- Listing Status Contingent
- CountyGeauga
- CityMadison
- NeighborhoodThompson
- Zip44057
- Style
- Year Built1959
- Taxes$ 5075
- Price$ 449,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1366
- Lot Size11.15 Acres
Data Source:
MLSNow
Property Description
Rare 11.15-acre commercial/industrial compound located entirely in the Thompson Township Industrial District! Income producing property or live-work compound for an owner/operator. Perfect setup for contractors, mechanics, fabricators, or small business owners. The property features a massive 8,000+ sq. ft. commercial machine shop, an additional 32x24 detached frame garage, a large 40x32 outdoor pavilion, and an attached 2-car garage. Shop is equipped with 3-phase electric and has its own transformer. Fronting the property is a solid 3-bedroom ranch with 1,366 sq. ft. of main-level living space plus a 704 sq. ft. fully finished basement and a 572 sq ft 2 car attached garage. Residence needs a facelift but the bones are strong and is suitable for current tenant. It has been occupied by a stable, long-term tenant for over 7 years, giving you immediate rental income while you run your business. Outside includes a large 40x32 pavilion with electric and an in-ground pool (needs maintenance/repairs, sold as-is). Stop paying commercial rent. Run your business here and let the residential tenant offset your costs! Dual-parcel sale. All information provided is deemed reliable but is not guaranteed and should be independently verified by buyer. Property may contain unknown defects or conditions requiring repair. Buyer is solely responsible for verifying all property conditions, compliance, and suitability during due diligence.
| Price History | |
|---|---|
| 6/23/2026 | Listed $449,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Forced Air |
| Cooling | Ceiling Fan(s),Window Unit(s) |
| Possession | Negotiable |
| Roof | Asphalt,Fiberglass |
| Garage Spaces | 4 |
| Architectural Style | Ranch |
| Pool Features | In Ground |
| Construction Materials | Frame,Vinyl Siding |
| Year Built | 1959 |
| Stories Count | 1 |
| Township | Thompson Twp |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Additional Parcels Description | 30-045000 |
| County | Geauga |
| Property Type | Residential |
| HOA | false |
| Attached Garage | true |
| Contingency | Other See Remarks |
| Subdivision Name | Thompson |
| Garage Y/N | true |
| Other Structures | Garage(s),Outbuilding,See Remarks,Storage,Workshop |
| Total Rooms | 13 |
| Full Baths | 1 |
| Status | Contingent |
| Directions | Take exit 205 for Vrooman Rd toward US-86 S 0.2 mi Turn right onto Vrooman Rd 0.5 mi Turn left onto Carter Rd 1.7 mi Slight left onto Paine Rd 0.7 mi Continue onto Blair Rd 0.5 mi Turn right onto Ford Rd 118 ft Turn right to stay on Ford Rd 2.9 mi Sharp right onto Fisher Rd 0.6 mi Continue onto Clay St 0.6 mi Turn left onto Moseley Rd |
| ModificationTimestamp | 2026-08-05T13:09:20.770-00:00 |
| City | Madison |
| High School District | Berkshire LSD - 2801 |
| Lot Size Units | Acres |
| Carport Y/N | false |
| Land Lease Y/N | false |
| Tax Annual Amount | 5075 |
| Home Warranty Y/N | false |
| Living Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Occupancy Type | Tenant |
| Middle/Junior School District | Berkshire LSD - 2801 |
| Elementary School District | Berkshire LSD - 2801 |
| Year Built Source | Public Records |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | MADISON |
| Legal Description | LOT 18 PARCEL #3 |
Interior Features
| Basement | Finished |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Wood Burning |
| Basement (Y/N) | true |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Above Grade Finished Area | 1366 |
| Half Baths | 1 |
| Total Bedrooms | 3 |
| Below Grade Finished Area | 704 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 1 |
| Below Grade Finished Area Source | Estimated |
| Above Grade Finished Area Source | Assessor |
| Total Baths | 2 |
Exterior Features
| Parking Features | Attached,Circular Driveway,Driveway,Garage |
|---|---|
| Water Source | Well |
| Lot Size Area | 11.15 |
| Lot Size Acres | 11.15 |
| Lot Size Source | Public Records |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool