Located in Downtown Painesville 12000 sq ft. Historic Building partially rented, partially ready for rehab. 3rd floor is 3 apartments plus another space that could be a 4th apartment or extension of one of the units. 2nd floor is Commercial set for offices, but has city approval to be residential apartments, ready for rehab. 1st floor is Retail Commercial ready for rehab. And a full basement with many possibilities. Can see 1st, 2nd floors and basement. 3rd floor apartments can be seen with LOI. Call List agent for questions and access.
Not going to want to miss this great investment opportunity in Painesville, Ohio. This building is just minutes away from all the busy activity going on in the city. The building has a set up that would be great for a restaurant or bar and grill, with all the equipment tables and chairs included in the sale. Building is in need of a facelift but has a ton of potential.
Property currently being used as a church. Use of this property limited only by your imagination. Located in a residential area, appropriate for a senior or child day care, community center, youth center, food distribution center for the neighborhood. Building contains kitchen, conference room, 4 classrooms, 2 offices, 2 bathrooms, sanctuary seating.
Historic building built in 1900. 2-story building previously bar/restaurant with partial basement. Building is built out of wood construction and sits on 0.10 acres. Frontage is along N. State Street. All utilities are present but need updated. Kitchen hood present in building. Interior improvements need to be completed and building is gutted to the 2'x4' studs.
Excellent Investment Opportunity! Located in a prime downtown Painesville location, this meticulously maintained commercial building offers over 2,200 square feet of versatile space. Currently housing three businesses. The property shows beautifully. Don't miss out on this gem. Come see it before it's gone! The owner and current tenant are both interested in renting back, providing immediate rental income. So much potential!
Updated 5 Unit Victorian apartment building. A great investment with great income opportunity. Three units on mail level and 2 units on upper level. Three units updated last year. Two units updated in past 5 years. Includes detached 2 car garage. Both the Building and garage are vinyl sided. All updated windows and glass block in the basement. Updated plumbing and electrical through out. Roofs are new to 10 years old. Hot water Gas heat. All appliances remain stoves and refrigerators. Residential and commercial zoning.
Prime location on Mentor Ave. Mixed use. A chance to have your new business location or an opportunity to start fresh on a half acre lot. The current building & lot is a vacuum sale and repair shop but other uses resemble an ideal opportunity for a small coffee drive through shop! Come by and bring your ideas for your own small business!
Prime Investment Property located on bustling Mentor Ave, boasting a consistent ownership spanning three decades. Positioned in a high-traffic zone, it features a welcoming lobby. This property offers ten well-appointed offices, each equipped with its own bathroom, meticulously maintained and in excellent condition. The expansive parking lot accommodates up to 27 vehicles, ensuring ample space for clients and visitors.
The median home value in Painesville, OH is $212,500. This is higher than the county median home value of $208,200. The national median home value is $338,100. The average price of homes sold in Painesville, OH is $212,500. Approximately 43.54% of Painesville homes are owned, compared to 48.76% rented, while 7.7% are vacant. Painesville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Painesville real estate agent to arrange a tour today!
Painesville, Ohio has a population of 20,311. Painesville is more family-centric than the surrounding county with 32.48% of the households containing married families with children. The county average for households married with children is 26.8%.
The median household income in Painesville, Ohio is $47,976. The median household income for the surrounding county is $70,168 compared to the national median of $69,021. The median age of people living in Painesville is 31.2 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 39.2 inches per year, with 69.5 inches of snow per year.