Gas Station

Painesville, OH Gas Stations for Lease

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Mentor, OH Concord Twp, OH Perry, OH Willoughby, OH Kirtland, OH Chardon, OH Madison, OH Willoughby Hills, OH
Former Gas Station Retail Space
Updated: Jun 6, 2023
Former Gas Station Retail Space

8 E Erie St, Painesville, OH

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980 sqft 0.38 AC lot
High‑traffic location with nearly 40,000 vehicles per day on US Route 2.
980 SF property on 0.37 AC.
Sublease runs through 5/31/2029.
Former convenient store and gas station.
Located at the corner of East Erie and Richmond St.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Painesville, OH, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities

Gas stations for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Vacant Gas Station With Store
Vacant Gas Station With Store

5270 Northfield Rd, Maple Heights, OH 44137

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2,965 sqft

Former fuel-service property with an approximately three-thousand-square-foot convenience store component.

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Signalized Corner Retail Opportunity
Signalized Corner Retail Opportunity

15387 Pearl Road, Strongsville, OH 44136

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775 sqft 0.47 AC lot

0.47-acre site in Strongsville's retail corridor available for lease.

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Neighborhood Retail Center with Fuel
Neighborhood Retail Center with Fuel

2140 Walworth Penfield Rd, Walworth, NY 14568

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9,600 sqft

Neighborhood center anchored by Tops Markets, featuring an on-site fuel station, small shop space, and two pad sites.

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Neighborhood Retail Center with Fuel
Neighborhood Retail Center with Fuel

2140 Walworth Penfield Rd, Walworth, NY 14568

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20,000 sqft

Recently constructed neighborhood center anchored by Tops Markets with a fuel station and available small shop space and pad sites.

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Painesville, OH Gas stations Lease Rates & Market Statistics

Explore 1 Gas stations listing for lease in Painesville, OH on Realmo, a commercial real estate exchange covering the Painesville area. The current inventory totals 980 square feet of properties.

Painesville accounts for 100% of the 1 gas stations listing currently available across Lake County. Gas stations are one of the more limited space types in Painesville, with just 1 listing currently available — a scarcity worth factoring into lease negotiations.

How to lease a gas station in Painesville, OH

  1. Pick the format and site. Whether it's a filling station, service station, c-store with fuel, truck stop, or travel center, use Location Intelligence to target Painesville, OH corners and highway corridors with strong vehicle counts.
  2. Demand a tank compliance audit first. The biggest risk sits underground. Verify the age and condition of the underground storage tanks (USTs), since a leaking tank means EPA-level environmental liability that can sink the whole venture.
  3. Scrutinize the fuel supply agreement. The lease is often tied to a fuel contract. Compare branded (Shell, Exxon) versus unbranded margins, rack-plus versus consignment pricing, and watch out for pumping-cap penalties.
  4. Decode the NNN economics. Gas station leases are almost always triple net, so base rent is just the start. Add taxes, insurance, maintenance, and model it all with the Lease Calculator.
  5. Capitalize beyond the rent. Budget the security deposit, franchise fee, fuel deposit, and convenience-store inventory. Fuel earns just 3–7 cents per gallon while the store inside delivers 20–40% margins.
  6. Negotiate protections and permits. Confirm that you can obtain all fuel and environmental permits. Also secure baseline environmental condition language, renewal options, and clear maintenance responsibilities before signing.
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