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    450 Chester St Painesville, OH 44077

    For Lease
    $850 /Mo ($1.08 SF/Yr)

    COMMERCIAL - Painesville, OH

    Type:Retail
    Lot size:
    0.22 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 14 at 10:06 pm

    Property Features for 450 Chester St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    APN
    15-A-017-0-00-011-0
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1955
    Roof type
    Aluminum

    McDowell Homes Real Estate Services (440) 205-2000 [email protected]

    Listing agent Phillip Harford (440) 339-1634 License #2017004548

    Listing date Nov 21, 2025

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Painesville Commercial Space For Lease

    Located in Painesville, this commercial space is available for lease "As Is". The property needs cosmetic and potentially structural updates. The landlord will not be performing any repairs, renovations, or build-outs. This is an opportunity for a lessee ready to take on all necessary work to customize the unit to their exact specifications. The lot size is 0.2168 acres. Lease terms reflect the "no repair" condition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Painesville
    County
    Lake
    State
    Ohio
    Longitude
    -81.246335
    Latitude
    41.73304

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    FAQs

    What type of property is this?
    Retail space - Commercial space in Painesville, available for lease "As Is".
    Where is this retail space located?
    The property is located at 450 Chester St Painesville, OH.
    What is the lease rate?
    The lease rate is $1.08 SF/Yr.
    What are key features of this property?
    This property features: - Competitive lease rate offered due to "As Is" condition.; - Blank canvas commercial space ready for customization.; - Ideal for a lessee ready to take on necessary work to customize the unit to their exact specifications.
    (440) 339-1634
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    450 Chester St Painesville, OH 44077
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    Painesville, OH 44077
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    450 Chester St Painesville, OH 44077
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