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    OFF-MARKET
    Commercial real estate

    8751 Mentor Ave, Mentor, OH 44060

    11,792 SF 1.2 ac lot Built 1933
    Property ID
    Property summary
    AI-generated overview

    This exceptional 11,792 square foot multi-use property, situated on 1.2 acres at 8751 Mentor Avenue in Mentor, Ohio, presents a unique investment opportunity. The building has undergone extensive exterior restoration and boasts a completely updated interior. The lower level features a large fellowship area with multiple office spaces, updated flooring, and a fully equipped kitchen including a triple-sink and appliances. A brand-new boiler was installed in 2023, ensuring efficient and reliable heating. The main sanctuary is beautifully appointed with newer carpeting, 44 pews arranged across two levels, and a loft stage, ideal for presentations or performances. The impressive foyer welcomes visitors with stunning mahogany double doors and oak flooring. The third floor offers versatile space, including a media room and several conference or training rooms. Accessibility is enhanced by ADA-compliant chair lifts installed in the stairwells. The property also includes abundant storage space and multiple bathrooms. Two parking lots provide parking for approximately 40 vehicles. This property's adaptable layout and extensive recent improvements make it suitable for a wide range of uses, from religious organizations to educational institutions, or even a unique event venue. The combination of its size, features, and prime location makes this a truly remarkable opportunity. The asking price is $1,100,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1933
    Total area 11,792 SF
    Lot 1.2 ac (52,272 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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