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    5940 Andrews Rd Mentor, OH 44060

    For Sale
    $169,900

    Remodeled commercial space, ample parking.

    Property size:
    878 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 878-square-foot commercial property, located at 5940 Andrews in Mentor, Ohio, presents a fantastic business opportunity. Previously a single-family home, this completely remodeled building now boasts commercial zoning, offering incredible flexibility for a variety of uses. The open layout allows for customization to perfectly suit a buyer's specific needs. A welcoming entryway leads to a spacious main room, thoughtfully pre-plumbed for a kitchenette, providing convenience and potential for food service or similar businesses. Two generously sized private offices or rooms offer dedicated workspaces, ideal for individual offices or meeting areas. Adding to the functionality, the property includes two full bathrooms. Beyond the building itself, ample parking is available at the rear, ensuring convenient access for clients and employees. Situated on a 0.17-acre lot, this property offers a compelling combination of space, adaptability, and convenient location in the thriving Mentor, OH market. Priced at $169,900, this is an exceptional opportunity for entrepreneurs and investors alike. The property's versatile design and prime location make it an ideal investment for a wide range of commercial ventures.

    Property Features for 5940 Andrews Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    878 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1948
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mentor
    County
    Lake
    State
    Ohio
    Longitude
    -81.36166
    Latitude
    41.70966

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    FAQs

    What type of property is this?
    Commercial real estate - Remodeled commercial space, ample parking.
    Where is this commercial real estate located?
    The property is located at 5940 Andrews Rd Mentor, OH.
    What is the asking price?
    The asking price for this property is $169,900.
    (440) 255-5500
    Request Owner's contact information
    5940 Andrews Rd Mentor, OH 44060
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    Mentor, OH 44060
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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
    5940 Andrews Rd Mentor, OH 44060
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