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367 State St Painesville, OH 44077

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For Sale
$149,000

Historic Downtown Retail Space, Renovation Opportunity

Property size:
6,778 SF

Property Features for 367 State St

General Information

Property type
Retail properties
Square Feet
6,778 SF
Lot Size
4,356 SF

Building Details

Year Built
1900

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Listing Contact
Rick Osborne
Rick Osborne

Listing Agency: Keller Williams Realty Greater Cleveland Northeast Listing Agent: Rick Osborne

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 6,778 square foot retail building presents a unique investment opportunity in the heart of Painesville, Ohio. Located at 367 N State Street, this historic two-story structure, built in 1900, boasts prominent frontage along N. State Street. The property sits on a 0.1-acre lot and offers a partial basement. Previously used as a bar/restaurant, the building is currently gutted to the 2x4 studs, providing a blank canvas for a complete renovation. All utilities are available on-site, though upgrades are required. A significant feature is the existing kitchen hood, which could be incorporated into a future restaurant or food-service concept. The wood-frame construction offers character and charm, while the substantial square footage allows for diverse redevelopment possibilities. This property is ideal for an investor seeking a high-impact project in a desirable downtown location. The building's history and prime location offer significant potential for a strong return on investment. The extensive renovation required presents an opportunity to create a truly unique and modern space tailored to the needs of a new business. The existing infrastructure, including utilities and the kitchen hood, provides a solid foundation for a variety of commercial uses. This is a rare chance to acquire a piece of Painesville's history and shape its future.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail properties

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Painesville
County
Lake
State
Ohio
Longitude
-81.2456
Latitude
41.73194

FAQs

What type of property is this?
Retail property - Historic Downtown Retail Space, Renovation Opportunity
Where is this retail property located?
The property is located at 367 State St Painesville, OH.
What is the asking price?
The asking price for this property is $149,000.
More about this property
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