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Downtown Painesville Mixed-Use Development
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New Mixed-Use Development, Painesville, OH

Mixed-use development in historic Downtown Painesville with retail and apartments.

Space Size4,100 SF
Days on Market270

Property Features for New Mixed-Use Development

General Information

Standard status Active
Size 4,100 SF
Property subtype Mixed-Use

Building Details

Year Built 2025

Spaces For Lease

at New Mixed-Use Development Contact us

1

Size
4,100 SF
Type
Restaurant
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: SVN Summit Commercial Real Estate Advisors
Listed By: Nichole Booker, PhD · License #SAL.2020006237
Source: Svnsummitcommercial
Added: Nov 21, 2025 Changed: Aug 11 Last Checked: Aug 17 at 5:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Summit Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This mixed-use development is located in the heart of historic Downtown Painesville on Main Street Hill, overlooking Recreation Park and The Grand River. It anchors the eastern perimeter of the newly designated Hillside Entertainment District. Over $100 million in current and planned development is underway in Downtown Painesville. Restaurant or retail space is available up to 4,100 square feet. The restaurant space opens to a rear patio overlooking the river and park. The rear patio leads to a new amphitheater hosting live music and community events. The development includes 110 luxury apartments over retail. A new $2 million amphitheater is planned for 2025-26, along with a new splash park, dog park, revamped skate park, and baseball and soccer fields. Enhancements are planned for a vibrant nightlife atmosphere, and diverse recreational amenities will be available.

Key Highlights

  • Located in the heart of historic Downtown Painesville, part of a $100M+ mixed‑use development project.
  • Restaurant space available (up to 4,100 SF) with a rear patio overlooking the Grand River and Recreation Park.
  • Direct access to a new amphitheater (planned 2025‑26) hosting live music and community events.

Property Analytics

Current Use

Mixed-use properties

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

884
Businesses Nearby

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use development in historic Downtown Painesville with retail and apartments.
Where is this mixed-use property located?
The property is located at New Mixed-Use Development Painesville, OH.
What are key features of this property?
This property features: Located in the heart of historic Downtown Painesville, part of a $100M+ mixed‑use development project.; Restaurant space available (up to 4,100 SF) with a rear patio overlooking the Grand River and Recreation Park.; Direct access to a new amphitheater (planned 2025‑26) hosting live music and community events.
More about this property
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