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    257 S Main St Painesville, OH 44024

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    For Lease
    Contact for pricing

    Up to 4,100 SF retail or restaurant space for rent.

    Property size:
    4,100 SF
    Lot size:
    3.04 Acres

    Property Features for 257 S Main St

    General Information

    Size
    4,100 SF
    Lot size
    3.04 Acres

    Source: SVN Summit Commercial Real Estate Advisors Agent Nichole Booker, PhD

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

    Overview

    Retail/Restaurant Space with Patio

    This property offers retail or restaurant space up to 4,100 square feet. A restaurant space opens to a rear patio that overlooks the river and park. The rear patio provides access to a new amphitheater, which hosts live music and community events. The property is part of a building that includes 110 luxury apartments above the retail space. Future developments include a new $2 million amphitheater planned for 2025-26, along with a new splash park, dog park, revamped skate park, and baseball and soccer fields. These enhancements are intended to create a vibrant nightlife atmosphere and diverse recreational amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Lake Erie College Metz Culinary Management

    Location Insight

    • Map
    • Local Demand
    City
    Painesville
    County
    Lake
    State
    Ohio
    Longitude
    -81.2395563
    Latitude
    41.7266719

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    FAQs

    What type of property is this?
    Restaurant - Up to 4,100 SF retail or restaurant space for rent.
    Where is this restaurant located?
    The property is located at 257 S Main St Painesville, OH.
    What are key features of this property?
    This property features: - Restaurant space up to 4,100 SF with rear patio overlooking the river and park.; - Rear patio access to a new amphitheater hosting live music and community events.; - Location within a building containing 110 luxury apartments.
    (330) 475-5500
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    257 S Main St Painesville, OH 44024
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    Painesville, OH 44024
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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
    257 S Main St Painesville, OH 44024
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