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    2025 Mentor Ave Painesville, OH 44077

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    For Sale
    $155,000

    Retail facility for sale near Chesapeake Cove development.

    Property size:
    1,412 SF
    Lot size:
    0.48 Acres

    Property Features for 2025 Mentor Ave

    General Information

    Size
    1,412 SF
    Lot size
    0.48 Acres

    Source: Global Real Estate Advisors Agent Neil Sawicki, SIOR, Broker

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

    Overview

    Retail Facility Near Chesapeake Cove

    This retail facility offers approximately 1,412 square feet of space on a 0.475-acre lot. The property is zoned B-1, Restricted Retail, and the building is divided into two units. It is located at the entrance to the Chesapeake Cove Development, neighboring Aldi, Ganley Painesville, and a shopping plaza. Situated in Painesville Township, the location benefits from no local income tax. The property is positioned on US Route 20 (Mentor Ave), just east of Heisley Rd.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Painesville
    County
    Lake
    State
    Ohio
    Longitude
    -81.2884017
    Latitude
    41.6892387

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    FAQs

    What type of property is this?
    Retail space - Retail facility for sale near Chesapeake Cove development.
    Where is this retail space located?
    The property is located at 2025 Mentor Ave Painesville, OH.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: - High-traffic location on US Route 20 (Mentor Ave) at the entrance to Chesapeake Cove Development.; - Zoned B-1, Restricted Retail, suitable for various retail businesses.; - .475± Acre lot size.
    (440) 339-8585
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    2025 Mentor Ave Painesville, OH 44077
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    Painesville, OH 44077
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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
    2025 Mentor Ave Painesville, OH 44077
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