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    1655 Mentor Ave Painesville, OH 44077

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    For Sale
    Contact for pricing

    2,978 SF retail property in Painesville, Ohio.

    Property size:
    2,978 SF
    Lot size:
    0.67 Acres

    Property Features for 1655 Mentor Ave

    General Information

    Size
    2,978 SF
    Lot size
    0.67 Acres

    Source: Weber Wood Medinger Corporation Agent Kevin G. Joseph, SIOR

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

    Overview

    Painesville Retail Property For Sale

    This is a 2,978 square foot retail property located at 1655 Mentor Avenue in Painesville, Ohio. The property was formerly occupied by Chase Bank, which has since vacated the premises. There is one year remaining on the lease, and a new owner would be entitled to the remaining rental payments.
    Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Painesville
    County
    Lake
    State
    Ohio
    Longitude
    -81.2796408
    Latitude
    41.6973129

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    FAQs

    What type of property is this?
    Bank - 2,978 SF retail property in Painesville, Ohio.
    Where is this bank located?
    The property is located at 1655 Mentor Ave Painesville, OH.
    What are key features of this property?
    This property features: - Entitlement to remaining rental payments for the existing lease.; - Property is a 2,978 SF building.; - Located at 1655 Mentor Avenue in Painesville, Ohio.
    (440) 220-2686
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    1655 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
    1655 Mentor Ave Painesville, OH 44077
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