Restaurant and Office
For Lease
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8 N State St, Painesville, OH 44077
Redevelopment plans convert a former KeyBank building into ground-level restaurant space and three floors of modern office suites.
Space Size6,000 SF
Days on Market557
Property Features for 8 N State St
General Information
Standard status
Active
Size
6,000 SF
Property subtype
OFFICE
Lease Type
Modified Gross
Spaces For Lease
at 8 N State St Contact us- Floor
- 2
- Size
- 6,000 SF
- Type
- OFFICE
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, COE
- Sublease
- No
8 N State St $15/SF/Yr
8 N State Street, located on the corner of State & Main Street, formerly the KeyBank...
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Listing Agency:
SVN Summit Commercial Real Estate Advisors
(234) 231-0200
Listed By:
Nichole Booker, PhD · License #SAL.2018004350
(330) 475-5500
Source:
Moodyscre
Added: Mar 4, 2025
Changed: Sep 10
Last Checked: Sep 11 at 11:51AM
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.
Located at 8 N State St on the corner of State & Main Street, this former KeyBank building is being redeveloped as part of downtown Painesville revitalization efforts. The redevelopment plan calls for ground-level restaurant space, along with three floors of modern office suites.
The property’s mixed-use approach offers a walkable, street-corner presence and a straightforward split between restaurant activity at street level and dedicated office areas above.
As described, the building will be reconfigured to support restaurant use on the ground floor and office suite space across three additional levels.
The property’s mixed-use approach offers a walkable, street-corner presence and a straightforward split between restaurant activity at street level and dedicated office areas above.
As described, the building will be reconfigured to support restaurant use on the ground floor and office suite space across three additional levels.
Key Highlights
- 8 N State Street at the corner of State St. & Main St. in historic downtown Painesville
- Former KeyBank building redevelopment planned for ground‑level restaurant space
- Redevelopment also includes three floors of modern office suites
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
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Business Placement
Demographics for 44077, OH
58,253
Population
24,928
Households
2.3
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
60.5 sq mi
ZIP Area
963
Density / Sq Mi
$80,692
Median Household Income
$45,315
Median Earnings
$972
Median Rent
$217,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Redevelopment plans convert a former KeyBank building into ground-level restaurant space and three floors of modern office suites.
Where is this office units located?
The property is located at 8 N State St Painesville, OH.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 8 N State Street at the corner of State St. & Main St. in historic downtown Painesville; Former KeyBank building redevelopment planned for ground‑level restaurant space; Redevelopment also includes three floors of modern office suites
