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Commercial Land with 150’ Frontage
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1536-1544 Mentor Ave, Painesville, OH 44077

Redevelopment site with move-in ready office/medical and retail buildings on 150 feet of frontage.

Space SizeContact for details
Lot Size1.18 Acres
Days on Market1966

Property Features for 1536-1544 Mentor Ave

General Information

Standard status Active
Lot size 1.18 Acres
Property subtype LAND
Zoning B-3

Spaces For Lease

at 1536-1544 Mentor Ave
1536-1544 Mentor Ave AVAILABLE, Now
Floor 1
Type LAND
Rate Contact for pricing
Sublease No
- Redevelopment Opportunity: ±2.1 Acres with 150’ of frontage on Mentor Avenue - Two buildings on site: - 5,000 SF move-in ready office/medical space - 2,600 SF retail space - Neighboring retailers include: Target, Menards, Walmart, Lowes, Giant Eagle, Sams Club, Bed Bath & Beyond, Home Goods & many more - Neighboring restaurants include: Dairy Queen, Arby’s, Dunkin, Wendy’s, Chick-fil-A, McDonalds, Chipotle, Longhorns, Starbucks and Charley’s Philly Steaks are coming soon! - Zoned B-3 Commercial – a highly sought after zoning classification in Painesville Township - The market has a population of 97,441 people within a 5 mile radius and an average household income of $108,207
Contact us
Listing Agency: Passov Real Estate Group
Listed By: Bryant Bitar · License #SAL.2012003175
Source: Moodyscre
Added: Jun 10, 2021 Changed: Oct 25 Last Checked: Oct 26 at 5:16PM

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 Passov Real Estate Group

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Investment Insights

Based on property information with market context.

Redevelopment opportunity on approximately 2.1 acres with 150 feet of frontage. The property includes two buildings: a 5,000 SF move-in ready office/medical space and a 2,600 SF retail space.

The site is zoned B-3 Commercial. Retail and dining neighbors in the area include Target, Menards, Walmart, Lowe’s, Giant Eagle, Sam’s Club, Bed Bath & Beyond, HomeGoods, and several restaurants such as Dairy Queen, Arby’s, Dunkin’, Wendy’s, Chick-fil-A, McDonald’s, and Chipotle, with additional concepts noted as coming soon.

Demographic information provided for the market includes a population of 97,441 people within a 5-mile radius and an average household income of $108,207.

Key Highlights

  • 2.1‑acre redevelopment site with 150’ frontage on Mentor Avenue
  • Includes a 5,000 SF move‑in ready office/medical building
  • Also features a 2,600 SF retail building on‑site

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Big Box & Wholesale Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

494
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Redevelopment site with move-in ready office/medical and retail buildings on 150 feet of frontage.
Where is this commercial land located?
The property is located at 1536-1544 Mentor Ave Painesville, OH.
What are key features of this property?
This property features: 2.1‑acre redevelopment site with 150’ frontage on Mentor Avenue; Includes a 5,000 SF move‑in ready office/medical building; Also features a 2,600 SF retail building on‑site
(216) 363-6456 Call to check price and availability
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