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Commercial Land with Office Building
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1544 Mentor Ave, Painesville, OH 44077

B-3-zoned commercial land improved with move-in-ready office and medical space.

Space Size5,000 SF
Days on Market114

Property Features for 1544 Mentor Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype Land

Spaces For Lease

at 1544 Mentor Ave
5,000 SF Freestanding Office
Size 5,000 SF
Type Medical
Term Negotiable
Rate Contact for pricing
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Listed By: Bryant Bitar
Source: Passovgroup
Added: Jun 25 Changed: Oct 15 Last Checked: Oct 16 at 6:26AM

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 Bryant Bitar

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Investment Insights

Based on property information with market context.

This 1.18-acre commercial land property includes a 5,000-square-foot freestanding office and medical building described as move-in ready. The improvement provides an existing commercial structure on the site, while B-3 Commercial zoning is identified for the property in Painesville Township.

The property is located at 1544 Mentor Ave in Painesville, Ohio, with 75 feet of frontage on Mentor Avenue. Surrounding retail and restaurant businesses include Target, Menards, Walmart, Lowe’s, Giant Eagle, Sam’s Club, Starbucks, Chipotle, Chick-fil-A, and McDonald’s. Additional listed restaurants and retailers include Dairy Queen, Arby’s, Dunkin’, Wendy’s, LongHorn Steakhouse, HomeGoods, and Bed Bath & Beyond.

Key Highlights

  • 1.18‑acre commercial land parcel with existing improvements
  • 5,000 SF move‑in‑ready office and medical building
  • 75’ of frontage on Mentor Avenue

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Skin Care Clinic Kitchen & Bath Showroom Restaurant

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - B-3-zoned commercial land improved with move-in-ready office and medical space.
Where is this commercial land located?
The property is located at 1544 Mentor Ave Painesville, OH.
What are key features of this property?
This property features: 1.18‑acre commercial land parcel with existing improvements; 5,000 SF move‑in‑ready office and medical building; 75’ of frontage on Mentor Avenue
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