1630 Mentor Ave, Painesville, OH 44077
Retail building with available space on a 0.34-acre lot.
- Added:
- Feb 17, 2026
- Days on Market:
- 129
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1630 Mentor Ave
General Information
- Standard status
- Active
- Size
- 3,154 SF
- Lot size
- 0.34 Acres
- Property subtype
- Retail
Listing office Anchor Retail (440) 364-5626
Listing date Feb 17, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Anchor Retail
HighLights
- Excellent owner/user or investor opportunity with existing tenant (Master Pizza) and available space.
- High visibility with frontage on Mentor Avenue and Clairmont Drive.
- Ample parking with 27 spaces.
- Strategic location in a commercial area near major retailers.
- No local income tax, offering potential cost savings.
- Total building size of 3,154 SF on ± 0.34 acres.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.3k | $14.04 |
| − Vacancy | −$2.0k | −$0.65 |
| EGI | $42.2k | $13.39 |
| − OpEx | −$12.7k | −$4.02 |
| NOI | $29.6k | $9.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Painesville
- County
- Lake
- State
- Ohio
- Longitude
- -81.2792872
- Latitude
- 41.6980046
