Mixed-Use Property with 6
New
For Sale
$499,900
17 E Erie Street, Painesville, OH 44077
CommercialSale, Painesville, OH
Property SizeContact for details
Lot Size0.51 Acres
Days on Market2
Property Features for 17 E Erie Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Rooms
Basement
Parking
20
Subdivision
City/Painesville
Elementary school district
Painesville City LSD - 4305
Middle school district
Painesville City LSD - 4305
High school district
Painesville City LSD - 4305
Directions
This property sits on the NE corner of E. Erie Street and Richmond Road east of Wing Stop. In the core of downtown Painesville and west Lake County jail that is under construction.
Standard status
Active
APN
15-D-003-0-00-012-0
Lot size
0.51 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 8
Tax Annual Amount
6343
Legal Description
LOT 8
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1905
Roof type
Asphalt
Listing Agency:
Keller Williams Greater Cleveland Northeast · Keller Williams Realty
(440) 255-5500
Listed By:
Rick Osborne · License #2010001710
(440) 299-5190
Added: Sep 18
Changed: Sep 19
Last Checked: Sep 19 at 9:06PM
MLS# 5246492
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use offering includes two buildings on separate parcels. The property at 17 E. Erie Street contains six units: a retail space previously used as a barbershop and five apartments. The residential layout includes one apartment on the first level, two on the second and third levels, and two in the lower level. Current occupants are on month-to-month tenancies.
The second building at 23 E. Erie Street is a non-conforming single-family residence with an efficiency suite in the basement and is currently vacant. A small rear outbuilding is also included. The property is zoned B-2 and is being offered as-is, where-is. Improvements include forced-air heating, central air, public water, public sewer, and an asphalt roof; the original construction dates to 1905.
The second building at 23 E. Erie Street is a non-conforming single-family residence with an efficiency suite in the basement and is currently vacant. A small rear outbuilding is also included. The property is zoned B-2 and is being offered as-is, where-is. Improvements include forced-air heating, central air, public water, public sewer, and an asphalt roof; the original construction dates to 1905.
Key Highlights
- Six‑unit mixed‑use building at 17 E. Erie Street
- Retail space plus five apartments, including lower‑level units
- Second building includes a vacant residence and basement efficiency suite
Property Analytics
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Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
884
Businesses Nearby
Explore this area
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 Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings combine retail, apartments, and a vacant residence under B-2 commercial zoning.
Where is this mixed-use property located?
The property is located at 17 E Erie Street Painesville, OH.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Six‑unit mixed‑use building at 17 E. Erie Street; Retail space plus five apartments, including lower‑level units; Second building includes a vacant residence and basement efficiency suite
