Two-Building Mixed-Use
17 E Erie Street, Painesville, OH 44077
For Sale
$499,900
CommercialSale, Painesville, OH
Property SizeContact for details
Lot Size0.51 Acres
Days on Market51
Property Features for 17 E Erie Street
General Information
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Additional Details
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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: Oct 29
Last Checked: Nov 7 at 12:06PM
MLS# 5246492
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Investment Insights
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The offering includes two buildings on separate parcels totaling 0.51 acres, with B-2 commercial zoning. The mixed-use building contains six units: one retail space and five apartments distributed across the lower, ground, second, and third levels. The retail space was previously used as a barbershop. Current occupants have month-to-month tenancies. A second building is a nonconforming single-family residence with a basement efficiency suite and is vacant. A small outbuilding is also included. The property is offered in its current condition; the seller may remove some or all contents before transfer.
Built in 1905, the property has forced-air heat, central air, public water, and public sewer.
Built in 1905, the property has forced-air heat, central air, public water, and public sewer.
Key Highlights
- Two separate parcels comprise 0.51 acres with B‑2 (Commercial) zoning
- Mixed‑use building has 6 units: one retail space and 5 apartments
- Apartments are distributed across the lower, first, second, and third levels
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
884
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 Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A six-unit building combines retail and apartment space with a separate vacant residence and rear outbuilding.
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: Two separate parcels comprise 0.51 acres with B‑2 (Commercial) zoning; Mixed‑use building has 6 units: one retail space and 5 apartments; Apartments are distributed across the lower, first, second, and third levels
