Historic Mixed-Use
New
For Sale
$160,000
367 N State Street, Painesville, OH 44077
CommercialSale, Painesville, OH
Property SizeContact for details
Lot Size0.10 Acres
Days on Market4
Property Features for 367 N State Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Industrial
Rooms
Basement
Parking
6
Parking features
Driveway, On Street
Subdivision
Sw Phelps Heirs Surv
Elementary school district
Painesville City LSD - 4305
Middle school district
Painesville City LSD - 4305
High school district
Painesville City LSD - 4305
Directions
367 N. State Street is located just 1/4 mile north of Erie Street in downtown Painesville.
Standard status
Active
APN
15-A-013-0-00-038-0
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PAINESVILLE LOT TRACT 3 PART OF LOT 95
Tax Annual Amount
3544
Legal Description
PAINESVILLE LOT TRACT 3 PART OF LOT 95
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1900
Roof type
Asphalt, Built-Up
Listing Agency:
Keller Williams Greater Cleveland Northeast · Keller Williams Realty
(440) 255-5500
Listed By:
Rick Osborne · License #2010001710
(440) 299-5190
Added: Aug 26
Changed: Aug 28
Last Checked: Aug 29 at 11:06AM
MLS# 5239894
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.
Built in 1900, this two-story mixed-use property has wood construction, a partial basement, and one apartment on the second floor. The ground-floor commercial area was previously operated as a bar and restaurant and includes an existing kitchen hood. Interior improvements remain unfinished, with the building opened to the 2-by-4 studs for further work.
The property fronts N. State Street in Painesville and occupies 0.1033 acres. Public water and public sewer serve the site, while the existing utilities require updating. Parking is available through a driveway and on-street spaces. Asphalt and built-up roofing are present.
The property fronts N. State Street in Painesville and occupies 0.1033 acres. Public water and public sewer serve the site, while the existing utilities require updating. Parking is available through a driveway and on-street spaces. Asphalt and built-up roofing are present.
Key Highlights
- Two‑story mixed‑use building constructed in 1900
- 0.1033‑acre property fronting N. State Street
- Former bar and restaurant space with kitchen hood
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
776
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story wood construction includes a former bar and restaurant space with one second-floor apartment.
Where is this mixed-use property located?
The property is located at 367 N State Street Painesville, OH.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Two‑story mixed‑use building constructed in 1900; 0.1033‑acre property fronting N. State Street; Former bar and restaurant space with kitchen hood
