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Freestanding Industrial Building
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444 Newell St, Painesville, OH 44077

M-2-zoned industrial property with drive-in access and three-phase electrical service.

Property Size8,199 SF
Lot Size1.00 Acre
Days on Market1010

Property Features for 444 Newell St

General Information

Standard status Active
Size 8,199 SF
Lot size 1.00 Acre
Property subtype INDUSTRIAL
Zoning M-2

Warehouse & Industrial

Drive-In Doors 1
Voltage 480 V
Three-Phase Power Yes

Building Details

Year Built 1980
Building Size 8,199 SF
Listing Agency: Hanna Commercial Real Estate | Cleveland
Listed By: Gregory B. West · License #SAL.2001014166
Source: Moodyscre
Added: Oct 27, 2023 Changed: Jul 31 Last Checked: Aug 1 at 1:50PM

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 Hanna Commercial Real Estate | Cleveland

Investment Insights

Based on property information with market context.

Freestanding industrial building constructed in 1980 and improved with 8,199 square feet of space on 1 AC. The property includes 1 drive-in and 480/3 phase power, supporting industrial occupancy and operations.

Zoned M-2 Industrial, the building is located at 444 Newell St in Painesville, OH 44077.

Key Highlights

  • 8,199 SF industrial building on 1 AC
  • Built in 1980
  • Zoned M‑2 Industrial

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon

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

1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

128
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

Market

Properties on Market for Industrial properties in Lake County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - M-2-zoned industrial property with drive-in access and three-phase electrical service.
Where is this industrial property located?
The property is located at 444 Newell St Painesville, OH.
What are key features of this property?
This property features: 8,199 SF industrial building on 1 AC; Built in 1980; Zoned M‑2 Industrial
(216) 861-5379 Call to check price and availability
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