Single-Story Flex
For Sale
Contact for pricing
7015 Center St, Mentor, OH 44060
Flexible layout combines showroom, office, and warehouse areas with a garage door.
Property Size6,412 SF
Lot Size0.66 Acres
Price / SF$71.74
Days on Market38
Property Features for 7015 Center St
General Information
Standard status
Active
Size
6,412 SF
Total Parking Spaces
40
Lot size
0.66 Acres
Property subtype
RETAIL
Zoning
General Business
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
1
Building Details
Stories
1
Building Size
6,412 SF
Listing Agency:
Global Real Estate Advisors
(440) 255-5552
Listed By:
Neil Sawicki, SIOR, Broker
(440) 339-8585
Source:
Moodyscre
Added: Jun 26
Changed: Jul 31
Last Checked: Aug 1 at 2:22PM
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 Global Real Estate Advisors
Investment Insights
Based on property information with market context.
This 6,412± SF single-story flex property occupies a .66± acre site with a flexible showroom, office, and warehouse layout. The building includes an 8’x10’ garage door, approximately 40 parking spaces, and General Business zoning, supporting a range of commercial owner-user configurations.
Located at 7015 Center St in Mentor, the property offers 242± FT of frontage on Center Street (SR 615), with quick access to State Route 2 and Interstate 90. It is adjacent to Classic Auto Wash and Lady & Gentleman’s Salon, placing the property within an established commercial setting.
Located at 7015 Center St in Mentor, the property offers 242± FT of frontage on Center Street (SR 615), with quick access to State Route 2 and Interstate 90. It is adjacent to Classic Auto Wash and Lady & Gentleman’s Salon, placing the property within an established commercial setting.
Key Highlights
- 6,412± SF mixed‑use flex property on a .66± acre site
- Flexible showroom, office, and warehouse layout
- 8’x10’ garage door and approximately 40± parking spaces
Financial Insights For Warehouse
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 | $36.6k | $5.71 |
| − Vacancy | −$1.4k | −$0.21 |
| EGI | $35.3k | $5.50 |
| − OpEx | −$5.3k | −$0.82 |
| NOI | $30.0k | $4.67 |
6,412 SF · lease $5.71/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.16M
$1.02M – $1.35M
NOI $81,211 @ 7.0% cap · market cap 17.65%
Second Best
Retail
$858.8K
$751.5K – $1.00M
NOI $60,118 @ 7.0% cap · market cap 13.07%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,666 @ 7.0% cap · market cap 22.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44060, OH
60,360
Population
27,276
Households
2.2
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
39.9 sq mi
ZIP Area
1,513
Density / Sq Mi
$85,881
Median Household Income
$51,736
Median Earnings
$1,156
Median Rent
$227,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mike's Kitchen Catering Co — 8488 Mentor Ave, Mentor, OH 44060
- Leolo's Table Private Chef Experience — 8488 Mentor Ave, Mentor, OH 44060
- Leolo Hospitality — 8488 Mentor Ave, Mentor, OH 44060
Frequently Asked Questions
What type of property is this?
Flex space - Flexible layout combines showroom, office, and warehouse areas with a garage door.
Where is this flex space located?
The property is located at 7015 Center St Mentor, OH.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 6,412± SF mixed‑use flex property on a .66± acre site; Flexible showroom, office, and warehouse layout; 8’x10’ garage door and approximately 40± parking spaces
