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Mixed-Use Property with Apartment
For Sale
$495,000

7362 Center Street, Mentor, OH 44060

CommercialSale, Mentor, OH

Property SizeContact for details
Lot Size0.20 Acres
Days on Market541

Property Features for 7362 Center Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking 15
Parking features Driveway
Elementary school district Mentor EVSD - 4304
Middle school district Mentor EVSD - 4304
High school district Mentor EVSD - 4304
Directions If coming from Route 2, building will be on left side of 615. If coming from 90 building will be on left side.
Standard status Active
APN 16-B-038-A-00-059-0
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3353

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1941
Floors in Building 2
Roof type Metal
Listing Agency: Platinum Real Estate
Listed By: Mark C Zervos · License #2014001304
Added: Feb 27, 2025 Changed: Aug 20 Last Checked: Aug 22 at 7:06AM
MLS# 5102874

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 property combines commercial and residential components within a building constructed in 1941. The main space is operating as a hair salon, with no permanently installed salon structures, allowing the commercial area to be reconfigured. An upstairs apartment is rented, while the lower-level basement provides additional space for potential rental, business, or live/work use as permitted.

The property occupies 0.2 acres at 7362 Center Street in Mentor, Ohio. Site features include a driveway, metal roofing, central air conditioning, and forced-air natural gas heat. Public water and public sewer serve the property. The combination of an active commercial use, an occupied apartment, and additional lower-level space supports a range of mixed-use configurations.

Key Highlights

  • Mixed‑use building at 7362 Center Street, Mentor, OH 44060
  • 0.2‑acre property with driveway parking
  • Operating hair salon with no permanently fixed salon structures

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Locksmith Food Market

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
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space with an operating hair salon, residential occupancy upstairs, and a lower-level basement.
Where is this mixed-use property located?
The property is located at 7362 Center Street Mentor, OH.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Mixed‑use building at 7362 Center Street, Mentor, OH 44060; 0.2‑acre property with driveway parking; Operating hair salon with no permanently fixed salon structures
More about this property
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