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Mixed-Use Building with Restaurant and Office
For Lease
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8 N State St, Painesville, OH 44077

Corner mixed-use building planned for a ground-level restaurant with three floors of modern office suites.

Space Size6,500 SF
Days on Market558

Property Features for 8 N State St

General Information

Standard status Active
Size 6,500 SF
Property subtype RETAIL

Additional Details

Floor Ground

Building Details

Stories 4

Spaces For Lease

at 8 N State St Contact us

8 N State St

Floor
1
Size
6,500 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, COE
Sublease
No
8 N State Street, located on the corner of State & Main Street, formerly the KeyBank...
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Listing Agency: SVN Summit Commercial Real Estate Advisors
Listed By: Nichole Booker, PhD · License #SAL.2018004350
Source: Moodyscre
Added: Mar 4, 2025 Changed: Aug 8 Last Checked: Sep 12 at 11:43AM

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 SVN Summit Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

8 N State St is a mixed-use building located on the corner of State & Main Street in historic downtown Painesville. The property was formerly the KeyBank building and is set to be transformed as part of area redevelopment.

Planned improvements include a ground-level restaurant, with three floors dedicated to modern office suites. The building encompasses 6,500 SF, providing a combined footprint for food service on the main level and office use above.

With its street-corner presence in the downtown core and a straightforward split between restaurant and office space, the property offers an adaptable layout for tenants looking to operate within the same building while maintaining distinct functional areas.

Key Highlights

  • 6,500 SF mixed‑use building at 8 N State St
  • Corner of State & Main Street location
  • Former KeyBank building

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Nail Salon 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

803
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner mixed-use building planned for a ground-level restaurant with three floors of modern office suites.
Where is this mixed-use property located?
The property is located at 8 N State St Painesville, OH.
What are key features of this property?
This property features: 6,500 SF mixed‑use building at 8 N State St; Corner of State & Main Street location; Former KeyBank building
(330) 475-5500 Call to check price and availability
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