Renovated Freestanding Office
8425 Station St Mentor, OH 44060
8425 Station St, Mentor, OH, 44060
$1,099,000
For Sale
$1,099,000
Renovated freestanding building with multiple private offices, private restrooms, conference space, and an open showroom floor.
Property Size7,200 SF
Price / SF$152.64
Days on Market224
Property Features for 8425 Station St
General Information
- Standard status
- Active
- Size
- 7,200 SF
Listing agency
Real of Ohio
(440) 796-0425
Listed by
Michael Kaim · License #430767
(440) 796-0425
Source
Exprealty
Added: Dec 10, 2025 Updated: Jul 22 at 12:01PM Checked: Jul 22 at 12:01PM
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 Real of Ohio
Investment Insights
Based on property information with market context.
Situated along a high-visibility corridor, this fully renovated freestanding commercial building is configured for either retail-facing showroom use or a professional office environment. The interior features twelve bright private offices, four well-placed private bathrooms, a large conference room with polished concrete floors, high ceilings, and a wall-mounted presentation screen, plus an oversized copier/meeting room that can support a variety of day-to-day needs.
A dedicated showroom floor provides open, client-facing space suitable for product displays or open-concept work environments. The property includes updated interior and exterior finishes, modern lighting, and stylish furniture options described as turnkey for immediate occupancy.
Ample parking supports convenient access for employees and visitors, and the exterior renovation is designed to present a contemporary facade to passersby.
A dedicated showroom floor provides open, client-facing space suitable for product displays or open-concept work environments. The property includes updated interior and exterior finishes, modern lighting, and stylish furniture options described as turnkey for immediate occupancy.
Ample parking supports convenient access for employees and visitors, and the exterior renovation is designed to present a contemporary facade to passersby.
Key Highlights
- Renovated freestanding commercial building with 7,200 SF designed for retail or professional office use
- Includes 12 private offices with contemporary finishes and private restroom access
- Four private bathrooms plus a large conference room with polished concrete floors and high ceilings
Local Financial Insights For Office B
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 | $158.1k | $21.96 |
| − Vacancy | −$36.5k | −$5.07 |
| EGI | $121.6k | $16.89 |
| − OpEx | −$30.4k | −$4.22 |
| NOI | $91.2k | $12.67 |
7,200 SF · lease $21.96/SF/yr · vacancy 23.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.52M
NOI $91,191 @ 7.0% cap · market cap 8.30%
Second Best
Retail
$964.4K
$843.8K – $1.13M
NOI $67,507 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,406 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Renovated freestanding building with multiple private offices, private restrooms, conference space, and an open showroom floor.
Where is this office building located?
The property is located at 8425 Station St Mentor, OH.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Renovated freestanding commercial building with 7,200 SF designed for retail or professional office use; Includes 12 private offices with contemporary finishes and private restroom access; Four private bathrooms plus a large conference room with polished concrete floors and high ceilings
