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    1623 Mentor Ave Painesville, OH 44077

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    For Lease
    Contact for pricing

    Prime Painesville Retail Space - High Traffic Location

    Lot size:
    4,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Crystal Plaza offers a fantastic retail opportunity in Painesville, Ohio. This multi-tenant property enjoys a highly visible location on Route 20 (Mentor Avenue), directly west of the Lake County Fairgrounds. The center boasts a strong tenant mix, including established national brands such as Marc's, Tractor Supply, Dollar Tree, and a recently opened Starbucks. This ensures high foot traffic and a vibrant retail environment. The surrounding area is also home to a variety of other popular restaurants and retailers, including Wendy's, McDonald's, Subway, Little Caesars, AutoZone, CVS Pharmacy, Classic Buick GMC, and Save-A-Lot, further enhancing the property's appeal and drawing a diverse customer base. Currently, a 4,750 square foot endcap space is available, ideal for a business seeking high visibility and convenient access. The property's location on a major thoroughfare guarantees excellent exposure to a large volume of daily traffic. This presents a unique opportunity for businesses looking to establish or expand their presence in a thriving retail market within Lake County. The available space is an endcap unit, providing exceptional visibility and signage opportunities. This prime location, combined with the existing strong tenant lineup, makes Crystal Plaza an exceptional investment opportunity for businesses seeking a high-traffic, well-established retail environment. The property is categorized as a power center, strip center, and inline retail, offering flexibility for various business types.

    Property Features for 1623 Mentor Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,750 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    4,750 SF

    HighLights

    • Retail property in Painesville, OH, located on Route 20 (Mentor Avenue), near the Lake County Fairgrounds.
    • Strong tenant mix including Marc's, Tractor Supply, Dollar Tree, and Starbucks.
    • 4,750 SF endcap space currently available.
    • Excellent location with nearby national retailers such as Wendy's, McDonald's, Subway, AutoZone, and CVS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Painesville
    County
    Lake
    State
    Ohio
    Longitude
    -81.278240994415
    Latitude
    41.69769094785

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Painesville Retail Space - High Traffic Location
    Where is this neighborhood center located?
    The property is located at 1623 Mentor Ave Painesville, OH.
    What are key features of this property?
    This property features: Retail property in Painesville, OH, located on Route 20 (Mentor Avenue), near the Lake County Fairgrounds.; Strong tenant mix including Marc's, Tractor Supply, Dollar Tree, and Starbucks.; 4,750 SF endcap space currently available.
    Request Owner's contact information
    1623 Mentor Ave Painesville, OH 44077
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    Painesville, OH 44077
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1623 Mentor Ave Painesville, OH 44077
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