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Downtown Painesville Mixed-Use Development
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257 Main St, Painesville, OH 44077

Mixed-use development in historic Downtown Painesville with planned development.

Space Size4,100 SF
Days on Market565

Property Features for 257 Main St

General Information

Standard status Active
Size 4,100 SF
Property subtype RETAIL

Spaces For Lease

at 257 Main St
257 S Main St AVAILABLE, Completion
Floor 1
Size 4,100 SF
Type RETAIL
Rate Contact for pricing
Sublease No
-Restaurant or retail up to 4,100 SF -Restaurant opens to rear patio overlooking the river and park -Rear patio leads to a new amphitheater hosting live music and community events -110 luxury apartments over retail -New $2M amphitheater planned 2025-26 -New splash park, dog park, revamped skate park, baseball and soccer fields -Enhancements for a vibrant nightlife atmosphere -Diverse recreational amenities
Contact us
Listing Agency: SVN Summit Commercial Real Estate Advisors
Listed By: Nichole Booker, PhD · License #SAL.2018004350
Source: Moodyscre
Added: Apr 11, 2025 Changed: Oct 25 Last Checked: Oct 26 at 7:58PM

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

Rey
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Investment Insights

Based on property information with market context.

Located in the heart of historic Downtown Painesville on Main Street Hill, the Grand River Walk Project is a new mixed-use development overlooking Recreation Park and The Grand River. It anchors the eastern perimeter of the newly designated Hillside Entertainment District. There is over $100 million in current and planned development in Downtown Painesville.

Key Highlights

  • Part of the Grand River Walk Project, a new mixed‑use development.
  • Located in the heart of historic Downtown Painesville.
  • Anchors the eastern perimeter of the newly designated Hillside Entertainment District.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Mixed-use development in historic Downtown Painesville with planned development.
Where is this retail space located?
The property is located at 257 Main St Painesville, OH.
What are key features of this property?
This property features: Part of the Grand River Walk Project, a new mixed‑use development.; Located in the heart of historic Downtown Painesville.; Anchors the eastern perimeter of the newly designated Hillside Entertainment District.
(330) 475-5500 Call to check price and availability
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