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    257 Main St Chardon, OH 44024

    For Lease
    Contact for pricing

    Prime Painesville retail, restaurant space.

    Lot size:
    150,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A mixed-use development, Grand River Walk, presents a unique leasing opportunity in the vibrant heart of Painesville, Ohio. Located at 257 Main St, 44024, this 150,000 square foot building, completed in 2025, offers multiple tenancy options ideal for a diverse range of businesses. The property boasts a prime location overlooking Recreation Park and the Grand River, within the newly designated Hillside Entertainment District. This is part of a larger, over $100 million current and planned development project revitalizing downtown Painesville. The building's strategic placement on Main Street Hill ensures high visibility and accessibility. Suitable for food service, general retail, clothing, sports, and nutrition businesses, this development offers a chance to be part of a thriving community and a significant investment in a rapidly growing area. The property is situated in Lake County's Painesville submarket, offering easy access to major transportation routes and a strong local customer base. This is an unparalleled opportunity to establish a presence in a revitalized downtown area with significant growth potential. Contact us today to learn more about available spaces and leasing options within this exciting new development.

    Property Features for 257 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    150,000 SF
    Class
    A

    Building Details

    Year Built
    2025
    Buildings
    1

    Unit(s) available at that property

    Space
    1
    Size
    5,301 SF

    HighLights

    • Restaurant and retail spaces available, 1,500‑9,080 SF.
    • Retail spaces offer direct access to a riverfront patio.
    • Patio connects to a new amphitheater hosting live music and events.
    • Building features 120 luxury apartments above retail.
    • $2M amphitheater opening Summer 2024.
    • Property includes a new splash park, dog park, renovated skate park, and athletic fields.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Chardon
    County
    Lake
    State
    Ohio
    Longitude
    -81.2078164
    Latitude
    41.5435432

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    FAQs

    What type of property is this?
    Restaurant - Prime Painesville retail, restaurant space.
    Where is this restaurant located?
    The property is located at 257 Main St Chardon, OH.
    What are key features of this property?
    This property features: Restaurant and retail spaces available, 1,500-9,080 SF.; Retail spaces offer direct access to a riverfront patio.; Patio connects to a new amphitheater hosting live music and events.
    Request Owner's contact information
    257 Main St Chardon, OH 44024
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    Chardon, OH 44024
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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
    257 Main St Chardon, OH 44024
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