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    1640 Mentor Ave Painesville, OH 44077

    Sponsored
    For Lease
    Contact for pricing

    Prime Painesville retail space, 1340 sq ft.

    Lot size:
    1,340 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,340 square foot retail space is ideally located at 1640 Mentor Avenue in Painesville, Ohio, within Lake County (zip code 44077). The property offers a single-tenant occupancy and is situated in a high-traffic area, directly across from a Marc's Supermarket, Tractor Supply Co., Dollar Tree, Aaron's, and a Starbucks. This ensures excellent visibility and accessibility for potential businesses. The space benefits from its position as an endcap unit, providing enhanced exposure. A strong existing tenant, Master Pizza, recently renewed their lease, demonstrating the location's appeal and stability. The property is conveniently located just half a mile west of the Lake County Fairgrounds on Mentor Avenue (Route 20), and within minutes of Lake Erie College, guaranteeing a consistent flow of potential customers. The surrounding area boasts a diverse range of established retailers, including Giant Eagle Supermarket, Planet Fitness, Pets Supplies Plus, Save-A-Lot, and AutoZone, further solidifying the area's commercial viability. This prime retail space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving commercial district. The property is ready for immediate occupancy.

    Property Features for 1640 Mentor Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,340 SF

    Unit(s) available at that property

    Space
    Size
    1,340 SF

    HighLights

    • 1,340 SF retail space at 1640 Mentor Ave, Painesville, OH (44077).
    • High‑traffic location, endcap unit across from Marc's, Tractor Supply, Dollar Tree, Aaron's, and Starbucks.
    • Strong existing tenant (Master Pizza) with a recently renewed lease.
    • Excellent visibility and accessibility; near Lake County Fairgrounds and Lake Erie College.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -81.2798056
    Latitude
    41.6977919

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    FAQs

    What type of property is this?
    Retail property - Prime Painesville retail space, 1340 sq ft.
    Where is this retail property located?
    The property is located at 1640 Mentor Ave Painesville, OH.
    What are key features of this property?
    This property features: 1,340 SF retail space at 1640 Mentor Ave, Painesville, OH (44077).; High-traffic location, endcap unit across from Marc's, Tractor Supply, Dollar Tree, Aaron's, and Starbucks.; Strong existing tenant (Master Pizza) with a recently renewed lease.
    Request Owner's contact information
    1640 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
    1640 Mentor Ave Painesville, OH 44077
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