7285 Center St Mentor, OH 44060
This exceptional mixed-use property at 7285 Center Street in Mentor, OH, presents a lucrative investment opportunity. Spanning 0.44 acres, the property features two distinct buildings generating immediate cash flow. The primary building, totaling 2,496 square feet, boasts a prime location with easy highway access and ample parking. Currently configured for spa/medical services, this versatile space offers endless possibilities for various businesses, including office spaces, retail ventures (bridal shop, nail salon, tattoo shop, etc.). Two units are currently leased on a month-to-month basis, providing immediate rental income. The second building on the lot is a three-bedroom residential home occupied by a long-term tenant, further enhancing the property's cash flow potential. This turnkey investment is priced to sell, offering a significant return on investment. The buyer is responsible for conducting due diligence to confirm permitted uses. This property is an excellent opportunity for investors seeking a diversified portfolio with immediate income generation and significant upside potential. The combination of commercial and residential spaces creates a unique and attractive investment package. Don't miss this chance to acquire a high-demand property in a thriving location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.