7285 Center St Mentor, OH 44060
- Mixed-use properties
- 2,496 SF
- 0.44 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 7285 Center St
- Year built
- 1910
- Lot size
- 0.44 lot acres
- Property size
- 2,496 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mentor
- County
- Lake
- State
- Ohio
- Longitude
- -81.3393
- Latitude
- 41.6725
