444 Newell St Painesville, OH 44077
- Manufacturing properties
- 8,588 SF
- 0.40 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 444 Newell St
- Year built
- 1987
- Lot size
- 0.40 lot acres
- Property size
- 8,588 SF
- Zone code
- M-2
- Property type
- Manufacturing properties
- APN
- 15-C-031-0-00-004-0
- APU
- 15C0310000040
Description
This freestanding industrial warehouse, located at 444 Newell Street in Painesville, Ohio, presents a compelling investment opportunity. Built in 1980, the property boasts a substantial 8,199 square feet of space situated on a one-acre lot. The building is zoned M-2 Industrial, allowing for a wide range of potential uses. Key features include a convenient drive-in loading bay, ensuring efficient operations. The property also benefits from robust 480/3-phase power, ideal for industrial applications requiring significant electrical capacity. The location in Painesville, Ohio, zip code 44077, offers easy access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The asking price for this well-maintained industrial building is $700,000. This represents a rare opportunity to acquire a functional and strategically located industrial property in a thriving market. The property's size, zoning, and power capabilities make it suitable for a variety of industrial businesses seeking a well-established and readily available space. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Painesville
- County
- Lake
- State
- Ohio
- Longitude
- -81.266
- Latitude
- 41.7197
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
