367 State St Painesville, OH 44077

Property Details for 367 State St

Year built

1900

Construction

WOOD

Lot size

0.10 lot acres

Property size

6,778 SF

Zone code

M-2

Property type

Turn key restaurants

APN

15-A-013-0-00-038-0

APU

15A0130000380

Description

This exceptional 6,778 square foot retail building presents a unique investment opportunity in the heart of Painesville, Ohio. Located at 367 N State Street, this historic two-story structure, built in 1900, boasts prominent frontage along N. State Street. The property sits on a 0.1-acre lot and offers a partial basement. Previously used as a bar/restaurant, the building is currently gutted to the 2x4 studs, providing a blank canvas for a complete renovation. All utilities are available on-site, though upgrades are required. A significant feature is the existing kitchen hood, which could be incorporated into a future restaurant or food-service concept. The wood-frame construction offers character and charm, while the substantial square footage allows for diverse redevelopment possibilities. This property is ideal for an investor seeking a high-impact project in a desirable downtown location. The building's history and prime location offer significant potential for a strong return on investment. The extensive renovation required presents an opportunity to create a truly unique and modern space tailored to the needs of a new business. The existing infrastructure, including utilities and the kitchen hood, provides a solid foundation for a variety of commercial uses. This is a rare chance to acquire a piece of Painesville's history and shape its future.

Location Insight

City

Painesville

County

Lake

State

Ohio

Longitude

-81.2456

Latitude

41.7319

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments