113 Main St Painesville, OH 44077-3414
This three-story, 24,663 square foot commercial building at 113 Main Street, Painesville, Ohio, offers a unique opportunity for businesses seeking office space in a vibrant downtown location. Located in the heart of the NEW MARKET URBAN RENEWAL PROJECT within the DOWNTOWN PAINESVILLE submarket cluster, this Class B building boasts 14 individual suites ranging from a minimum of 200 square feet to a maximum contiguous space of 6,500 square feet. Built in 1900 and extensively renovated in 2022, the property features attractive traditional and creative office spaces with ceiling heights ranging from 8 to 15 feet. The building is zoned B-3 Central Business, allowing for a variety of commercial uses. While elevators are not available, the building offers 24/7 access and is considered a secure environment. Multiple tenancy options are available, making it ideal for businesses of various sizes. The landlord is business-friendly and offers attractive leasing incentives and flexible lease terms. This prime location at the intersection of Main Street and St. Clair offers excellent visibility and accessibility. The property is situated in Lake County, Ohio, with a zip code of 44077.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
B3 · Painesville, OHCosts & 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.