1640 Mentor Ave Painesville, OH 44077
For Sale
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This exceptional 1,340 square foot retail space is ideally located at 1640 Mentor Avenue in Painesville, Ohio, within Lake County (zip code 44077). The property offers a single-tenant occupancy and is situated in a high-traffic area, directly across from a Marc's Supermarket, Tractor Supply Co., Dollar Tree, Aaron's, and a Starbucks. This ensures excellent visibility and accessibility for potential businesses. The space benefits from its position as an endcap unit, providing enhanced exposure. A strong existing tenant, Master Pizza, recently renewed their lease, demonstrating the location's appeal and stability. The property is conveniently located just half a mile west of the Lake County Fairgrounds on Mentor Avenue (Route 20), and within minutes of Lake Erie College, guaranteeing a consistent flow of potential customers. The surrounding area boasts a diverse range of established retailers, including Giant Eagle Supermarket, Planet Fitness, Pets Supplies Plus, Save-A-Lot, and AutoZone, further solidifying the area's commercial viability. This prime retail space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving commercial district. The property is ready for immediate occupancy.
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, OHPainesville. Always verify with local authorities before improvements.
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.