1701 Mentor Ave, Painesville, OH 44077-1459
- Office buildings
- 8,718 SF
- 0.76 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1701 Mentor Ave
- Year built
- 1960
- Lot size
- 0.76 lot acres
- Zone code
- R1
- Property type
- Office buildings
- APN
- 11-A-015-L-00-017-0
- APU
- 11A015L000170
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 1, 2024 | $515,000 | S S Patel LLC | 1701 Red Brick LLC | Warranty Deed | $115k · Red Brick LLC |
| Mar 20, 2015 | — | 1701 Red Brick LLC | Bencin Eric & Mary A | Quit Claim Deed · related | — |
| Oct 2, 2014 | $285,000 | Eric Bencin | Koenig,william R & Frances K | Grant Deed | — |
| Sep 10, 2010 | $156,600 | William R Koenig | Koenig,william R & Frances K | Quit Claim Deed · related | — |
| Jun 2, 2004 | $170,000 | State Of Ohio | Koenig,william R & Frances K | Warranty Deed | — |
Description
This exceptional executive office space, located at 1701 Mentor Avenue in Lake County, offers a prime opportunity for businesses seeking a prestigious address. The property boasts a total of 1,630 square feet, currently entirely vacant and available for lease. Flexible lease terms are available for spaces ranging from a minimum of 500 square feet to a maximum contiguous space of 1,130 square feet, making it ideal for a variety of business sizes and needs. The building is situated in a desirable office park setting, providing a professional and attractive environment for your company. Benefit from excellent street signage visibility, ensuring your business is easily noticed by potential clients and customers. Ample parking is available for employees and visitors, adding to the convenience and appeal of this location. The property enjoys a high traffic count exceeding 15,000 vehicles daily, guaranteeing significant exposure. Its advantageous township location eliminates city income tax, offering significant financial benefits. Furthermore, its strategic location provides quick access to Route 44, State Route 2, and Interstate 90, ensuring easy commutes for employees and clients alike. This is a rare opportunity to secure high-quality office space in a highly desirable and accessible location. Contact us today to schedule a viewing and explore the possibilities.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $515,000
- ML approach
- $515,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $511,000
- AI Estimate
- $380,000
Market price range: $356k - $1.00MMarket price range: $236k - $726k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $630,000 Current use
- AUTO REPAIR, GARAGE
- $730,000 Change: +16% Conversion: Difficult
- MEDICAL BUILDING
- $615,000 Change: -3% Conversion: Easy
- COMMERCIAL (GENERAL)
- $530,000 Change: -16% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Painesville
- County
- Lake
- State
- Ohio
- Longitude
- -81.2806
- Latitude
- 41.696
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA
