Financial
Distress signals
Property profile

257 S Main St Painesville, OH 44077

FOR LEASE
Other commercial real estate
Property ID
US66-1506059
70,188 SF 0.76 ac lot Built 1965
Last sale Apr 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property provides retail or restaurant space with up to 4,100 square feet and is located at street level within a mixed-use building that includes 110 luxury apartments above the retail area. The restaurant space connects to a rear patio with views of a river and nearby park and includes access to an amphitheater area used for live music and community events. The building is associated with planned site and public-realm improvements, including an amphitheater expansion and additional

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026
$565k
$509k – $622k
Sales comparison$4.26M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$61/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$20 – $107

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
B-3 Central Business DD Downtown Development M-1 Light Industrial M-2 Industrial Zoning Overlays: Design Districts, Historic Districts, P...
General categoryMIXED_USE
JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.9
Dental Office14.6
Spa & Massage13.5

Location

257 S Main St Painesville, OH 44077
County assessor · not on file Recorded deeds · 12 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1600 Mentor, Painesville, OH 44077-1704 $300,000 Dec 2025 4,210 SF
322 High, Fairport Harbor, OH 44077-5829 $110,000 Mar 2025 5,472 SF
225 High, Fairport Harbor, OH 44077-5834 $300,000 Mar 2025 8,640 SF
202 3rd, Fairport Harbor, OH 44077-5835 $270,000 Jan 2025 15,696 SF
217-221 High, Fairport Harbor, OH 44077 $195,000 Nov 2024 3,578 SF
522 Railroad, Painesville, OH 44077-4019 $110,000 Jun 2024 5,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message