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Property profile & analytics
FOR LEASE
Strip malls

7547 Mentor Ave Mentor, OH 44060

22,680 SF 0.66 ac lot Built 1965
Entity Owned Free & Clear
Property ID
US66-2379047
Property summary
AI-generated overview

Colonial Plaza Offices, located at 7547 Mentor Ave, Mentor, OH 44060 in Lake County, offers a diverse range of office spaces perfect for businesses of all sizes. This multi-tenant property features a traditional office layout within a convenient strip mall setting. Ten individual office spaces are currently available, ranging in size from a minimum of 150 square feet to a maximum contiguous space of 1,320 square feet. The flexible space options cater to a variety of business needs, from small startups requiring minimal space to larger companies needing more substantial office areas. The property's location on Mentor Ave provides excellent visibility and accessibility, making it an ideal location for businesses seeking a prominent presence in the Mentor community. The building's traditional office design offers a professional and functional workspace, suitable for a wide range of industries. Interested parties are encouraged to inquire about available space and lease terms. The property is classified as both Office and Retail, reflecting its versatile nature and potential for various business applications.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Total area 22,680 SF
Lot 0.66 ac (28,750 SF)
Zoning code B-2
APN 16-B-031-A-00-019-0
UPID US66-2379047
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
JUC PARTNERSHIP
JUC PARTNERSHIP
Zoning & alternative use
B-2 · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

069,070-0 requesting a variance to Sec. 1173.09 of the Mentor Code of Ordinances to allow the installation of parking spaces at a 0-ft. setback from the right-of-way in lieu of the minimum 10-ft. setback required in the B-2, General Business District. RICHARD & MARSHA MAHONEY FOR 6169 THISTLEWOOD DRIVE, PP16-C-081-K-00-020-0 requesting a variance to Sec. 116…

Zone name General Business
General category COMMERCIAL
Zone area 1,062.03 ac
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