8224 Mentor Ave, Mentor, OH 44060
For Lease
1 / 2
This exceptional investment opportunity presents two, two-story brick buildings situated on a 3.474-acre lot in the desirable Mentor Office Park. Built in 1973, this Class B property offers a total of 166 parking spaces, ensuring ample convenience for tenants and visitors. The property is zoned R-2 and features a mix of professional and medical office tenants, creating a diverse and stable tenant base. Currently, one suite of 1,809 square feet is available for lease. The buildings boast a park-like setting, enhancing the professional atmosphere. Located at 8224 Mentor Avenue in Mentor, Ohio (zip code 44060), this property enjoys a prime location directly across from the public library, providing excellent visibility and accessibility. Its convenient proximity to I-90 and public transportation ensures easy commutes for employees and clients. The property's APN numbers are 16A010D000120 and 16A010D000280, located in Lake County, Ohio. This is a rare opportunity to acquire a well-maintained, established medical office complex in a high-demand location. The property's strong location and existing tenant base make it an attractive investment for both seasoned and new investors seeking a stable and growing income stream. The total number of suites within the buildings is not currently specified.
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
R-2 · Mentor, OHMentor. 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.