8320 Lk Shr Blvd Mentor, OH 44060-1558
This exceptional turnkey retail opportunity encompasses both the thriving business and the accompanying real estate at 8320 Lake Shore Boulevard in Mentor, Ohio. The property boasts a generous 2,025 square feet of space situated on a 0.41-acre lot, offering ample room for operations and potential expansion. Its prime location directly across from the picturesque Mentor Lagoons provides unparalleled visibility and accessibility, attracting a high volume of foot traffic and ensuring significant exposure to potential customers. All major upgrades have already been completed, eliminating the need for costly renovations and allowing for immediate occupancy and operation. This presents a unique chance for an entrepreneur to step into a well-established business with minimal upfront investment and maximum potential for return. The asking price for this complete package is $299,900. This is a rare opportunity to own a successful business and its prime real estate location, offering a compelling blend of established success and future growth potential. The property's strategic location and the turnkey nature of the business make this an exceptional investment for those seeking a seamless transition into ownership. Don't miss this chance to own a piece of Mentor's vibrant lakeside community. Contact us today to schedule a showing and explore this exciting opportunity further.
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
B-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.