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Property profile & analytics
OFF-MARKET
Commercial real estate

8320 Lk Shr Blvd Mentor, OH 44060-1558

0.21 ac lot
Individually Owned 1-yr Hold Free & Clear
Property ID
US66-3807266
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.21 ac (9,300 SF)
Zoning code B-2
APN 16-D-099-B-00-068-0
UPID US66-3807266
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
Michael Tutolo · 1 yrs held
Michael Tutolo
since 2025
Last sale
$200,000
4 recorded transactions
2025
$132,200
2019
$200,000
2014
$143,000
1969
Price N/A
Zoning & alternative use
B-2 · Mentor, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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