8455 Sta St Mentor, OH 44060-4924
For Sale
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This exceptional 5,159 square foot retail property, situated on a 2.05-acre lot at 8455 Station Street in Mentor, Ohio, presents a unique investment opportunity. The property boasts a rich history and currently operates as a full-service restaurant, event/party center, and bar. Its prime location in the heart of Mentor ensures high visibility and foot traffic. The building's versatility is further enhanced by an additional 3,500 square feet of covered outdoor space, perfect for al fresco dining or event hosting. All existing equipment and a valuable liquor license are included in the sale price of $725,000. This turnkey operation benefits from its proximity to key attractions such as the Great Lakes Mall, Mentor Civic Amphitheater, and Mentor Lagoons Nature Preserve, drawing a consistent stream of customers from both local residents and tourists. The surrounding area is characterized by a diverse mix of retail and dining establishments, creating a vibrant and bustling commercial environment. This property is ideally suited for investors seeking a profitable venture in the retail or restaurant sector, offering a blend of established business and significant growth potential within a thriving community.
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
M-1 · 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.