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    Painesville, OH Restaurants for Sale

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    Concord Twp, OH Concord, OH Grand River, OH
    Historic Mixed-Use Building in Painesville
    $149,000
    4,308 SF
    Historic Mixed-Use Building in Painesville

    367 North State, Painesville, OH 44077

    Historic mixed-use building in downtown Painesville, Ohio, ready for renovation.
    • Prime Location in Painesville's retail district, offering high visibility.
    • Unique 1890 Historic Building with restoration potential.
    • Existing Infrastructure: All utilities present, with a kitchen hood already installed.
    • Development Ready: Interior demolition permit acquired, estimates for full remodeling available.
    • New Roof: Partial installation of new asphalt shingles.
    Updated: Feb 7
    View details
    Historic Building in Painesville, Ohio
    $149,000
    0.10 Acres
    Historic Building in Painesville, Ohio

    367 North State Street, Painesville, OH 44077

    Two-story historic building, previously a bar/restaurant with apartment.
    • Historic building built in 1900, offering restoration potential.
    • Formerly a bar/restaurant, kitchen hood is present.
    • Features one apartment on the 2nd floor.
    • New asphalt shingles on a portion of the building.
    • Interior demolition permit acquired; gutted to the studs.
    Updated: Jul 21, 2025
    View details
    Based on your search, we've compiled 62 Potential Opportunities for your consideration. Besides 2 Active listings in Painesville, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Investment in Downtown Willoughby
    $2,800,000
    8,700 SF
    Restaurant Investment in Downtown Willoughby

    8,700 SF modern building in a prime location.

    3941 Erie Street, Willoughby, OH 44094

    View details
    Full-Service Restaurant with Covered Patio
    $575,000
    2.05 Acres
    Full-Service Restaurant with Covered Patio

    Historical restaurant, bar, and event center offering covered outdoor space and a liquor license, available for sale or lease.

    8455 Station Street, Mentor, OH 44060

    View details
    Restaurant/Bar/Retail Site For Sale
    $899,000
    2,992 SF
    Restaurant/Bar/Retail Site For Sale

    Restaurant, bar, and retail site with renovated space and outdoor patio.

    9528 Diamond Centre Dr, Mentor, OH

    View details
    Retail with Drive-Thru For Sale
    $825,000
    2,134 SF
    Retail with Drive-Thru For Sale

    2,134 SF retail space with drive-thru on 1 AC.

    36751 Euclid Avenue, Willoughby, OH 44094

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land on Mentor Avenue
    $900,000
    3.15 Acres
    Commercial Land on Mentor Avenue

    3.15 acre commercial land parcel for sale.

    1936 Mentor Avenue, Painesville, OH 44077

    View details
    Painesville Twp Commercial Development Site
    $900,000
    3.15 Acres
    Painesville Twp Commercial Development Site

    3.15 acre commercial land parcel on Mentor Avenue.

    1936 Mentor Avenue, Painesville, OH 44077

    View details
    Redevelopment Land with Parking
    $299,000
    0.48 Acres
    Redevelopment Land with Parking

    Cleared commercial land with street utilities, multiple driveways, and parking—positioned for a range of commercial builds.

    6082 Andrews Road, Mentor On The Lake, OH 44060

    View details
    Redevelopment-Ready Commercial Land Parcel
    $299,000
    0.48 Acres
    Redevelopment-Ready Commercial Land Parcel

    Cleared commercial site with multiple driveways, parking, and patio areas, positioned on a high-traffic corner.

    6082 Andrews Road, Mentor On The Lake, OH 44060

    View details

    Off-Market Properties in Painesville, OH

    Consider similar Off-Market properties in Painesville, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1808 Rdg Rd
    RESTAURANT
    5,904 SF Lot: 0.58 Acres
    Value Estimation by Request

    1808 Rdg Rd, Painesville, OH 44077-4814

    View details
    566 Liberty St
    RESTAURANT
    1,581 SF Lot: 0.23 Acres
    Value Estimation by Request

    566 Liberty St, Painesville, OH 44077-3620

    View details
    11 Chester St
    RESTAURANT
    9,294 SF Lot: 0.28 Acres
    Value Estimation by Request

    11 Chester St, Painesville, OH 44077-3022

    View details
    569 State St, Unit 577
    RESTAURANT
    2,020 SF Lot: 0.85 Acres
    Value Estimation by Request
    Unit 577

    569 State St, Painesville, OH 44077-3638

    View details
    50 State St
    RESTAURANT
    3,740 SF Lot: 0.09 Acres
    Value Estimation by Request

    50 State St, Painesville, OH 44077-3904

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    1515 Madison Ave
    TAKE-OUT RESTAURANT
    1,280 SF Lot: 0.31 Acres
    Value Estimation by Request

    1515 Madison Ave, Painesville, OH 44077-5115

    View details
    175 Erie St
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,681 SF Lot: 1.81 Acres
    Value Estimation by Request

    175 Erie St, Painesville, OH 44077-3909

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    1820 Rdg Rd
    RESTAURANT
    9,280 SF Lot: 1.74 Acres
    Value Estimation by Request

    1820 Rdg Rd, Painesville, OH 44077-4814

    View details
    1165 Mentor Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,195 SF Lot: 0.43 Acres
    Value Estimation by Request

    1165 Mentor Ave, Painesville, OH 44077-1831

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    266-268 Richmond St
    RESTAURANT
    1,588 SF Lot: 0.12 Acres
    Value Estimation by Request

    266-268 Richmond St, Painesville, OH 44077

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    200 Richmond St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,823 SF Lot: 0.47 Acres
    Estimated value
    $1,285,000

    200 Richmond St, Painesville, OH 44077-3227

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    450 Chester St
    RESTAURANT
    1,760 SF Lot: 0.22 Acres
    Value Estimation by Request

    450 Chester St, Painesville, OH 44077-4167

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    36 State St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,024 SF Lot: 0.06 Acres
    Value Estimation by Request

    36 State St, Painesville, OH 44077-3423

    View details
    2219 Mentor Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,907 SF Lot: 1.03 Acres
    Estimated value
    $900,000

    2219 Mentor Ave, Painesville, OH 44077-1324

    View details
    7 Jackson St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,459 SF Lot: 0.56 Acres
    Estimated value
    $2,085,000

    7 Jackson St, Painesville, OH 44077-3210

    View details
    970 Riverside Dr
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,080 SF Lot: 1.31 Acres
    Value Estimation by Request

    970 Riverside Dr, Painesville, OH 44077-5207

    View details
    1640 Mentor Ave
    RESTAURANT
    3,154 SF Lot: 0.34 Acres

    1640 Mentor Ave, Painesville, OH 44077-1707

    View details
    736 Richmond St
    DRIVE-THRU RESTAURANT, FAST FOOD
    940 SF Lot: 0.75 Acres
    Value Estimation by Request

    736 Richmond St, Painesville, OH 44077-3040

    View details
    1272 Mentor Ave
    RESTAURANT
    3,658 SF Lot: 0.42 Acres
    Value Estimation by Request

    1272 Mentor Ave, Painesville, OH 44077-1852

    View details
    2510 Rdg Rd
    RESTAURANT
    2,880 SF Lot: 0.75 Acres
    Value Estimation by Request

    2510 Rdg Rd, Painesville, OH 44077-4802

    View details
    Fairfield Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    Lot: 0.01 Acres
    Value Estimation by Request

    Fairfield Rd, Painesville, OH 44077

    View details
    1444 Mentor Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,885 SF Lot: 0.34 Acres
    Value Estimation by Request

    1444 Mentor Ave, Painesville, OH 44077-1804

    View details

    Painesville, OH Restaurants Market Trends and Statistics

    Explore 54 restaurants for sale in Painesville, OH on our real estate platform. These investment opportunities span a total of 4,308 square feet of properties for sale, with an estimated market value of $149,000.

    Sale prices for restaurant properties in Painesville, OH start at $149,000, averaging $149,000, and reaching up to $149,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

    Population 58K
    Population Growth (5Y) +2.8%
    Median Household Income $80,692
    College Educated 40.0%

    High-Yield Neighborhoods for Investment

    Identify Painesville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44077 $149K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Painesville fall within the 2,500 to 5,000 square foot range.

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