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    Painesville, OH Restaurants for Sale

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    Grand River, OH Fairport Harbor, OH Mentor, OH Hillsboro, OH Concord Township, OH Perry, OH Madison, OH Chardon, OH
    Historic Mixed-Use Building
    Updated: Aug 26
    Historic Mixed-Use Building

    367 N State Street, Painesville, OH 44077

    $160,000
    0.10 AC lot
    Two‑story mixed‑use building constructed in 1900
    0.1033‑acre property fronting N. State Street
    Former bar and restaurant space with kitchen hood
    One apartment located on the second floor
    Partial basement included
    View details
    KFC Absolute NNN Property
    Updated: Apr 3
    KFC Absolute NNN Property

    200 Richmond Street, Painesville, OH 44077

    $1,302,608
    1,823 sqft
    Absolute triple net lease with approximately 15.5 years remaining
    Two (2) five‑year options to extend with 7% rent increases every five years
    1,823 SF building constructed in 1992 and renovated in 2015
    Just under 1/2‑acre parcel with three points of ingress/egress and ample parking
    Combined traffic counts exceeding 60,000 vehicles per day across nearby routes
    View details
    See hot listings in Painesville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    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.

    Two-Story Restaurant Building
    Two-Story Restaurant Building

    3941 Erie St, Willoughby, OH 44094

    $2,800,000
    8,700 sqft

    Single-tenant restaurant property with a 10-year lease and a fine-dining layout.

    View details
    Restaurant and Event Venue
    Restaurant and Event Venue

    38257 Glenn Avenue, Willoughby, OH 44094

    $599,000
    0.16 AC lot

    Includes a fully equipped kitchen, varied guest areas, and dedicated spaces for private functions and entertainment.

    View details
    Restaurant with Private Dining
    Restaurant with Private Dining

    8900 Mentor Avenue, Mentor, OH 44060

    $100,000
    1.00 AC lot

    Restaurant business with vaulted ceilings, bar seating, prep kitchen, and space for on- and off-site catering.

    View details
    Leased Retail Shopping Center
    Leased Retail Shopping Center

    9430-9440 Mentor Avenue, Mentor, OH 44060

    Contact for pricing
    6,525 sqft

    B-2-zoned retail center with monument signage, substantial parking, and a 14-foot clear ceiling height.

    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.

    B-1 Commercial Land
    B-1 Commercial Land

    1936 Mentor Avenue, Painesville, OH 44077

    $900,000
    3.15 AC lot

    B-1 zoning, public utilities, and Mentor Avenue access support a range of commercial development possibilities.

    View details
    Cleared Commercial Land
    Cleared Commercial Land

    6082 Andrews Road, Mentor On The Lake, OH 44060

    $299,000
    0.48 AC lot

    Cleared development site with commercial zoning, public utilities, parking, and access from Andrews Road and Manor Drive.

    View details
    Cleared Commercial Land
    Cleared Commercial Land

    6082 Andrews Road, Mentor On The Lake, OH 44060

    $299,000
    0.48 AC lot

    Public water and sewer are identified for a cleared development site near McDonald's.

    View details
    Eastlake Marina District Land
    Eastlake Marina District Land

    35783 Lake Shore Boulevard, Eastlake, OH 44095

    $765,000
    5.66 AC lot

    5.66 acres in Eastlake's Marina District, primed for development.

    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

    1808 Rdg Rd, Painesville, OH 44077-4814

    Estimated value:
    $160,000
    5,904 sqft 0.58 AC lot
    View details
    566 Liberty St
    RESTAURANT

    566 Liberty St, Painesville, OH 44077-3620

    Estimated value:
    $230,000
    1,581 sqft 0.23 AC lot
    View details
    11 Chester St
    RESTAURANT

    11 Chester St, Painesville, OH 44077-3022

    Estimated value:
    $360,000
    9,294 sqft 0.28 AC lot
    View details
    569 State St, Unit 577
    RESTAURANT

    569 State St, Painesville, OH 44077-3638

    Unit 577
    Estimated value:
    $285,000
    2,020 sqft 0.85 AC lot
    View details
    50 State St
    RESTAURANT

    50 State St, Painesville, OH 44077-3904

    Estimated value:
    $245,000
    3,740 sqft 0.09 AC lot
    View details
    1515 Madison Ave
    TAKE-OUT RESTAURANT

    1515 Madison Ave, Painesville, OH 44077-5115

    Estimated value:
    $125,000
    1,280 sqft 0.31 AC lot
    View details
    175 Erie St
    DRIVE-THRU RESTAURANT, FAST FOOD

    175 Erie St, Painesville, OH 44077-3909

    Estimated value:
    $240,000
    4,681 sqft 1.81 AC lot
    View details
    1820 Rdg Rd
    RESTAURANT

    1820 Rdg Rd, Painesville, OH 44077-4814

    Estimated value:
    $285,000
    9,280 sqft 1.74 AC lot
    View details
    1165 Mentor Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    1165 Mentor Ave, Painesville, OH 44077-1831

    Estimated value:
    $440,000
    1,195 sqft 0.43 AC lot
    View details
    266-268 Richmond St
    RESTAURANT

    266-268 Richmond St, Painesville, OH 44077

    Estimated value:
    $85,000
    1,588 sqft 0.12 AC lot
    View details
    200 Richmond St
    DRIVE-THRU RESTAURANT, FAST FOOD

    200 Richmond St, Painesville, OH 44077-3227

    Estimated value:
    $1,220,000
    1,823 sqft 0.47 AC lot
    View details
    450 Chester St
    RESTAURANT

    450 Chester St, Painesville, OH 44077-4167

    Estimated value:
    $80,000
    1,760 sqft 0.22 AC lot
    View details
    36 State St
    DRIVE-THRU RESTAURANT, FAST FOOD

    36 State St, Painesville, OH 44077-3423

    Estimated value:
    $205,000
    3,024 sqft 0.06 AC lot
    View details
    2219 Mentor Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    2219 Mentor Ave, Painesville, OH 44077-1324

    Estimated value:
    $860,000
    2,907 sqft 1.03 AC lot
    View details
    7 Jackson St
    DRIVE-THRU RESTAURANT, FAST FOOD

    7 Jackson St, Painesville, OH 44077-3210

    Estimated value:
    $1,975,000
    2,459 sqft 0.56 AC lot
    View details
    970 Riverside Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    970 Riverside Dr, Painesville, OH 44077-5207

    Estimated value:
    $155,000
    1,080 sqft 1.31 AC lot
    View details
    1640 Mentor Ave
    RESTAURANT

    1640 Mentor Ave, Painesville, OH 44077-1707

    Estimated value:
    $225,000
    3,154 sqft 0.34 AC lot
    View details
    736 Richmond St
    DRIVE-THRU RESTAURANT, FAST FOOD

    736 Richmond St, Painesville, OH 44077-3040

    Estimated value:
    $200,000
    940 sqft 0.75 AC lot
    View details
    1272 Mentor Ave
    RESTAURANT

    1272 Mentor Ave, Painesville, OH 44077-1852

    Estimated value:
    $215,000
    3,658 sqft 0.42 AC lot
    View details
    2510 Rdg Rd
    RESTAURANT

    2510 Rdg Rd, Painesville, OH 44077-4802

    Estimated value:
    $215,000
    2,880 sqft 0.75 AC lot
    View details
    Fairfield Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    Fairfield Rd, Painesville, OH 44077

    Estimated value:
    $50,000
    0.01 AC lot
    View details
    1444 Mentor Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    1444 Mentor Ave, Painesville, OH 44077-1804

    Estimated value:
    $190,000
    1,885 sqft 0.34 AC lot
    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 1,823 square feet of properties for sale, with an estimated market value of $1,462,608.

    Sale prices for restaurant properties in Painesville, OH start at $160,000, averaging $731,304, and reaching up to $1,302,608 — 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

    Conventional restaurants 5
    Bars & Pubs 2
    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 $829K

    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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