7285 Center StMentor, OH 44060

For Sale
$394,900

High-Income Potential, Two Buildings

Overview

Added:
Feb 3
Days on market:
39
This exceptional mixed-use property at 7285 Center Street in Mentor, OH, presents a lucrative investment opportunity. Spanning 0.44 acres, the property features two distinct buildings generating immediate cash flow. The primary building, totaling 2,496 square feet, boasts a prime location with easy highway access and ample parking. Currently configured for spa/medical services, this versatile space offers endless possibilities for various businesses, including office spaces, retail ventures (bridal shop, nail salon, tattoo shop, etc.). Two units are currently leased on a month-to-month basis, providing immediate rental income. The second building on the lot is a three-bedroom residential home occupied by a long-term tenant, further enhancing the property's cash flow potential. This turnkey investment is priced to sell, offering a significant return on investment. The buyer is responsible for conducting due diligence to confirm permitted uses. This property is an excellent opportunity for investors seeking a diversified portfolio with immediate income generation and significant upside potential. The combination of commercial and residential spaces creates a unique and attractive investment package. Don't miss this chance to acquire a high-demand property in a thriving location.

Property Details for 7285 Center St

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
2,496 SF
Year Built
1910
Lot Size (sq. ft)
19,166 SF

Location Insight

City
Mentor
County
Lake
State
Ohio
Latitude
41.67248
Longitude
-81.33934
7285 Center St, Mentor, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
7285 Center St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message