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Investment Highlights

  • Heavy daytime traffic
  • Traffic light corner across from Walgreens and next to new Chipotle
  • Historic building

Executive Summary

Don't miss out on this amazing opportunity to invest in the prime corner of Painesville. 141 Richmond St. provides two current retail tenants and value-add potential on the second floor. Located across from Walgreens and Chipotle and just down from the county seat, this is an opportunity you don't want to pass up!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,700 SF
Building Class
C
Year Built
1910
Price
$650,000
Price Per SF
$240.74
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
Commercial - General Business
Parking
5 Spaces (1.85 Spaces per 1,000 SF Leased)
Frontage
121’ on Jackson St

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Huntington National Bank
PNC Bank
Perkins
El Rinconsito
Dollar Bank
  • Listing ID: 28336047

  • Date on Market: 4/27/2023

  • Last Updated:

  • Address: 137-141 Richmond St, Painesville, OH 44077

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