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367 N State St
Painesville, OH 44077
Industrial Redevelopment Opportunity · Retail Property For Sale
Investment Highlights
- 6,066 SF historic building
- Ideal for retail or restaurant space
- Historic charm with modern potential
- Zoned Industrial for flexible use
- Located in the Cleveland area
Executive Summary
Historic building built in 1900. 2-story building previously bar/restaurant with partial basement. Building is built out of wood construction and sits on 0.10 acres. Frontage is along N. State Street. All utilities are present but need updated. Kitchen hood present in building. Interior improvements need to be completed and building is gutted to the 2'x4' studs. Building was previously used as a bar/restaurant and contains one apartment on 2nd floor. This property sits in the center of a large population of other businesses center in Painesville, Ohio. It is a fixer-upper with many possibilities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,066 SF
Building Class
C
Year Built
1900
Price
$160,000
Price Per SF
$26.38
Tenancy
Single
Building Height
2 Stories
Building FAR
1.39
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
Industrial
Frontage
45’ on State St
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