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7362 Center St 2,516 SF Retail Building Mentor, OH 44060 $495,000 ($196.74/SF)

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Investment Highlights

  • Multi Income Source Property
  • Significant Parking
  • Business Assets Included

Executive Summary

Rare Triple-Income Opportunity in the Heart of Mentor! Don’t miss this incredible chance to own a highly visible, income-producing commercial property on bustling Center Street in Mentor! This prime location offers maximum exposure and ample parking, making it an ideal investment or business opportunity. Currently operating as a thriving hair salon, this well-established business has a loyal clientele and a steady flow of new customers. The space is easily adaptable, as no salon structures are permanently fixed, allowing for a seamless conversion to suit a new business venture. Adding to its income potential, the property features a rented upstairs apartment, perfect for an owner-occupant looking to live and work in one location or as a source of passive rental income. Additionally, the lower level offers a third income opportunity—whether as another rental unit, additional business space, or a live/work setup. With ample parking and endless possibilities, this property is perfect for entrepreneurs, investors, or business owners looking to expand. Whether you're seeking a multi-use investment or a new location for your growing business, this property offers it all! Schedule a showing today and explore the potential of this exceptional property!

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,516 SF
Year Built/Renovated
1942/2022
Price
$495,000
Price Per SF
$196.74
Tenancy
Single
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.29
Lot Size
0.20 AC
Zoning
R-2
Parking
14 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
57’ on Center St

Amenities

  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Nearby Major Retailers

Starbucks
Heinen's Grocery Stores
the Human Bean
Citizens Bank
Aladdin's Eatery
Toyota
Stretch Zone
Dollar Bank
Another Broken Egg
  • Listing ID: 39663527

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: 7362 Center St, Mentor, OH 44060

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