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7362 Center St 2,516 SF Retail Building Mentor, OH 44060 $495,000 ($196.74/SF)
Investment Highlights
- Multi Income Source Property
- Significant Parking
- Business Assets Included
Executive Summary
Located on highly traveled Center Street, this property offers outstanding visibility, ample on-site parking, and multiple revenue streams in one of Mentor's established business corridors. The main level is currently occupied by a successful hair salon, providing a functional commercial layout that can continue as a salon or be adapted for a variety of professional, retail, or service-oriented uses. The open configuration allows future owners flexibility without extensive renovation.
Complementing the commercial space is a leased second-floor apartment, creating immediate rental income and the potential for an owner-occupant to live and work from the same property. Whether you're an investor seeking a mixed-use asset with existing income or a business owner looking to establish your own operation while benefiting from residential rental revenue, this property presents a compelling opportunity in a high-visibility location.
Schedule your private showing today to explore everything this versatile property has to offer.
Complementing the commercial space is a leased second-floor apartment, creating immediate rental income and the potential for an owner-occupant to live and work from the same property. Whether you're an investor seeking a mixed-use asset with existing income or a business owner looking to establish your own operation while benefiting from residential rental revenue, this property presents a compelling opportunity in a high-visibility location.
Schedule your private showing today to explore everything this versatile property has to offer.
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
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 17
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