Contacts
KW Greater Cleveland Northeast
The Osborne Group - KW Commercial
Property Details
- Property Type Industrial - Flex - Industrial
- Lot Size 1.61 Acre
- Date Updated Aug 2, 2026
- HVAC None
Multi-tenant industrial value-add investment in Painesville’s established corridor. Comprising 26,720 SF across 21 flexible units, the property offers a diversified tenant base with significant rental upside. The asset is 71% occupied, primarily by long-term, month-to-month tenants with below-market rents. This flexible structure offers an investor immediate opportunity to stabilize, lease vacancy, and drive the asset toward a ±10% pro-forma Cap Rate. Situated on 1.61 acres with a 23,400+ SF paved lot for ample parking. Ideal for portfolio investors or owner-users. Easy access to SR-2 & I-90.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
54/100
Walk Score ®
-
27/100
Transit Score ®
-
50/100
Bike Score ®
Location
- City Painesville, OH
- Zip Code 44077
- Market Cleveland Akron
Points of Interest
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Lake Shore Live Steamers
8.66 miles
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True North
0.58 miles
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GetGo
1.75 miles
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Sam's Club
2.90 miles
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BP
3.15 miles
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Shell
3.31 miles
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Concord Corners Shell
3.62 miles
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Speedway
4.20 miles
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Murphy USA
4.28 miles
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WetGo Car Wash
1.70 miles
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Zappy's Auto Wash
4.13 miles
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Zappy's Auto Washes
6.21 miles
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All Occasion Limousine
6.30 miles
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Sheetz car wash
8.68 miles
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SpeedyWash
8.70 miles
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Zappy's Car Wash
9.06 miles
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Get Go Car Wash
9.19 miles
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Village Auto Wash
9.35 miles
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Enterprise
9.38 miles
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Five Star Subs Convenient
0.32 miles
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Senors Mexican Restaurant
0.58 miles
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Flavors Around the Square
0.66 miles
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Arby's
0.72 miles
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McDonald's
0.77 miles
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Chipotle
0.81 miles
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Green Lake
0.83 miles
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KFC
0.92 miles
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Dunkin'
0.99 miles
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Perkins
1.02 miles
