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.

367 N State Street, Painesville

Listing Courtesy of: Rick Osborne, rick.osbornejr@kw.com With Keller Williams Greater Cleveland Northeast

$339,000

5232360 MLS

Possibilities await with this 3,000+ square foot property situated over an acre, offering the perfect combination of residential comfort, business potential, and investment opportunity. Formerly home to the well-known Vintage Findz business, this versatile property has also served as a duplex and can be converted back for multi-family living, continue as a commercial space, or be enjoyed as a single-family residence (subject to local zoning). The open floor plan creates an inviting atmosphere with generous living and gathering spaces, while the convenience of main-floor bedrooms and bathrooms makes everyday living easy. With 5 bedrooms and 3 bathrooms, there's plenty of room for family, guests, or flexible office and workspace options. Major updates provide peace of mind, including a brand-new roof with a 35-year warranty, updated electrical service with Generac generator hardware already installed, and updated vinyl windows. Technology is built in with a Cat 5 network hub and wiring throughout the home, and a timer-controlled system for the outdoor sign lighting adds convenience for future business use. Outside, you'll appreciate the newly coated driveway and expansive parking lot with abundant parking for residents, customers, recreational vehicles, or equipment. The property includes a 20' x 32' insulated oversized garage with 220-volt electric, a 19' x 19' metal storage building with an 8-foot overhead door and side entry door, plus a 10' x 12' garden shed, offering space for hobbies, storage, workshops, or business operations. Additional features include both public water and a private well for landscaping or other outdoor needs, along with easy access to major roads and highways for commuting or customer convenience. Whether you're searching for a move-in-ready home, a live/work property, an investment opportunity, or a place with room to grow your business, this one-of-a-kind property offers the flexibility and space to make your vision a reality.

2584 N Ridge Road, Painesville Twp

Listing Courtesy of: Bradley Klimek, brad.klimek@yahoo.com With Berkshire Hathaway HomeServices Professional Realty

$1,150,000

5230089 MLS

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. *Roof has been redone, approximately 20 years ago.

546 Hoyt Street, Painesville

Listing Courtesy of: Rick Osborne, rick.osbornejr@kw.com With Keller Williams Greater Cleveland Northeast

$1,534,000

5227213 MLS

Exceptional opportunity to acquire a 13-unit multifamily portfolio in one of Lake County’s fastest-improving rental markets. Located at 166-188 Mentor Avenue, this well-positioned asset generates approximately $147,000 in annual gross rental income, providing investors with immediate cash flow and significant long-term appreciation potential. Situated just minutes from Historic Downtown Painesville, the property benefits from the city’s ongoing transformation and public/private investment initiatives. Downtown Painesville has experienced substantial revitalization through new mixed-use redevelopment, streetscape improvements, infrastructure upgrades, public gathering spaces, and continued investment in local restaurants, retail, and entertainment. The recently completed amphitheater, Victoria Place redevelopment, and continued downtown beautification projects are helping position Painesville as one of Northeast Ohio’s emerging communities for both residents and investors. Residents enjoy convenient access to Downtown Painesville, Lake Erie, Mentor’s retail corridor, Route 2, SR-44, and numerous major employers throughout Lake County. The property’s central location continues to attract a strong tenant base seeking affordable housing with easy access to employment, shopping, dining, and recreation. Whether you’re looking to expand an existing portfolio or acquire a stabilized cash-flowing investment in a market with continued upside, this property offers an outstanding combination of current income, proven occupancy, and future appreciation potential fueled by the ongoing revitalization of Downtown Painesville

166-188 Mentor Avenue, Painesville

Listing Courtesy of: Chandler Jekutis, cjekutis@kw.com With Keller Williams Greater Cleveland Northeast

$199,000

5186577 MLS

Prime Commercial Opportunity in the Heart of Fairport Harbor! Position your business for success in this commercial building located just blocks from the shores of Lake Erie! Offering over 1250 square feet of versatile space, this solid 1949 construction is an ideal canvas for a professional office, medical practice, retail showroom, or creative studio. Situated in the walkable and vibrant heart of Fairport Harbor, this property sits within the city's Designated Outdoor Refreshment Area (DORA). This designation drives significant foot traffic to the immediate area, as visitors and residents enjoy the unique ability to stroll through the downtown district with beverages in hand during designated hours. The interior layout provides ample room for private offices, a conference area, or an open-concept workspace. With the Fairport Harbor Lakefront Park and popular downtown eateries just a short walk away, this location offers a unique work-life balance that employees and clients will love. Don't miss this chance to own a substantial piece of real estate in a growing lakeside town that is actively investing in its local economy. Whether you are expanding your current operation or launching a new venture, 211 3rd St is the anchor your business needs. Schedule your private tour today!

211 3rd Street, Fairport Harbor

Listing Courtesy of: Rick Osborne, rick.osbornejr@kw.com With Keller Williams Greater Cleveland Northeast

Selling Office: Non-Member.

$162,000

5184805 MLS

High-profile corner lot commercial office building in the heart of downtown Painesville, just steps from county offices. Formerly home to the Ralph Buss Attorney Offices, this well-located property offers multiple private offices, a conference room, bathrooms, plus basement and attic space ideal for storage. Suitable for a single business owner or an investor looking to lease individual offices. Excellent opportunity to establish a presence in a growing downtown area and be part of Painesville’s continued resurgence.

168 E High Street, Painesville

Listing Courtesy of: Asa A Cox, asa.asacoxhomes@gmail.com With Glasshouse Realty Group, LLC

Selling Office: Howard Hanna.

$252,000

5171595 MLS

First time this property has been available, family owned since 1950, built as Plumbing HVAC Business in 1952, and has been used as that up to 2025. Plent opportunity for landscaping, Hvac, Plumbers, contractors, Car collectors, or retail. Building has been well cared for over the years. Great Visibility, close to Fairport Harbor Lake parks, Marinas, easy access to rt 2. Three 10-foot, and one 8 foot overhead doors, 600 sqft showroom retail space, two baths. Additional lot north of the building included. Subject to Probate court.

830 Richmond Street, Painesville

Listing Courtesy of: Kevin P Byrnes, kevin_p_byrnes@hotmail.com With Stanmor Realty Company

Selling Office: EXP Realty, LLC..

$250,000

5170687 MLS

Commercial sale – business assets only. This is a home-based operation that will need to be relocated. Incredible opportunity to acquire a well-established business with over 50 years of loyal clientele and proven success. Included in the sale are vehicles, new and used shop materials, equipment, tools, and inventory—everything you need to continue operations or expand your existing business. The assets have been carefully maintained and organized, representing decades of investment and expertise. The business has earned a stellar reputation in the community, serving generations of clients with trusted service and quality workmanship. This is an asset-only sale—real estate not included—making it an ideal opportunity for entrepreneurs looking to expand their current operations or establish a new one with a solid foundation and built-in client base.

12010 Girdled Road, Painesville

Listing Courtesy of: Tim Cline, tim@callteamcline.com With Platinum Real Estate

$138,000

5170577 MLS

Excellent investment opportunity in the heart of Painesville City! This well-maintained 1,260 sq. ft. freestanding brick and block commercial building located at 161 E. Washington Street offers exceptional visibility and accessibility. Currently utilized as a medical office, the property features gas forced-air heat and central air, a 10-year-old rubber roof, flexible interior space suitable for a variety of professional uses. A long-term tenant is already in place, providing consistent income with approximately 3.5 years remaining on the lease. This is the perfect property for an investor seeking immediate returns or for an owner-user planning for the future while letting the building pay for itself in the meantime. Offered at $150,000.

161 E Washington Street, Painesville

Listing Courtesy of: Clorice L Dlugos, cloricedlugos@gmail.com With McDowell Homes Real Estate Services

Selling Office: Non-Member.

$152,500

5162807 MLS

Great location off Mentor Ave in Painesville Township. .38 acres. 3 parcels. B-3 Commercial Zoning. Office or Retail with Warehouse Space. Paved parking lot. Public utilities available.

10 Palmer Avenue, Painesville

Listing Courtesy of: Pam Conley, pconley@cutlerhomes.com With Cutler Real Estate

Selling Office: Cutler Real Estate.

$435,000

5155099 MLS

Equine Facility on 17+ Prime Acres! Your opportunity of a lifetime is waiting for you with 20 fully matted stalls, wash rack with hot water, viewing and tack rooms, separate feed, sawdust, and storage rooms. Hay loft with indoor stair access can store 500+ bales. Amish built 180 x 80 indoor riding arena with lifetime metal sided and roofed built in 2004. Outdoor arena 180 x 80 and fenced 4+ acre pasture with run in and pond, plenty of trailer parking and access to water. Bonus block building on site that has space for all the equipment and 600+ sq foot additional viewing/living area with a fireplace. 1 full and 1 half bath, and full kitchen potential. Behind facility there are 10+private park-like acres with running stream and trail rides or build your dream home! Upgrades include (2) hot water tanks, bathroom remodel, plumbing, fencing, security system, high speed internet, surround sound, lighting, and arena footing. This property has all the income potential to build a boarding or therapeutic riding facility while living your horse owning dreams. All this is conveniently located less than 2 minutes from I-90 ideal for boarding or training clients. Call today to see this amazing property and make your dreams come true!

6600 Vrooman Road, Painesville

Listing Courtesy of: Joseph A Zingales, josephzingales@gmail.com With Berkshire Hathaway HomeServices Professional Realty

Selling Office: Non-Member.

$130,150

5156247 MLS

Amazing Opportunity in the Heart of Fairport Harbor! Nearly 1,000 sq. ft. of versatile space featuring an open floor plan, restroom, lunchroom/kitchen area, storage room, and a full basement. Convenient front-street parking with ramp access to the main entrance, plus a rear entrance with four private parking spaces. Located in a growing, thriving community just minutes from Lake Erie and the Fairport Harbor Beach, this property offers endless potential in an area that attracts visitors year-round for its charm, recreation, and activities. An excellent opportunity for a wide range of commercial uses.

316 High Street, Fairport Harbor

Listing Courtesy of: Ann E Blair, ablair@remax.net With RE/MAX Rising

Selling Office: Century 21 Homestar.

$130,000

5149756 MLS

130 Liberty Street presents a chance to acquire a well-built, two-story, free-standing brick and block commercial building on a high-visibility corner lot in the heart of Downtown Painesville with about 6 parking spaces. A couple blocks from downtown, less than a mile to freeway access, and 42 miles to Cleveland International Airport, this location offers both accessibility and long-term value. Surrounded by established institutions such as Lake Erie College, county courthouse, and government offices, the property sits in a growing district making it ideal for a variety of uses including professional offices, creative studios, zoned B-3, Central Business. At approximately 2,400 sq. ft. on the upper level with two half bath and one full bath. The lower level offers an additional 2,200 sq. ft. (unfinished), currently framed for nine office spaces, plus a utility area. With 12-foot ceilings and a separate entrance, the lower level is suited for future development, storage, or rental income potential. Other highlights include Solid brick and block construction, 200-amp electric service (updated in 1990), Approx. 6 paved on-site parking spaces, and previous uses include a church, pottery studio, and voice-over studio. This is an as-is sale, the property needs repairs and updates, and the seller will make neither repairs nor replacements. Updates Include: 2021 Replaced broken drain title, cleared obstruction from building to street and put a clean out in, 2019 Retaining Wall Rebuild (NW Corner of Property), 2019 Upgrade Service to 200amp, Add 200 amp sub panel in Shop, and installed outlets and light configurations in lower level, 2018 Furnace, 2018 Basement Systems Level Sidewalks, 2016 Roof, 2016 Bolster West Walls HVAC RAMJACK W/ 6 Helical Tie Backs. Whether you're an investor seeking your next value-add opportunity or an owner-user looking to customize a space, this building ready for its next chapter. Schedule a tour today, opportunities like this are rare!

130 Liberty Street, Painesville

Listing Courtesy of: Jayme M Sandy, jsandy@remax.net With RE/MAX Results

Selling Office: RE/MAX Results.

$595,000

5143813 MLS

This beautiful 6 unit all brick apartment house featuring 3 two bedroom and 3 one bedroom units, all with tall ceilings and spacious layouts. New windows installed in 2010, new furnaces for each unit in 2014. All units have a garage with opener and electricity paved floor. There is one additional parking space per unit on paved parking lot. Each unit has access to basement storage area that is accessible from inside the building. All utilities are metered separately. The owner pays for trash removal. The carriage house is a 40' x 30' two story building with 8' 4" sliding door and a 18' x 24' attached garage with a opener. Make sure to have your agent set up your appointment to visit this Historic Gem! Bus stop in the front of the property, and walking distance to Lake Erie College. Easy access to the freeway for those commuting to work.

190 Mentor Avenue, Painesville

Listing Courtesy of: Kathleen M Cotter, ohiokcotter@gmail.com With Falvey Realty

$330,000

5119854 MLS

Calling all investors: this five-unit building is the cash cow your portfolio has been waiting for. Each unit averages a monthly income of $976 for a total yearly gross income of $58,560. Conveniently nestled in the cute town of Fairport Harbor just down the road from beautiful Lake Erie Beaches, shopping, and family-owned restaurants. All apartments have separate electric panels. Currently, the units are rented utilizing the extended housing program or S-8. With a deficit of housing available for these programs, rates have increased dramatically. The 11.6% Cap Rate on this investment makes it a must have. Improvements include: new asphalt driveway, new back deck, updated hallway and steps, apt 4 completely renovated recently. Call today to schedule your showing.

528 High Street, Fairport Harbor

Listing Courtesy of: Brendan P Iacofano, info@clehouses.com With HomeSmart Real Estate Momentum LLC

Selling Office: Russell Real Estate Services.

$30,254,210

5101554 MLS

For Sale by Court Appointed Receiver, Value-Add Hotel Resort Investment Opportunity. Online bidding only, sale ends March 11 @ 2pm. Court Appointed Receiver is pleased to present the opportunity to acquire the Quail Hollow Resort, a landmark hotel just south of Painesville OH. Located at 11080 Concord Hambden Rd., this three-story, full service hotel is immediately off I-90 and only 25 minutes from downtown Cleveland. The 168,918 SF hotel features 176 guest rooms, a restaurant, multiple bars, sauna, indoor and outdoor pool, fitness room, and ample meeting/banquet space. Situated on 11.108 acres, the hotel adjoins the Quail Hollow Country Club, a premier private club featuring two 18 hole courses, on over 700 wooded acres. The location provides easy access to many local amenities including the Cleveland Browns, Cavs, and Guardians, the Rock and Roll Hall of Fame, local wineries, Lake Erie recreational activities and much more. The hotel most recently was flagged by Wydnham's Trademark Collection but has been closed since the onset of COVID - 19. The property is being offered with a reserve price that is drastically below replacement cost and provides the new owner the opportunity to rebrand/reflag or redevelop. Property will be sold free and clear of all liens, with property taxes prorated and paid off to the day of closing.

11080 Concord Hambden Road, Painesville

Listing Courtesy of: Jeffrey S Lane, julie@prodigyprop.com With Prodigy Properties

Selling Office: Non-Member.

$190,000

5096360 MLS

This use to be a GULF gas station when built, has been used a a automotive repair shop for years. Has 3 bays, newer overhead doors, newer windows, NEW GAS furnace in bays, electric box updated 3/4 years ago. Has City Water, Sanitary Sewers, Gas and Electric. Zoning B - Business.

2606 Riverside Drive, Painesville

Listing Courtesy of: Deborah Dynes, debdynes@att.net With Coldwell Banker Schmidt Realty

Selling Office: Non-Member.

$560,000

5083585 MLS

Located in Downtown Painesville 12000 sq ft. Historic Building partially rented, partially ready for rehab. 3rd floor is 3 apartments plus another space that could be a 4th apartment or extension of one of the units. 2nd floor is Commercial set for offices, but has city approval to be residential apartments, ready for rehab. 1st floor is Retail Commercial ready for rehab. And a full basement with many possibilities. Can see 1st, 2nd floors and basement. 3rd floor apartments can be seen with LOI. Call List agent for questions and access.

170-174 Main Street, Painesville

Listing Courtesy of: Frank J Slemc, frankslemc@gmail.com With CENTURY 21 Asa Cox Homes

Selling Office: CENTURY 21 Asa Cox Homes.

$160,000

5078216 MLS

Property currently being used as a church. Use of this property limited only by your imagination. Located in a residential area, appropriate for a senior or child day care, community center, youth center, food distribution center for the neighborhood. Building contains kitchen, conference room, 4 classrooms, 2 offices, 2 bathrooms, sanctuary seating.

105 Kenilworth Avenue, Painesville

Listing Courtesy of: Elaine Y Gaither, gaitherey@gmail.com With Century 21 Homestar

Selling Office: EXP Realty, LLC..

$220,000

5067211 MLS

Dynamic Concord Township location! Approximately halfway between Painesville and Chardon, this commercially zoned property grows in value commensurate with nearby, high caliber housing growth. Just east of the Ravenna Road intersection on the south side of Girdled Road. Zoned Restricted Retail (B-1). 2023 traffic study report on file. Existing building with an attractive front elevation. Appears to be a solid structure with viability to "build-out" to suit the needs of a business. Brick front; 10 x 10' overhead door with automatic opener; 200 amp electrical service with 3 phase electrical service available at the road; older heat pump system and suspended gas heating unit (2023); two half bathrooms. 2,558 square feet (per county record). Situated on a rolling, 1.21 acre site ... plenty of room to expand the structure with abundant parking. Public water service facilitated by The City of Painesville; however, sanitary sewer service is not available. The buyer will need to budget for installation of a new septic system as part of the renovation or build-out plan; specifications on the system dependent upon the nature of the business and to be determined. Zoning and septic system detail available upon request.

11764 Girdled Road, Concord

Listing Courtesy of: Dennis M Falvey, dennis.falvey@remax.net With RE/MAX Results

Selling Office: RE/MAX Results.

$150,000

5040029 MLS

Welcome home to this stunning, updated home. This home offers all the modern amenities, but is true to the 1920's character with beautiful woodwork. The kitchen has all appliances with newer cabinets and counters. The dining room has space for a large table. The living room leads to the enclosed front porch that has electricity and a ceiling fan, extending the living space. The bathroom has been completely updated. There are two bedrooms. There is also a walk-up unfinished attic for additional storage. The basement is clean and has a great spot for laundry and more storage of living space. Updates include- windows, siding, newer sewer lines, electrical panel, hot water tank, UV system installed on the furnace, a/c unit, garbage disposal, appliances, sidewalk replaced and dimmer switches. There is an oversized 1 car garage with an opener. All you need to do is move in! The city of Painesville has the property zoned commercial, non-conforming residential. No conforming financing can be used. Non-conforming loan or cash only.

98 Chester Street, Painesville

Listing Courtesy of: Sara B DiFranco, sara@saradifranco.com With RE/MAX Results

Selling Office: Keller Williams Greater Cleveland Northeast.

$510,000

5012286 MLS

11,540 SF Industrial Building on Fountain Avenue in Painesville, Ohio. Multi-Tenant building (5-units) with two month to month tenants at below market rents. Masonry building with metal deck and joist. Built in 2000 on 1.03 acres of land. Large parking area with minimum of 50 parking spaces. Large overhead 12'x12' OH doors in to each unit. PRICE REDUCTION--Seller received quote to repair original roof. See quote in supplementals. Price to Sell!

375 Fountain Avenue, Painesville

Listing Courtesy of: Rick Osborne, rick.osbornejr@kw.com With Keller Williams Greater Cleveland Northeast

Selling Office: Non-Member.

$70,000

5009644 MLS

Freestanding 3000 SF building on 0.72 acres of land.

178 1st Street, Painesville

Listing Courtesy of: Rick Osborne, rick.osbornejr@kw.com With Keller Williams Greater Cleveland Northeast

Selling Office: McDowell Homes Real Estate Services.

$515,000

4496850 MLS

Introducing an extremely rare 7-unit apartment building investment opportunity in Painesville! The property consists of (2) 2-beds and (5) 1-beds with 1 unit located in the basement and the other 6 units on the 1st and 2nd floor. The unit in the basement needs a full renovation, however, the other 6 units were just FULLY renovated including vinyl flooring, modern paint, brand new kitchens including white shaker cabinets, stone countertops and subway tile backsplash. Bathroom updates include all new vanities, tiled showers and fixtures. The one basement unit is being left as-is for the new owner to be able to add value to the property. There is one garage spot that is currently rented for $100/month by a tenant. The owner is actively leasing the (5) 1-bedroom units now that renovations are complete (with a proforma of at least $1,000/unit/month) and both of the 2-bedrooms are currently rented for $1,080 and $1,355. The building runs on boiler heat so the owner pays for gas while tenants are responsible for their own electric. Once property is fully occupied, it will be at an 11% cap rate!

318 Mentor Avenue, Painesville

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Russell Real Estate Services.

$208,000

4501100 MLS

Fully leased storefront, 2 bedroom rear apartment and 3 bedroom apartment upstairs.

215 High Street, Fairport Harbor

Listing Courtesy of: Non-Member Non-Member, With Non-Member

Selling Office: Platinum Real Estate.

$150,000

4497600 MLS

Great opportunity to own your own commercial office space in Johnnycake Commons Business Park. This two-story building provides over 2000 sq ft of finished space. Each floor features 5 offices, a kitchenette, and a half bath. The second floor also includes a conference/meeting room area. Monthly maintenance fee includes landscaping, trash, and snow removal. All brand new windows in 2021. Seller is motivated

9930 Johnnycake Ridge Road Unit 1F, Concord

Listing Courtesy of: Denise Nekic, denisenekic@contactplatinum.com With Platinum Real Estate

Selling Office: Platinum Real Estate.

$475,000

4452686 MLS

Welcome to 7480 Auburn Road. This property was formerly known/used as a daycare facility. The current ownership has started to rehab this property into office space. The project has begun and we're looking for the right buyer to finish the project or to make it their own. It is over 6,000 sq ft and sits on over an acre of land located on Auburn road directly across the street from the Red Hawk Grill. It features a walkout lower level and plenty of parking on site. Call now to schedule a private showing.

7480 Auburn Road, Painesville

Listing Courtesy of: Damir Paulic, damir@mcdowellcre.com With McDowell Homes Real Estate Services

Selling Office: Non-Member.

$740,000

4386596 MLS

Investment Opportunity for a Multi-Tenant Industrial Complex in Fairport Harbor, Ohio. Two (2) pre-engineered buildings on 0.94 acre of land. The buildings have large overhead doors, one loading dock, high ceilings, and separate offices with restrooms in each unit along with separate gas/ electric meters. All parking and driveways contain heavy duty concrete throughout. The landlord pays taxes, insurance, water, sewer, and trash. Income producing Pre-engineered Complex Well-Maintained Long Term Tenants

1180 High Street, Fairport Harbor

Listing Courtesy of: Rick Osborne, rick.osbornejr@kw.com With Keller Williams Grt Cleve NE

Selling Office: Keller Williams Greater Cleveland Northeast.

$240,000

4497267 MLS

Investment Gem: 5-Unit Apartment Building with Renovation Potential! This promising property comprises five individual units, each offering great potential for modern upgrades. Situated in a prime location, this building is a canvas awaiting your creative touch. Don't miss out on the opportunity to revitalize this charming apartment complex and unlock its full earning potential. Your next successful real estate project starts here!

2012 N Ridge Road, Painesville

Listing Courtesy of: Tim Cline, tim@callteamcline.com With Platinum Real Estate

Selling Office: Platinum Real Estate.

44077 Ohio Commercial Properties for Sale

44077 Ohio Commercial Properties