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$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

$1,534,000
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.

$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.

$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.

$130,000
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.

$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.

$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.

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