137-141 Richmond St

137-141 Richmond St , Painesville, Ohio, 44077 | 2,700 sq.f | $ 650,000

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About This Restaurant

Investment Highlights

Heavy daytime traffic Traffic light corner across from Walgreens and next to new Chipotle Historic building

Executive Summary

Don't miss out on this amazing opportunity to invest in the prime corner of Painesville. 141 Richmond St. provides two current retail tenants and value-add potential on the second floor. Located across from Walgreens and Chipotle and just down from the county seat, this is an opportunity you don't want to pass up!

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Fast Food General Retail Freestanding OfficeLoft Creative Space Storefront Retail/Office
  • Building Size    2,700
  • Building Class    C
  • Year Built    1910
  • Price    650,000
  • Price Per SF    241
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.29
  • Land Acres    0.21 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Property Taxes

Parcel Number 15-D-006-0-00-009 Improvements Assessment $11,420
Land Assessment $44,440 Total Assessment $55,860
Date Created: 2024-07-16 04:18:06 Last Updated: 2024-07-16 04:18:06
Address: 137-141 Richmond St , Painesville, Ohio, 44077