137-141 Richmond St
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137-141 Richmond St
2,700 SF 100% Leased Retail Building Painesville, OH 44077 $650,000 ($241/SF)
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 Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,700 SF
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
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
Commercial - General Business
Parking
5 Spaces (1.85 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (76)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 15-D-006-0-00-009 | Improvements Assessment | $44,440 |
Land Assessment | $11,420 | Total Assessment | $55,860 |
PROPERTY TAXES
Parcel Number
15-D-006-0-00-009
Land Assessment
$11,420
Improvements Assessment
$44,440
Total Assessment
$55,860
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137-141 Richmond St
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