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8820 East Avenue Mentor, OH $ 3,500,000
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$ 3,500,000 Get more info
8820 East Avenue
$ 3,500,000
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8820 East Avenue

Mentor, OH, 44060
$ 3,500,000
Baths0.0

Monthly Estimate*

$ 24,449

8820 East Avenue, Mentor, OH 44060 - Image 1
8820 East Avenue, Mentor, OH 44060 - Image 2
8820 East Avenue, Mentor, OH 44060 - Image 3
8820 East Avenue, Mentor, OH 44060 - Image 4
8820 East Avenue, Mentor, OH 44060 - Image 5
8820 East Avenue, Mentor, OH 44060 - Image 6
8820 East Avenue, Mentor, OH 44060 - Image 7
8820 East Avenue, Mentor, OH 44060 - Image 8
Studio

Commercial Property for sale in Mentor, OH

for $3,500,000. This building was built in 1930 on a lot size of 7.8268.

Total property is approximately 153,000 SF on 7.8 acres of land. Heavy electrical power is brought to property, specifically 1200 amp, 480 Volt, 3-Phase power. Oil/Gas well is included with sale with all mineral right offered in purchase. Addition built in 2002 has standard fire suppression with 22' clear height ideal for rack storage. Remaining clear heights range from 20' to 14' in warehouse and manufacturing areas. All offers on property are welcomed and will be submitted immediately to Seller for review. Seller will lease-back approximately 25,000 SF as value-add proposition for terms agreed upon. Participating Buyer's brokers are welcome. Mentor, Ohio is ranked 10th in manufacturing in the State with a strong manufacturing workforce and pro-business community. Incentives and abatements are offered to new manufacturing businesses moving to Mentor, Ohio to promote business.

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Commercial Active

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 120,000

Style

Lot Size

7.8268

Year Built

1930

Town/City

Mentor

County/Region

Lake

MLS | Web ID

4488997
Features
General
Sewer PublicSewer
Possession DeliveryOfDeed
Year Built 1930
Property SubType Industrial
County Lake
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Mix Chase
Garage Y/N N
Status Active
Directions 8820 East Avenue Mentor Ohio is located 1 mile south of SR 2 off Hopkins Road as well as 3 miles south of I-90 via Station Street and SR 615 (Center Street). Regionally located in NE Ohio with direct
City Mentor
Buyer Agent Compensation 3
View Y/N N
Senior Community Y/N N
High School District Mentor EVSD - 4304
Waterfront Y/N N
Carport Y/N N
Street Name East
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 120000.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 162
Standard Status Active
Middle/Junior School District Mentor EVSD - 4304
Elementary School District Mentor EVSD - 4304
Property Sub Type Additional Industrial
Legal Description T 7 L 9 A PARCEL 2
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Exterior
Water Source Public
Lot Size Area 7.8268
Spa N
Lot Size Acres 7.8268
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Electric On Property Y/N N
Main Level Bathrooms 0
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Internal Only
Street Number 1 8820
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* Excluded Features
List By
Rick Osborne

Listing Agent

Keller Williams Grt Cleve Ne

Broker

rick.osbornejr@kw.com

Email

Affordability Calculator

$34,449
Per Month
71%
29%
0%
Monthly Principal & Interest
$24,449
Monthly Property Taxes
$10,000
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457505 Elementary School
4457585 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/11/2023$3,500,000 Listed Price

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8820 East Avenue, Mentor, OH, 44060 is a Commercial Property for sale at $3,500,000 with a lot size of 7.8268. 8820 East Avenue is a studio with 0.0 baths and was built in 1930. The property's zip code is 44060 which is in Mentor, OH

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