161 E Washington Street Painesville, OH $ 150,000
161 E Washington Street
$ 150,000
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161 E Washington Street

Painesville, OH, 44077
$ 150,000
Bedrooms-- Baths--

Monthly Estimate*

$ 936

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Commercial Property for sale in Painesville, OH

for $150,000. This building was built in 1969 on a lot size of 0.05.

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.

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Commercial Pending

Price

$ 150,000

Property Type

Commercial

Taxes

$ 2,171

Style

Lot Size

0.05

Year Built

1969

Town/City

Painesville

County/Region

Lake

MLS | Web ID

5170577

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Central Air
Possession Negotiable
Roof Flat Rubber
Year Built 1969
Township Painesville
Property Subtype Business
Tax Year 2024
Current Use Medical/Dental
Business Type Medical Mixed
County Lake
Property Type Commercial Sale
Attached Garage false
Building Features Private Restrooms Public Restrooms Reception Area Sign(s) Storage
Status Pending
Directions E State St to E Washington
City Painesville
High School District Painesville City LSD - 4305
Zoning Description Commercial
Lot Size Units Acres
Tax Annual Amount 2171
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Tenant
Middle/Junior School District Painesville City LSD - 4305
Elementary School District Painesville City LSD - 4305
Year Built Source Public Records
Property Sub Type Additional Business
Legal Description PAINESVILLE LOT TRACT 3 PART OF LOT 52 & 53
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Interior
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 0.05
Foundation Details Slab
Lot Size Acres 0.05
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Clorice L Dlugos

Listing Agent

Mcdowell Homes Real Estate Services

Broker

cloricedlugos@gmail.com

Email

Affordability Calculator

$1,117
Per Month
84%
16%
0%
Monthly Principal & Interest
$936
Monthly Property Taxes
$181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
4458709 Elementary School
4458738 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$150,000 Listed Price

Map


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161 E Washington Street, Painesville, OH, 44077 is a Commercial Property for sale at $150,000 with a lot size of 0.05. 161 E Washington Street was built in 1969. The property's zip code is 44077 which is in Painesville, OH