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546 Hoyt Street Painesville, OH $ 1,150,000
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546 Hoyt Street
$ 1,150,000
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546 Hoyt Street

Painesville, OH, 44077
$ 1,150,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,261

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Commercial Property for sale in Painesville, OH

for $1,150,000. This building was built in 1973 on a lot size of 1.61.

Multi-tenant industrial value-add investment in Painesville’s established corridor. Comprising 26,720 SF across 21 flexible units, the property offers a diversified tenant base with significant rental upside. The asset is 71% occupied, primarily by long-term, month-to-month tenants with below-market rents. This flexible structure offers an investor immediate opportunity to stabilize, lease vacancy, and drive the asset toward a ±10% pro-forma Cap Rate. Situated on 1.61 acres with a 23,400+ SF paved lot for ample parking. Ideal for portfolio investors or owner-users. Easy access to SR-2 & I-90. *Roof has been redone, approximately 20 years ago.

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Commercial Active

Price

$ 1,150,000

Property Type

Commercial

Taxes

$ 15,392

Style

Lot Size

1.61

Year Built

1973

Town/City

Painesville

County/Region

Lake

MLS | Web ID

5230089
Features
General
Heating Gas
Possession Delivery Of Deed
Roof Asphalt See Remarks
Year Built 1973
Township Painesville
Property Subtype Commercial
Tax Year 2025
Current Use Industrial
County Lake
Property Type Commercial Sale
Attached Garage false
Status Active
Directions Situated in Painesville's industrial corridor offering easy access to SR-2 I-90 and major transportation routes.
City Painesville
High School District Painesville City LSD - 4305
Zoning Description Industrial
Number Of Units Total 22
Lot Size Units Acres
Tax Annual Amount 15392
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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 Flexible Space
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Interior
Basement (Y/N) false
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Size Area 1.61
Number of Buildings 1
Building Area Total 26720
Lot Size Acres 1.61
Lot Size Source Assessor
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* Excluded Features
List By
Rick Osborne

Listing Agent

Keller Williams Greater Cleveland Northeast

Broker

rick.osbornejr@kw.com

Email

Affordability Calculator

$8,544
Per Month
85%
15%
0%
Monthly Principal & Interest
$7,261
Monthly Property Taxes
$1,283
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
4458709 Elementary School
4458738 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/28/2026$1,150,000 Listed Price

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546 Hoyt Street, Painesville, OH, 44077 is a Commercial Property for sale at $1,150,000 with a lot size of 1.61. 546 Hoyt Street was built in 1973. The property's zip code is 44077 which is in Painesville, OH

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