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546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo
546 Hoyt Street, Painesville, OH 44077 Photo

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546 Hoyt Street Painesville, OH 44077
$1,150,000
Active / MLS# 5230089 / Commercial - Industrial / Painesville
0 Beds

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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Property Details

Property Type: Commercial - Industrial
Heating: Gas
Lot Size: 1.61 Acres
Roof Type: Asphalt, See Remarks
Taxes: $15,392 / year
Year Built: 1973

Feature Descriptions

Days on Site: 5
Parcel#: 15-B-010-0-00-017-0
Units: 22

Schools

School District: Painesville City Local

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: rick.osbornejr@kw.com, 440-299-5190

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