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$1,150,000

For Sale

20 days ago

546 Hoyt Street, Painesville, OH

House

MLS® 5230089

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $15,392
Days Active 20
Lot Size 1.61 Acres
Approx. Age 1973
MLS® Number 5230089

Property Address: 546 Hoyt Street, Painesville, OH, 44077

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number5230089
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1973
Basement
Driveway
Garage Spaces
HeatGas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 28, 2026List Date
$1,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
546 Hoyt Street, Painesville, OH

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