7362 Center Street
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$495,000

7362 Center Street
Mentor, OH 44060
Listed by Mark C Zervos · Platinum Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1941

About this home

Rare Triple-Income Opportunity in the Heart of Mentor! Don’t miss this incredible chance to own a highly visible, income-producing commercial property on bustling Center Street in Mentor! This prime location offers maximum exposure and ample parking, making it an ideal investment or business opportunity. Currently operating as a thriving hair salon, this well-established business has a loyal clientele and a steady flow of new customers. The space is easily adaptable, as no salon structures are permanently fixed, allowing for a seamless conversion to suit a new business venture. Adding to its income potential, the property features a rented upstairs apartment, perfect for an owner-occupant looking to live and work in one location or as a source of passive rental income. Additionally, the lower level offers a third income opportunity—whether as another rental unit, additional business space, or a live/work setup. With ample parking and endless possibilities, this property is perfect for entrepreneurs, investors, or business owners looking to expand. Whether you're seeking a multi-use investment or a new location for your growing business, this property offers it all! Schedule a showing today and explore the potential of this exceptional property!

Property details

MLS #
5102874
Property type
MixedUse
Subdivision
N/A
Status
Active
Days on market
361
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.2 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Mentor Schools Online
1.27 mi away · Grades 0-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
128
Student:teacher ratio
14.2:1
District
Mentor Exempted Village
Middle
Memorial Middle School
1.2 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
842
Student:teacher ratio
16.8:1
District
Mentor Exempted Village
High
Mentor High School
1.7 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,567
Student:teacher ratio
19.9:1
District
Mentor Exempted Village

Mortgage calculator

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Est. monthly payment
$3,131/mo
$99,000 down
$396,000 loan
Principal & interest$2,568
Property tax (est.)$413
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated February 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.