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Real Estate
Outdoor building
Tan brick of commercial building with multiple roll-up doors, individual entryways, and a large concrete lot
Multi-unit commercial building featuring brick block construction and multiple overhead doors
SW side of building
Commercial building featuring a brick exterior and a large concrete lot
Commercial building featuring a brick exterior and multiple bays
9010 Tyler Boulevard photo 7
Expansive paved areas featuring a concrete surface
Electrical meters
Adjacent neighboring property
Aerial Map. Illustrating the property boundaries and surrounding area at 9010 Tyler Blvd
9010 Tyler Boulevard photo 12
12 photos

$1,848,000

9010 Tyler Boulevard
Mentor, OH 44060
Listed by Rick Osborne · Keller Williams Greater Cleveland Northeast
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2006

About this home

Investment property for sale. Looking for a great 1031 tax free exchange property? Multi-tenant industrial building in Mentor, Ohio. Built in 2006 out of masonry and steel construction. 22 units have all separated utilities (gas and electric) and drive-in doors. Flat member roof with a transferable 20-year Everguard Diamond Pledge NDL Roof Guarantee that started in 12/17/21. Steady stream of income and with few vacancies over the past 20 years. Sale does not include entire parcel and Seller will provide lot split at closing per preliminary sketch that provides Buyer approximately 1.9 acres of land with building. Rent roll and financials will be provided upon execution of SNDA document. 2025 Net income was approximately $135,591.00. Current occupancy is at 77% with gross income of $164,544 allowing for value add with addition of leased units.

Property details

MLS #
5228685
Property type
Commercial
Subdivision
Mentor Township 07
Status
Active
Days on market
7
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
1.86 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Orchard Hollow Elementary School
0.8 mi away · Grades 0-5
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
395
Student:teacher ratio
18.0:1
District
Mentor Exempted Village
Middle
Memorial Middle School
1.46 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
1.15 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
$11,279/mo
$369,600 down
$1,478,400 loan
Principal & interest$9,589
Property tax (est.)$1,540
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 29 days ago.

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.