$1,848,000
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
- July 15, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- 70
- Lot size
- 1.86 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 395
- Student:teacher ratio
- 18.0:1
- District
- Mentor Exempted Village
- Enrollment
- 842
- Student:teacher ratio
- 16.8:1
- District
- Mentor Exempted Village
- Enrollment
- 2,567
- Student:teacher ratio
- 19.9:1
- District
- Mentor Exempted Village
Walkability
Blended score for Mentor's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Mentor, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 22, 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.