Multi-Tenant Industrial Investment Opportunity — Sale in Mentor, OH

  • Price: $1.8M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Mentor, OH 44060
  • Size: 20,736 SF

Investment Figures

Price per square foot
$89

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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. Building SF: 20736 | Land Size: 1.86 Ac | Listing Type: FOR SALE

Market Context

This industrial in Mentor, OH is listed for sale at $1,848,000 across 20,736 SF. It has been on the market for 16 days. Compare it against other industrial listings for sale in Mentor, OH — view the full market.

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