161 E Washington ST new Save Request In-Person Tour Request Virtual Tour
Painesville,OH 44077
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5170577
HOA Y/N No
Year Built 1969
Annual Tax Amount $2,171
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Business
Property Description
Excellent investment opportunity in the heart of Painesville City! This well-maintained 1,260 sq. ft. freestanding brick and block commercial building located at 161 E. Washington Street offers exceptional visibility and accessibility. Currently utilized as a medical office, the property features gas forced-air heat and central air, a 10-year-old rubber roof, flexible interior space suitable for a variety of professional uses. A long-term tenant is already in place, providing consistent income with approximately 3.5 years remaining on the lease. This is the perfect property for an investor seeking immediate returns or for an owner-user planning for the future while letting the building pay for itself in the meantime. Offered at $150,000.
Location
State OH
County Lake
Interior
Heating Forced Air,Gas
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Public
Roof Type Flat,Rubber
Present Use Medical/Dental
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Painesville City Lsd - 4305
Others
Tax ID 15-B-001-A-00-004-0
Acceptable Financing Other
Listing Terms Other
Special Listing Condition Standard