8537 Mentor Ave Mentor, OH 44060

This exceptional mixed-use property, located at 8537 Mentor Ave in Mentor, Ohio, presents a compelling investment opportunity. The 7,552 square foot building, situated on a 0.354-acre lot, boasts a prime corner location with high traffic counts exceeding 20,000 vehicles daily. The property comprises two buildings, each two stories, totaling 7,552 net rentable square feet. A complete building remodel and new HVAC system were installed in 2023. Currently, the property is 75% occupied with a net lease in place, expiring September 30, 2029, offering a remaining lease term of five years. The property includes ample parking with up to 50 spaces and a former ATM building. Built in 1924, this Class A property is zoned for commercial use and offers diverse potential uses, including a church, bank, or boutique—its current tenant. The asking price is $795,000, with a cap rate of 0.03%. The property's APN is 16-B-046-0-00-018-0 and 16-B-046-0-00-019-0. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a thriving Ohio location.