12
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$1,848,000
Est. payment /mo
1.86 Acres Lot
Active
9010 Tyler BLVD Mentor, OH 44060
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Mentor Township 07
MLS Listing ID 5228685
HOA Y/N No
Year Built 2006
Annual Tax Amount $21,929
Tax Year 2025
Lot Size 1.860 Acres
Acres 1.86
Property Sub-Type Commercial
Property 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.
Location
State OH
County Lake
Rooms
Basement None
Interior
Heating Gas, Space Heater
Fireplace No
Exterior
Parking Features Circular Driveway, Concrete
Fence None
Water Access Desc Public
Roof Type Membrane
Present Use Industrial
Total Parking Spaces 70
Building
Sewer Public Sewer
Water Public
Schools
School District Mentor Evsd - 4304
Others
Tax ID 16-B-059-0-00-021-0
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
Special Listing Condition Standard
Listed by Rick Osborne • Keller Williams Greater Cleveland Northeast • rick.osbornejr@kw.com, 440-299-5190
NEARBY SCHOOL & BUSINESS
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