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546 Hoyt Street
Painesville, OH 44077
546 Hoyt StreetPainesville, OH 44077 546 Hoyt Street Painesville, OH 44077 $1,150,000
Property Description
Multi-tenant industrial value-add investment in Painesville’s established corridor. Comprising 26,720 SF across 21 flexible units, the property offers a diversified tenant base with significant rental upside. The asset is 71% occupied, primarily by long-term, month-to-month tenants with below-market rents. This flexible structure offers an investor immediate opportunity to stabilize, lease vacancy, and drive the asset toward a ±10% pro-forma Cap Rate. Situated on 1.61 acres with a 23,400+ SF paved lot for ample parking. Ideal for portfolio investors or owner-users. Easy access to SR-2 & I-90. *Roof has been redone, approximately 20 years ago.
- Township Painesville
- MLS ID 5230089
- Property type: CommercialSale
- Status Active
- Estimated Taxes $15,392
Additional Information
Listing Courtesy of: Keller Williams Greater Cleveland Northeast
Last updated: 08/03/2026 2:25:36 PM
