Kelsey Geiger
MLS#5228685
STATUSActive
PROPERTY TYPECommercial - Industrial
SUBDIVISIONMentor Township 07
SCHOOLMentor Exempted Village
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.
Property Features
Property Type: Commercial - Industrial
Basement: None
Heating: Gas, Space Heater
Lot Size: 1.86 Acres
Roof Type: Membrane
Taxes: $21,929 / year
Year Built: 2006
Feature Descriptions
Building Features: Private Restrooms
Days on Site: 9
Fencing: None
Parcel#: 16-B-059-0-00-021-0
Parking: Circular Driveway, Concrete
Sewer: Public Sewer
Units: 22
Water: Public
Local Schools
School District: Mentor Exempted Village
Listed By / Shown By
Listed By
Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: rick.osbornejr@kw.com, 440-299-5190
Shown By
Agent Name: Kelsey Geiger
Agent Phone: (330) 416-6484
Agency Title: M.C. Real Estate
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9010 Tyler Boulevard | MLS# 5228685
This commercial property located at 9010 Tyler Boulevard, Mentor, OH 44060 is currently listed for sale with an asking price of $1,848,000. Tyler Boulevard is located within the Mentor Exempted Village school district. Search Mentor real estate on www.kelseygeigerrealtor.com today.