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Key Details
Sold Price $320,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Phelps
MLS Listing ID 5008950
Sold Date 09/04/24
HOA Y/N No
Year Built 1958
Annual Tax Amount $6,076
Tax Year 2022
Lot Size 0.381 Acres
Acres 0.381
Property Description
One floor 2900 sq. ft. office building with 8 individual offices, 4 of which are multiroom, and multiple building entrances . Prime Mentor location offering high visibility from Rte. 20 and high traffic flow. The three front offices are currently occupied with a rent potential of $2600 monthly. The front multi-room offices are 518 sq. ft., 451 sq. ft., and 617 sq. ft. The other 2 room office is 323 sq. ft. The remaining offices are 132, 435, 156, and 272 sq. ft.
The landlord is responsible for all utilities, snow and trash removal and building maintenance. The utility monthly averages are Dominion Gas $211; Illuminating Co. $412; Aqua OH $15. Sewer is $1360. yearly. The building is on 2 parcels with approximately 82 ft. frontage and .3 acres. An additional contiguous .5 acre property is available on Mentor Avenue.
Location
State OH
County Lake
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Garage Additional Parking, Asphalt, Common, Direct Access, On Site, Paved
Water Access Desc Public
Present Use Commercial,Office,Other
Parking Type Additional Parking, Asphalt, Common, Direct Access, On Site, Paved
Building
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Mentor Evsd - 4304
Others
Tax ID 16-B-053-A-00-005-0
Financing Cash
Special Listing Condition Standard
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Bought with Gretchen G Spacek • RE/MAX Haven Realty