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McDowell Real Estate
161 E Washington Street, Painesville, OH 44077
- $138,000
- Sold Price
- $138,000
- List Price
- $150,000
- Status
- CLOSED
- MLS#
- 5170577
- Year Built
- 1969
- Closing Date
- Jan 23, 2026
- Region
- Painesville
- Township
- Painesville
Property Description
Excellent investment opportunity in the heart of Painesville City! This well-maintained 1,260 sq. ft. freestanding brick and block commercial building located at 161 E. Washington Street offers exceptional visibility and accessibility. Currently utilized as a medical office, the property features gas forced-air heat and central air, a 10-year-old rubber roof, flexible interior space suitable for a variety of professional uses. A long-term tenant is already in place, providing consistent income with approximately 3.5 years remaining on the lease. This is the perfect property for an investor seeking immediate returns or for an owner-user planning for the future while letting the building pay for itself in the meantime. Offered at $150,000.
Additional Information
- Taxes
- $2,171
- Acres
- 0.05
- Sewer
- Public Sewer
- Roof
- Flat, Rubber
- Water
- Public
- Heating
- Forced Air, Gas
- Cooling
- Central Air
- School District
- Painesville City LSD - 4305
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Listing Courtesy of: Clorice L Dlugos, cloricedlugos@gmail.com With McDowell Homes Real Estate Services
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