Income Producing Property for Sale--153,000 SF Multi-Tenant Industrial Building

8820 East Avenue, Mentor, OH 44060

  • For Lease $7.00/SF/YR
  • Property Type Industrial - Manufacturing
  • Property Size 153,000 SF
  • Units 10
  • Lot Size 7.83 Acre
  • Year Built 1965
  • Year Renovated 2020
  • Date Updated Feb 4, 2025
  • Dock High Doors 8
  • Grade Level Doors 4
  • Office Area 6,000 SF
  • Electricity Service 3-phase, 4000 amp, 480 V
  • HVAC None
Discover the prime industrial and manufacturing potential of the Mentor, OH area. With its strategic location in the Cleveland market, this vibrant region offers seamless access to major transportation routes, including Interstates 90 and 271, as well as proximity to Cleveland Hopkins International Airport. Nearby, the Holden Arboretum and Mentor Lagoons Nature Preserve provide an ideal escape from the daily bustle, while the Great Lakes Mall and numerous dining options offer convenience and leisure. Investors and tenants seeking an optimal location for industrial and manufacturing operations will find ample opportunities for growth and success in this dynamic and accessible area.Introducing a prime industrial opportunity at 8820 East Avenue in Mentor, OH. This 153,000 SF property, featuring 10 units, offers a versatile and adaptable space perfect for industrial and manufacturing investors. Renovated in 2020, this M-1 zoned property is equipped for a range of activities, including manufacturing, distribution, and warehousing. With convenient access to SR 2 and I-90, this facility boasts loading docks with dock levelers and is primed for immediate use. Currently at 58% occupancy, this property presents an ideal investment opportunity in the thriving Cleveland area.$7 per SF (modified gross) for lease. Will subdivide. Move-in ready. Landlord is performing significant upgrades to building including new loading docks and drive-in doors for multiple entry in building, LED lighting, new restrooms, exterior repairs, and roof replacement.
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Highlights

  • New Interior/Exterior improvements underway!
  • Space equipped for manufacturing, distribution, and warehousing.
  • Rent abatement for new Tenants that sign a long term lease.
  • Central location for access to SR 2 and I-90
  • 10-Units Available for 22,000 SF to 10,000 SF

Spaces Available

Contacts

broker
Rick Osborne Jr.

KW Greater Cleveland Northeast

Location

Getting Around

  • Walk Score ®

    17/100 Car-Dependent

  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Mentor, OH
  • Zip Code 44060
  • Market Cleveland Akron

Points of Interest

  • Lake Shore Live Steamers

    5.07 miles

  • Sunoco

    0.72 miles

  • Marathon

    0.79 miles

  • BP

    0.80 miles

  • GetGo

    0.83 miles

  • Murphy USA

    1.04 miles

  • Speedway

    1.10 miles

  • Shell

    2.33 miles

  • Sheetz

    2.40 miles

  • Leviton

    5.28 miles

  • P15

    3.61 miles

  • P12

    3.67 miles

  • P14

    3.71 miles

  • P10

    3.77 miles

  • P9

    3.82 miles

  • P16

    3.82 miles

  • P13

    3.84 miles

  • P6

    3.84 miles

  • P11

    3.86 miles

  • P8

    3.86 miles

  • Annabelle's Diner

    0.32 miles

  • Primos Pizza

    0.71 miles

  • Subway

    0.72 miles

  • Market Street Family Restaurant

    0.73 miles

  • Dairy Queen

    0.79 miles

  • McDonald's

    0.82 miles

  • Wendy's

    0.83 miles

  • Raising Cane's

    0.83 miles

  • Applebee's

    0.87 miles

  • Nicks Gyros

    0.87 miles

  • Big Lots

    0.69 miles

  • Heinen's

    0.87 miles

  • Giant Eagle

    0.88 miles

  • Walmart

    0.95 miles

  • Meijer

    1.03 miles

  • Trader Joe's

    1.28 miles

  • The Olive and The Grape

    1.31 miles

  • Kohl's

    1.43 miles

  • Target

    1.55 miles

  • ALDI

    1.85 miles

  • Ohio Renal Care Group

    0.59 miles

  • Mentor Urgent Care

    0.70 miles

  • University Hospitals - Mentor Health Center

    0.79 miles

  • CVS Pharmacy

    0.81 miles

  • University Hospitals Urgent Care

    0.84 miles

  • AFC Urgent Care

    0.88 miles

  • Mentor Police Department

    1.08 miles

  • Mentor Fire Department

    1.10 miles

  • Walgreens

    1.18 miles

  • Lake Health Mentor Campus

    1.24 miles

Frequently Asked Questions

What is the cost of renting industrial/warehouse space at Income Producing Property for Sale--153,000 SF Multi-Tenant Industrial Building?

The average rental rate for industrial/warehouse space at Income Producing Property for Sale--153,000 SF Multi-Tenant Industrial Building is $7.00/SF/YR. Generally, the asking price for warehouse spaces varies based on the location of the property, with proximity to transportation hubs, access to highways or ports playing a key role in the building’s valuation. Other factors that influence cost are the property’s age, its quality rating, as well as its onsite facilities and features.

What type of industrial space is available for rent at Income Producing Property for Sale--153,000 SF Multi-Tenant Industrial Building?

The property at 8820 East Avenue was completed in 1965. In total, Income Producing Property for Sale--153,000 SF Multi-Tenant Industrial Building incorporates 153,000 square feet of Manufacturing space.

For more details on this listing and available space within the building, use the contact form at the top of this page to schedule a tour with a broker.

How many loading docks does Income Producing Property for Sale--153,000 SF Multi-Tenant Industrial Building have?

Income Producing Property for Sale--153,000 SF Multi-Tenant Industrial Building is equipped with 12 loading docks that allow for an efficient and safe movement of goods in and out of the facility.

4 of these are grade level loading docks, ideal for the handling of large or bulky items, as they do not require the use of a ramp or dock leveler.

Is there parking available at 8820 East Avenue?

Contact the property representative for more information on vehicle access and parking options at or near this property, as well as additional amenities that enhance the tenant experience at 8820 East Avenue.

Does Income Producing Property for Sale--153,000 SF Multi-Tenant Industrial Building have climate control?

Reach out to the property representative or listing broker to find out more about climate control capabilities at this property. Climate control is typically present in industrial buildings that are suited to store items susceptible to temperature and damage from humidity, such as food, pharmaceuticals, paper, textiles, and electronics.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Rick Osborne Jr.

KW Greater Cleveland Northeast

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