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546 Hoyt St
Painesville, OH 44077

$1,150,000 USD

Warehouse For Sale • 26,720 SF

Property Details

Property Type Warehouse
Total Building Size 26,720 SF
Lot Size 1.61 AC
Building Class C
Year Built 1973
Tenancy Multiple

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                26,720 SF Multi-Tenant Industrial Asset: Comprising 21 flexible, highly functional units with a diversified user base.
                            
                                Immediate Value-Add / Rental Upside: Currently 71% occupied, primarily by long-term, month-to-month tenants at below-market rates.
                            
                                Pro-Forma Income Potential: Clear strategic path toward a ±10% Cap Rate through vacancy lease-up and rent stabilization.
                            
                                Expansive 1.61-Acre Lot: Features over 23,400 SF of asphalt paving, offering excellent parking and outdoor staging capacity.
                            
                                Strategic Lake County Location: Situated within Painesville's established industrial corridor with immediate access to SR-2 and I-90.

Property Flyers

546 Hoyt Brochure 7-28-2026

Public Transportation

Airport	Drive	Walk	Distance
Cleveland-Hopkins International	62 min	-	43.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Rick Osborne Jr. 216-219-0290 The Osborne Group - KW Commercial

546 Hoyt St Painesville, OH 44077