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130 Liberty Street, Painesville, OH 44077

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For Sale

$165,000

0.18 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

130 Liberty Street presents a chance to acquire a well-built, two-story, free-standing brick and block commercial building on a high-visibility corner lot in the heart of Downtown Painesville with about 6 parking spaces. A couple blocks from downtown, less than a mile to freeway access, and 42 miles to Cleveland International Airport, this location offers both accessibility and long-term value. Surrounded by established institutions such as Lake Erie College, county courthouse, and government offices, the property sits in a growing district making it ideal for a variety of uses including professional offices, creative studios, zoned B-3, Central Business. At approximately 2,400 sq. ft. on the upper level with two half bath and one full bath. The lower level offers an additional 2,200 sq. ft. (unfinished), currently framed for nine office spaces, plus a utility area. With 12-foot ceilings and a separate entrance, the lower level is suited for future development, storage, or rental income potential. Other highlights include Solid brick and block construction, 200-amp electric service (updated in 1990), Approx. 6 paved on-site parking spaces, and previous uses include a church, pottery studio, and voice-over studio. This is an as-is sale, the property needs repairs and updates, and the seller will make neither repairs nor replacements. Updates Include: 2021 Replaced broken drain title, cleared obstruction from building to street and put a clean out in, 2019 Retaining Wall Rebuild (NW Corner of Property), 2019 Upgrade Service to 200amp, Add 200 amp sub panel in Shop, and installed outlets and light configurations in lower level, 2018 Furnace, 2018 Basement Systems Level Sidewalks, 2016 Roof, 2016 Bolster West Walls HVAC RAMJACK W/ 6 Helical Tie Backs. Whether you're an investor seeking your next value-add opportunity or an owner-user looking to customize a space, this building ready for its next chapter. Schedule a tour today, opportunities like this are rare!
MLS# 5149756

Courtesy Of RE/MAX Results

(440) 354-3334

Property Features

  • Age
    Over 50 Years Old
  • Cooling System
    Attic Fan
  • Heating System
    Forced Air
  • Lot Size
    0.18 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 130 Liberty Street, Painesville, OH 44077

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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