9047 Mentor AvenueMentor, OH 44060

9047 Mentor AvenueMentor, OH 44060

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$399,000 Active
Commercial - Retail MLS 5188154 New to the Market

Listed By

Agency Name: Howard Hanna
Agency Contact: judie@thecrockettteam.com, 440-974-7444

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Formerly home to Hobnobbers and Pacers, this unique offering includes a freestanding commercial building in Mentor (with two parcels included in sale) positioned for transformation and future growth. The property is being sold 'as-is, where-is, creating a blank canvas for investors and developers ready to unlock its full potential. With direct frontage and access to Hopkins Road, the site benefits from strong visibility and accessibility. It's true upside lies in redevelopment possibilities?whether reimagined as a retail destination, service-based concept, or part of a larger mixed-use vision. Assemblage opportunities with adjacent properties further enhance its potential, opening the door for a more expansive, high-impact development. Located in the core of Mentor's thriving commercial corridor, the property is surrounded by established national retailers, steady consumer traffic, and a vibrant local economy. Due to it's position on the highly active Mentor Avenue and proximity to Great Lakes Mall, the area draws consistent foot traffic and offers a wide range of dining, shopping, and entertainment amenities. Easy access to major highways ensures seamless connectivity for both customers and workforce alike. Coupled with Mentor's strong demographics, excellent schools, and well-maintained parks, this location continues to attract growth and investment. This is a rare opportunity to reposition a well-located asset and capitalize on the momentum of one of Northeast Ohio's most dynamic communities. Schedule your showing today!

9047 Mentor Avenue | MLS# 5188154

This commercial property located at 9047 Mentor Avenue, Mentor, OH 44060 is currently listed for sale with an asking price of $399,000. Mentor Avenue is located within the Mentor Exempted Village school district. Search Mentor real estate on 542snivelyavenuenw.cutlerhomes.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.57 Acres
Roof Type: Asphalt, Built-Up, Flat, Flat Tile
Taxes: $9,528 / year
Year Built: 1925

Feature Descriptions

Parcel#: 16-B-053-A-00-001-0
Parking: Concrete, Detached, Garage, Paved, Parking Lot
Sewer: Public Sewer
Water: Public

Local Schools

School District: Mentor Exempted Village

Demographics

Lake County Demographic Information for 9047 Mentor Avenue, Mentor, OH 44060
Fips
Fips Code 39085
Population
2020 to 2023 Change down 0.4%
2010 Count 230,041
2020 Count 232,603
2023 Estimate (V2023) 231,640
2020 Estimate (V2023) 232,521
Age Distribution (Years Old)
0 to 4 4.8%
5 to 17 19.0%
18 to 64 54.5%
65 and Older 21.7%
Gender
Male 49.2%
Female 50.8%
Place of Birth
Foreign 5.4%
US 94.6%
Education
High School Graduate, Age 25+ 93.6%
Bachelor's Degree or Higher, Age 25+ 29.9%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 90.6%
Language
English is Second Language, Age 5+ 7.9%
English is First Language, Age 5+ 92.1%
Veterans
Veterans 13,652
Income
Per Capita Income $41,195
Median Household Income $76,835
People in Poverty 8.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 106,498
Households 99,324
Average Household Size 2.31
Owner-Occupied 74.7%
Multi-Family 19.7%
Owner-Occupied Median Value $189,600
Median selected monthly owner costs -with a mortgage $1,441
Median selected monthly owner costs -without a mortgage $602
Median gross rent $1,027
Building Permits
New Private Housing Issued 2023 435
Years at Residence
1 Year or More 89.4%
Less Than 1 Year 10.6%
Business and Employment
Private non-farm Establishments 5,513
Private non-farm Employment 83,817
Private non-farm Employment Growth down 0.5%
Nonemployer Establishments 17,449
Number of Firms 19,663
Business Production
Value of Shipments $6,531,471,000
Wholesale Trade $1,278,429,000
Retail Trade $3,755,526,000
Retail Sales Per Capita $15,267
Accommodation and Food Services $496,973,000
Land
Land Area 227.49 sq. miles
Population Per Square Mile 1,012

Source: US Census Bureau