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Commercial Real Estate for Sale at 161 E Washington Street in Painesville, OH for $150,000

Listing data last changed 11/07/2025 - 4:42pm
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161 E Washington Street | Painesville

$150,000 | 0.0 Sq. Ft.

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. MLSNow 5170577 Directions to property: E State St to E Washington

MLS Listing ID: 
MLSNow 5170577
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$150,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Business
Primary Market Area: 
Painesville
Address: 
161 E Washington Street, Painesville, OH 44077
County: 
Lake
Latitude: 
41.7243230
Longitude: 
-81.2408660
Directions: 
E State St to E Washington
Public Remarks: 
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.
Community Information
School District: 
Painesville City LSD - 4305
Building Details
Details about the building on a property.
Year Built: 
1969
Living Area: 
0.0
Construction
Foundation Details: 
Slab
Roof: 
Flat,Rubber
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.05
Lot Size (Area): 
0.05
Public Record
Parcel Number: 
15-B-001-A-00-004-0
Annual Tax: 
$2,171.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
McDowell Homes Real Estate Services

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