Homes for sale - 130 Liberty ST, Painesville, OH 44077

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Shawana Hanson

info@luxehauscle.com +1(216) 971-3161

$ 165,000

Est. payment | -/mo

7,832 Sqft Lot

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$ 165,000

Est. payment | -/mo

Save

7,832 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Kerr Cole

MLS Listing ID 5149756

HOA Y/N No

Year Built 1939

Annual Tax Amount $4,087

Tax Year 2024

Lot Size 7,832 Sqft

Acres 0.1798

Property Sub-Type Mixed Use

Property Description

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!

Location

State OH

County Lake

Rooms

Basement Full, Partially Finished, Walk-Out Access

Interior

Heating Forced Air, Gas

Cooling Attic Fan, Central Air

Fireplace No

Exterior

Parking Features Asphalt, Off Site, Outside, Paved

Fence Chain Link

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

Schools

School District Painesville City Lsd - 4305

Others

Tax ID 15-C-005-0-00-042-0

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Listed by Jayme M Sandy • RE/MAX Results • jsandy@remax.net, 440-488-0415

"Whether you're looking to purchase your first home, dream home, investment property, and/or sell your current home, I am committed to providing you with high-quality bespoke services."

+1(216) 971-3161

info@luxehauscle.com

1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States

130 Liberty ST Painesville, OH 44077