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(330) 881-5190
(330) 881-5190 Email (330) 881-5190
Michael Rohan
REALTOR®, REALTOR® and Property Manager

546 Hoyt Street, Painesville, OH 44077

$1,150,000
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  • 546 Hoyt Street, Painesville, OH 44077 Main Photo
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New to the Market Active
MLS#5230089
STATUSActive PROPERTY TYPECommercial - Industrial SCHOOLPainesville City Local
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Property Description

Multi-tenant industrial value-add investment in Painesville's established corridor. Comprising 26,720 SF across 21 flexible units, the property offers a diversified tenant base with significant rental upside. The asset is 71% occupied, primarily by long-term, month-to-month tenants with below-market rents. This flexible structure offers an investor immediate opportunity to stabilize, lease vacancy, and drive the asset toward a ±10% pro-forma Cap Rate. Situated on 1.61 acres with a 23,400+ SF paved lot for ample parking. Ideal for portfolio investors or owner-users. Easy access to SR-2 & I-90. *Roof has been redone, approximately 20 years ago.

546 Hoyt Street | MLS# 5230089

This commercial property located at 546 Hoyt Street, Painesville, OH 44077 is currently listed for sale with an asking price of $1,150,000. Hoyt Street is located within the Painesville City Local school district. Search Painesville real estate on mrohan.gonatasrealestate.com today.

Property Features

Property Type: Commercial - Industrial
Heating: Gas
Lot Size: 1.61 Acres
Roof Type: Asphalt, See Remarks
Taxes: $15,392 / year
Year Built: 1973

Feature Descriptions

Parcel#: 15-B-010-0-00-017-0
Units: 22

Local Schools

School District: Painesville City Local

Listed By / Shown By

Listed By

Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: rick.osbornejr@kw.com, 440-299-5190

Shown By

Agent Name: Michael Rohan
Agent Phone: (330) 881-5190
Agency Title: Gonatas Real Estate

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Michael Rohan
Michael Rohan Cell: (330) 881-5190 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/28/2026. The listing information on this page last changed on 07/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/28/2026 5:24:32 PM EST) or MLS NOW (last updated Tue 07/28/2026 5:23:23 PM EST). Real estate listings held by brokerage firms other than Gonatas Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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