Online Auction 7590 Mentor Avenue
Bidding Ends June 30 | 30,195 SF Freestanding Retail Building on Mentor Ave
Marketing description
Rare Retail Auction Opportunity on Mentor Avenue / U.S. Route 20
7590 Mentor Avenue is a 30,195 SF freestanding retail building positioned along one of Northeast Ohio’s most established retail corridors - the commercial heart of Lake County’s retail market and a high-visibility stretch of Mentor Avenue near Great Lakes Mall, national retailers, regional shopping centers, restaurants, service users, and daily consumer traffic.
Formerly occupied by Kronheim’s Furniture, the property is now vacant with no lease in place, giving the next owner a clean slate for immediate occupancy, repositioning, or redevelopment. For owner-users, this is a rare chance to control a large-format retail building on Mentor Avenue. For investors, it offers flexible upside through single-tenant reuse, multi-tenant conversion, showroom, fitness, medical retail, service retail, entertainment, or specialty retail concepts.
With prominent corridor exposure, reported Mentor Avenue frontage, nearby traffic counts exceeding 20,000 vehicles per day, and a deep Lake County consumer base, this asset delivers the fundamentals buyers look for: visibility, location, flexibility, and urgency through an upcoming online auction.
Investment highlights
Key Highlights
- 30,195 SF freestanding retail building
- Former Kronheim’s Furniture location
- Delivered vacant - no existing lease or tenant rollover issue
- Located on Mentor Avenue / U.S. Route 20, one of Lake County’s strongest retail corridors
- Three-parcel site totaling approximately 1.28 acres
- Parcel IDs: 16-A-002-B-00-003-0, 16-A-002-B-00-002-0, 16-A-002-B-00-001-0
- Excellent candidate for owner-user retail, showroom, fitness, medical retail, service retail, entertainment, or multi-tenant repositioning
- Strong surrounding retail ecosystem near Great Lakes Mall, Great Lakes Plaza, Erie Commons, Colonial Plaza, and national/regional retailers
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