Commercial Vacant Land

720 Mentor Avenue Painesville, OH 44077

Painesville
FOR SALE
Property Type:
Multifamily Land
Amount:
$102,000
Last Verified:
Jul 01, 2024

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Description

This property benefits from the great visibility offered at US-20 (Mentor Avenue in Painesville). The property topography lends itself to apartment/condominium construction similar to the adjacent property.

Great visibility from US-20 (Mentor Avenue in Painesville). This land is ready for your building site.

Lot Size: 0.47 acres


Documents

CBC 2022 - Brochure (P)

Map of 720 Mentor Avenue, Painesville, OH, 44077

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.