154 Main St, Painesville, OH 44077

Property Id: 2362811

Be the face of the next chapter of Downtown Painesville.

Located at 154 Main Street, this 1,675 SF street-level commercial storefront... sits in the heart of Downtown Painesville, just steps from the Square and surrounded by multi-million-dollar public and private investment driving the city’s revitalization.

Formerly a coffee shop and bar, the space is already primed for food, beverage, retail, or experiential use. Existing bar infrastructure, plumbing, and two restrooms help reduce startup costs for the next operator. High decorative tin ceilings, original wood floors ready for refinishing, and historic architectural details deliver the character today’s customers are looking for.

The property also includes an additional 1,675 SF basement level—ideal for storage, prep space, inventory, or operational support—an uncommon advantage in a downtown location.

This is a true mixed-use opportunity. Second- and third-floor residential units are available, and ownership is open to discussions with a commercial tenant interested in leasing multiple portions of the building—perfect for an owner-operator seeking a live/work setup.

Ownership is local, motivated, and collaborative, with flexibility to discuss build-to-suit improvements, tenant improvement credits, and creative lease structures for qualified tenants. Lease rates are negotiable, generally targeting $12-$17 per square foot depending on use, term, and build-out. The current asking rent is $2,000 per month.

Ideal uses include a coffee shop, wine bar, brewery taproom, boutique retail, yoga or wellness studio, creative office, or specialty food concept. Secure a flagship downtown location before the transformation—and rents—reach their peak. Read More