We buy commercial real estate in Mentor, OH.

We pay fair prices for commercial real estate in Mentor. Sell your property as-is to local and experienced investors. Sell directly to us, without involving a realtor and avoid paying broker commissions.

We buy all types of commercial real estate in Mentor, including properties that are vacant, occupied, or in need of repairs.

Call today for a fair, no-obligation offer on your commercial property.

Learn more about Josh and Elina here.

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  • LP Property Group is a direct property investor and buyer with extensive experience in commercial real estate. We are not wholesalers—we buy, renovate, and keep properties. By selling your property directly to us, you can bypass the traditional real estate agent route and have a more streamlined selling process.

  • By selling directly to LP Property Group, you can eliminate the need for real estate agents and avoid paying broker commissions. This allows sellers who sell to us to save thousands of dollars on broker fees.

  • LP Property Group is experienced in buying properties "as is." This means you can sell your Mentor commercial property in its current condition, without the need for costly repairs or renovations. We specialize in buying properties that have been neglected and that are in various states of disrepair.

  • We understand the importance of time in commercial property transactions. LP Property Group is equipped to expedite the sales process, allowing you to sell your commercial property in Mentor quickly and painlessly. Our efficient procedures and years of experience with real estate transactions enable us to complete transactions quickly. When we pay cash, we can close in as little as two weeks on commercial properties.

  • We take pride in providing fair and competitive offers for commercial properties in Mentor. Our offers are based on thorough evaluation and research, taking into account market conditions, property location, condition, and other relevant factors, to ensure that our offers reflect the true worth of your property.

  • LP Property Group offers a no-obligation offer, giving you the flexibility to consider our proposal without any pressure or commitment. You can review the offer and make an informed decision that aligns with your goals and expectations.

  • We prioritize a seamless and hassle-free transaction process. LP Property Group handles all necessary paperwork and administrative tasks, ensuring a smooth experience for sellers. Our goal is to make the selling process as convenient and efficient as possible.

  • LP Property Group values your confidentiality and privacy. We maintain strict confidentiality throughout the transaction, ensuring that your personal and property information remains secure and private.

Why Should You Sell Your Mentor Commercial Property to LP Property Group?

We are a local, family-owned business with over a decade of experience in buying and managing commercial and residential real estate. Aside from our local knowledge, there are many reasons to choose us as the buyer for your Mentor commercial property:

Our Fast and Fair Process for Buying Commercial Real Estate in Mentor

1. Request an offer for your commercial property.

Receiving our offer is completely free of cost and without obligation to you. You can fill out our form or call Elina’s cell. phone at (216)694-8246.

Simply contact us.

2. We will schedule an appointment with you to visit your property.

We are local so scheduling appointments is easy. We will schedule a time to see your commercial property, at a time that is convenient for you and your tenants.  For property owners who need to sell quickly, same-day and next day appointments are usually available.

Let's schedule a time and date with you today.

3. You receive our no-obligation offer in an email.

Once we see the property and review certain financial documents, we can make you a no-obligation offer in as little as 24 hours.

We encourage you seek other offers for your property but we are confident that our offer will be fair and reasonable.

4. We will walk you through the closing process.

If we made you a cash offer on your property, we can close in as little as two weeks on commercial properties. We will prepare all the paperwork. No brokers are involved so you don’t pay any commissions.

Benefits of Selling Your Commercial Property Directly to LP Property Group

When it comes to selling your commercial real estate, there are many reasons to choose us. Here are just a few:

1.    Cash Offers: We usually pay in cash, which means you won't have to worry about financing falling through. Because we usually pay in cash, we can buy commercial real estate that is vacant, neglected, distressed, cash flow negative, or otherwise challenging to finance.

2.    Quick Closings: When we pay in cash, we can usually close on the commercial property within a couple of weeks, so you won't have to wait long to receive your payment.

3.    No Repairs Needed: We buy properties as-is, which means you won't have to spend time or money on repairs or upgrades. We will assume all point-of-sale requirements.

4.    No Commission Fees: Because we're not brokers, you won't have to pay any real estate commissions. There are other benefits to selling off-market.

5.    Local and experienced. We are a local, family-owned business and have years of experience in buying and managing commercial real estate. Learn more about us.

Avoid Broker Commissions: Sell Your Property Directly to LP Property Group and We Will Prepare the Paperwork

Maximize your profits by eliminating the involvement of real estate agents or brokers. Pay no commissions and retain as much as 5 to 6 percent more in proceeds from the sale of your commercial real estate. Simplify and streamline the selling process. Avoid needing to coordinate multiple showings with potential buyers and disturbing your tenants. Sell your commercial real estate quickly without hassle. All you have to do is call us. We will prepare all the paperwork and guide you through the entire transaction. Contact us today to discuss your property and receive a fair, no-obligation offer.

Choose 1 of 4 easy ways to contact LP Property Group

Start a live chat

During the day we are available to chat with you. Click the button and Josh or Elina will be with you momentarily.

Call & talk to us

If you prefer to talk to someone please give us a call.

Send a text message

You can get in touch with us by sending a text message from your phone.

Fill out our form

To give you a quick offer, we will need information about your property. Our form is a convenient way to contact us and get started.

Some of Our Recent Commercial Projects

How We Determine a Fair Price for Your Mentor Commercial Property

Our valuation process incorporates several factors to ensure that you receive an offer that aligns with the true value of your property. Here's how we determine a fair price:

Thorough market analysis: We conduct a comprehensive market analysis of the commercial property market where your property is located. This analysis involves evaluating recent sales data, current market trends, and demand for commercial properties in the area. By staying up to date with market conditions, we can accurately assess the value of your property.

Property condition assessment: When you contact us, we will set up a time for us to see your property so that we can gauge its physical condition. We will consider factors such as the overall structure, roofing, HVAC, electrical, foundation, and aesthetics. We understand that properties may require maintenance or repairs, and we take these factors into account when determining the fair price.

Location evaluation: The location of your property plays a crucial role in its value. We carefully analyze the location of your commercial property, considering factors such as visbility, proximity to major roads, transportation, amenities, and zoning regulations. A prime location can significantly enhance the value of your property.

Income-producing potential: We analyze the property's current and potential income, taking into account factors such as lease agreements, market rental rates, and expenses. This allows us to assess the property's value based on its income-generating capacity. Do not worry if your property is vacant or is cash flow negative. Because we typically pay cash, we can buy properties that are not generating income or are vacant.

Expertise and experience: We have extensive expertise and experience in the Northeast Ohio commercial real estate market. We have a deep understanding of Mentor’s commercial property landscape, buyer preferences, and market dynamics. This knowledge enables us to provide accurate valuations and determine a fair price for your property.

We provide no-obligation offers, allowing you to evaluate our proposal without any pressure or commitment. You have the freedom to review our offer, consider the factors mentioned above, and make an informed decision that aligns with your goals and expectations. For additional information about valuing your Mentor commercial property, check out this article.

Frequently Asked Questions About Selling Your Mentor Commercial Property to LP Property Group

Why types of commercial properties do you buy?

We buy:

  • Office buildings

  • Restaurants

  • Warehouses

  • Retail such as storefronts and shopping centers

  • Mobile home parks

  • Apartment buildings

Do you pay fair prices?

Yes. We typically work with sellers who appreciate that we can offer cash, close very quickly (no waiting for lenders or financing contingencies), and that they don’t need to spend any time or money fixing up the property or paying real estate agents’ fees. This is particularly valuable for sellers of commercial properties that do not cash flow which makes it challenging for potential buyers to secure financing. Our offer will reflect the value the seller gets from selling the property quickly and painlessly.

What happens to my existing tenants if I decide to sell to you?

We are experienced at buying properties with tenants in place. Before the closing, we will require all tenants to sign estoppel certificates to confirm the terms of their leases. We honor existing leases and treat everyone with respect.

Can you buy the commercial property I am inheriting?

Yes. Josh and Elina are experienced in buying properties that have been inherited or are in the process of being transferred through probate or trust administration. They have worked with administrators of estates, probate courts, and trustees of trusts to buy properties on multiple occasions.

I owe more on my mortgage than my property is worth. Can you still buy it from me?

Yes. While the process is a bit more time consuming and we can run into roadblocks in this situation, Josh and Elina have successfully negotiated with lenders on multiple occasions which successfully led to a sale (a short sale).

Why would I sell a property off-market?

There could be various reasons why someone would want to sell off-market, which means selling a property without listing it publicly on a real estate platform, typically with a realtor.

Cost: Realtors typically charge a commission fee, which can be anywhere from 2.5% to 6% of the sale price, and this cost can add up quickly. Some sellers may choose to sell their property without a realtor to save on commission cost.

Experience: While realtors are trained professionals who can provide valuable insights and guidance, we have significant experience with real estate transactions and are comfortable guiding you, the seller, through the selling process without a realtor's assistance. We will prepare all the paperwork.

Convenience: Selling off-market can be more convenient as it allows for a quicker and smoother transaction process. Sellers who sell to us avoid multiple showings and negotiations and the hassle of a prolonged sales process.

Who is buying my property?

We are.  When sellers enter into a purchase agreement with us, they should know that we are the end buyers.  We buy, renovate and lease out the properties we buy.  We have no intention of reselling the contract to another buyer.  We are not wholesalers or “bird dogs.”

Every seller has unique reasons for selling their commercial property. Some of the situations we frequently encounter are:

  • Challenges with filling vacancies and lack of cash flow.

  • Being unable to refinance a property at the end of a loan term.

  • Selling commercial property due to being behind on property taxes.

  • Selling commercial property because of civil judgments.

  • Relocation to a different state.

  • Sellers facing foreclosure and bank/lender/mortgage obligations they cannot meet.

  • A divorce can be settled quickly when both parties agree to sell their shared property.

  • We have purchased inherited property owned by family members living across the United States.

  • Mounting citations and costly repairs can be reasons to sell a nuisance property and move on.

  • Selling because a tax lien was recorded against the commercial property.

About Mentor, OH

Nestled in the heart of Lake County, Ohio, the city of Mentor is known for its vibrant community, beautiful landscapes, and thriving businesses. The city was named after the Greek figure Mentor, a symbol of wisdom and guidance, reflecting the community's commitment to mentorship and education. Like many areas in Northeast OH, the region started as primarily agricultural, with farms and orchards dotting the landscape.

Over time, Mentor underwent significant economic development, transitioning from its agricultural roots to a diverse and thriving economic hub. The city's strategic location, nestled along the shores of Lake Erie and close proximity to major transportation routes, played a crucial role in its growth. Today, Mentor boasts a wide range of industries, including manufacturing, healthcare, technology, retail, and service sectors.

Mentor has also become a thriving retail and tourism destination. The city is home to one of Ohio's largest shopping destinations, Great Lakes Mall, attracting visitors from across the region. The area around the mall has experienced significant commercial development, with a wide range of restaurants, hotels, and entertainment options.

While economic development has been a driving force in Mentor's growth, the city has been dedicated to preserving its natural beauty. Mentor is home to numerous gorgeous parks, including the scenic Headlands Beach State Park, making it a popular destination for outdoor enthusiasts. The city's commitment to green spaces and environmental sustainability has not only enhanced its quality of life but has also attracted visitors and bolstered the tourism industry.

Elina and Josh’s recommendations:

Headlands Beach State Park: 9601 Headlands Rd, Mentor, OH 44060

Trios Italian Grille: 7537 Mentor Ave. Unit 23 Mentor, OH 44060

Official City of Mentor website: https://cityofmentor.com/

8500 Civic Center Blvd, Mentor, OH 44060

Zip codes: 44060, 44061