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    5125 Lake Rd E Geneva, OH 44041

    For Sale
    $695,000

    SINGLE_FAMILY - Geneva, OH

    Type:Retail
    Lot size:
    0.18 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 5125 Lake Rd E

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Security features
    Security
    APN
    210300004800
    Parking features
    Parking Lot
    Patio and Porch features
    Patio
    Fencing
    Gate
    Lot size
    0.18 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1990
    Roof type
    Metal

    McDowell Homes Real Estate Services (440) 205-2000 [email protected]

    Listing agent Antoinette Noday-Krager (440) 813-4079 License #2021002027

    Listing date Nov 18, 2025

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Geneva-on-the-Lake Convenience Store

    This is a turnkey opportunity to acquire an established and fully remodeled convenience store situated in the high-traffic entertainment district of Geneva-on-the-Lake. Lakeside Marketplace is a retail operation located on the "Strip", near Lake Erie's shoreline and surrounded by motels, short-term rentals, and residential neighborhoods. This commercial property includes a liquor license (D2 & D2X), lottery sales, cigarette license, a walk-in beer cave, and a deli with dine-in seating. Interior and exterior updates have been completed. The property is located on Geneva-on-the-Lake's main tourist corridor, surrounded by seasonal tourism and year-round residents, and minutes from wineries, Historic Ashtabula Harbor, the Spire Institute, Geneva State Park, and Western Reserve Covered Bridges. The property is situated on a lot of 0.175 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Auto Repair Shop Gym & Fitness Clothing Store Department Store Food Market Grocery Store Discount Store Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Geneva
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.943649
    Latitude
    41.861213

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    FAQs

    What type of property is this?
    Grocery and convenience store - Established convenience store with liquor license in high-traffic tourist area.
    Where is this grocery and convenience store located?
    The property is located at 5125 Lake Rd E Geneva, OH.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Prime location on Geneva-on-the-Lake's main tourist corridor ("The Strip") with high visibility and traffic.; - Turnkey, fully remodeled convenience store requiring minimal upfront renovation.; - Includes valuable liquor (D2 & D2X), cigarette, and lottery licenses.
    (440) 813-4079
    Request Owner's contact information
    5125 Lake Rd E Geneva, OH 44041
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    Geneva, OH 44041
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5125 Lake Rd E Geneva, OH 44041
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