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Property profile & analytics
OFF-MARKET
Retail space

7697 Hbr Rd Lakeside Marblehead, OH 43440-9742

4,160 SF 0.26 ac lot Built 1952
Entity Owned 6-yr Hold Free & Clear
Property ID
US66-2409673
Property summary
AI-generated overview

This exceptional business opportunity presents a thriving, family-owned establishment situated on a prominent corner lot in Marblehead, Ohio, along a busy highway. The current owners have meticulously updated nearly all fixtures and equipment, including the recent addition of a fully functional commercial pizza kitchen. This turnkey operation boasts excellent cash flow, providing a seamless transition for a new owner. While some vendor-owned equipment is not included in the sale, the vast majority of assets are ready for immediate use. The sale includes the transfer of valuable Ohio liquor permits (C1 & C2), an Ohio Cigarette license, and a lottery license, ensuring a comprehensive and established business model. The current owners are willing to assist with the transition process, providing invaluable support and continuity. Furthermore, the existing staff expresses a strong desire to remain with the business, offering a stable and experienced workforce. This is a well-established, year-round business that has demonstrated significant exponential growth over the past several years, making it an attractive investment with substantial potential for continued success. The property sits on a 0.26-acre lot. The asking price is $599,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1952
Construction CONCRETE BLOCKS
Total area 4,160 SF
Lot 0.26 ac (11,500 SF)
APN 014-11741-15702-000
UPID US66-2409673
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dave's Drive-Thru Grocery & Convenience Store
  • A A Market Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Daves Drive Thru LLC · 6 yrs held
Daves Drive Thru LLC
since 2019
1 recorded transaction
2019
$65,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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