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2957 Pearl Ave Lorain, OH 44055

For Sale
$500,000

Established Grocery Store, Turnkey Operation

Property size:
1,624 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional opportunity presents a well-established grocery store located at 2957 Pearl Avenue in Lorain, Ohio. The property encompasses a 1,624 square foot building situated on a 0.33-acre lot, offering a prime location in the heart of Lorain City with high traffic volume. This turnkey operation boasts over 30 years of successful business history, providing a strong foundation for continued growth. The sale includes the building, land, and all existing equipment, ensuring a seamless transition for the new owner. The business currently offers a diverse range of products including groceries, beer, wine, cigarettes, and lottery tickets. All necessary licenses for the sale of beer, wine, tobacco, and lottery are transferable according to state regulations. The current owners are committed to providing comprehensive training and consultation to the new buyer for a mutually agreed-upon period, facilitating a smooth transition and ensuring continued success. Financial details are available upon request, allowing potential buyers to thoroughly assess the profitability and potential of this established business. This is a rare opportunity to acquire a profitable, established business with a proven track record in a high-traffic location. The combination of a strong business model, prime location, and owner support makes this an attractive investment for a discerning buyer. Don't miss this chance to own a thriving retail establishment in a vibrant community.

Property Features for 2957 Pearl Ave

General Information

Property type
Retail properties
Square Feet
1,624 SF
Lot Size
14,375 SF

Building Details

Year Built
1962

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Roman's Groceries Grocery Store ATM Atm

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Lorain
County
Lorain
State
Ohio
Longitude
-82.13632
Latitude
41.4437

FAQs

What type of property is this?
Retail property - Established Grocery Store, Turnkey Operation
Where is this retail property located?
The property is located at 2957 Pearl Ave Lorain, OH.
What is the asking price?
The asking price for this property is $500,000.
More about this property
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