2957 Pearl Ave Lorain, OH 44055-1836
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.
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Roman's Groceries Grocery & Convenience Store Food Market
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ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.