Grocery Store with Gas
726 China Street Crooksville, OH 43731
For Sale
$2,100,000
Pending
SINGLE_FAMILY - Crooksville, OH
Property Size6,620 SF
Lot Size0.88 Acres
Days on Market120
Property Features for 726 China Street
General Information
Property type
Residential
Property subtype
Retail
Parking
40
Parking features
Parking Lot
Security features
Security
Standard status
Pending
APN
110010180000
Lot size
0.88 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT SW 1/4 SEC 16 .006 AC PT SE 1/4 SEC 17 .869 AC SEC 16
Tax Annual Amount
4544
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1972
Floors in Building
1
Roof type
Metal
Listing Agency:
Lepi & Associates
(740) 455-3730
Listed By:
Gail L Garland · License #417546
(740) 819-3190
Added: Apr 1
Changed: Jul 28
Last Checked: Jul 29 at 6:06AM
MLS# 5198415
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This fully operational village grocery store offers a primary retail storefront with large glass display windows designed to maximize product visibility and natural light. The property includes commercial space plus additional utility building and shed for storage, operations, and potential expansion. Revenue features currently on site include an on-site lottery machine and a liquor license, and the sale also includes Marathon-branded gas pumps. A large neon digital sign positioned at the front supports visibility for passing traffic.
The property is located at 726 China Street in Crooksville, OH (Perry County). Parking for 40+ cars is available, accommodating customer parking, delivery operations, and community events if desired.
With approximately 0.910 acres and about 6,620 sq ft of commercial space (per the listing remarks), this combination grocery and fuel site is positioned for a seamless ownership transition and continued day-to-day operations.
The property is located at 726 China Street in Crooksville, OH (Perry County). Parking for 40+ cars is available, accommodating customer parking, delivery operations, and community events if desired.
With approximately 0.910 acres and about 6,620 sq ft of commercial space (per the listing remarks), this combination grocery and fuel site is positioned for a seamless ownership transition and continued day-to-day operations.
Key Highlights
- Turnkey, fully operational village grocery store with established customer loyalty and multiple income streams.
- High‑visibility location on 0.910 acres, featuring a large neon digital sign and parking for 40+ cars.
- Substantial 6,620 sq ft commercial space with additional utility building and shed for storage and expansion.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.6k | $21.84 |
| − Vacancy | −$34.7k | −$5.24 |
| EGI | $109.9k | $16.60 |
| − OpEx | −$27.5k | −$4.15 |
| NOI | $82.4k | $12.45 |
6,620 SF · lease $21.84/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.18M
$1.03M – $1.37M
NOI $82,411 @ 7.0% cap · market cap 3.92%
Second Best
Retail
$1.10M
$961.5K – $1.28M
NOI $76,917 @ 7.0% cap · market cap 3.66%
Theoretical Best
Warehouse
$1.33M
$1.17M – $1.56M
NOI $93,399 @ 7.0% cap · market cap 4.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Ruff's IGA — 700 China St, Crooksville, OH 43731
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Fully operational village grocery store with large storefront windows, on-site lottery, liquor license, and Marathon-branded gas pumps.
Where is this grocery and convenience store located?
The property is located at 726 China Street Crooksville, OH.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Turnkey, fully operational village grocery store with established customer loyalty and multiple income streams.; High‑visibility location on 0.910 acres, featuring a large neon digital sign and parking for 40+ cars.; Substantial 6,620 sq ft commercial space with additional utility building and shed for storage and expansion.
