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Historic Italian Marketplace For Sale

7438 Southern Blvd, Youngstown, OH 44512

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For Sale

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Turnkey Italian marketplace established in 1907, a century-old legacy.

Type:Retail

Property size:

5,300 SF

Price / SF:

$188/SF

HighLights

Turnkey Italian marketplace established in 1907 with a century‑long legacy and strong community reputation.
Proven track record of success with a loyal clientele and high foot traffic.
Includes all fixtures, fittings, and meticulously sourced inventory for seamless operation.
Expansive retail spaces, a well‑equipped kitchen, and storage facilities.
Dedicated team of experienced staff willing to stay post‑transition.
Located in the heart of the community.

We can help!

Listing Contact

Dennis Gonatas

For Sale

Contact for pricing

Turnkey Italian marketplace established in 1907, a century-old legacy.

Type:Retail

Property size:

5,300 SF

Price / SF:

$188/SF

Added:: Mar 3, 2026
Days on Market:: 102
Last Refresh:: May 12 at 9:20 pm

Property Features for 7438 Southern Blvd

General Information

Standard status: Active
Size: 5,300 SF
Property subtype: Retail

Building Details

Year Built: 2002

We can help!

Listing Contact

Dennis Gonatas

Listing agent Dennis Gonatas License #BRKP.2023000272

Listing office Gonatas Real Estate

Listing date Mar 3, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Gonatas Real Estate

HighLights

Turnkey Italian marketplace established in 1907 with a century‑long legacy and strong community reputation.
Proven track record of success with a loyal clientele and high foot traffic.
Includes all fixtures, fittings, and meticulously sourced inventory for seamless operation.
Expansive retail spaces, a well‑equipped kitchen, and storage facilities.
Dedicated team of experienced staff willing to stay post‑transition.
Located in the heart of the community.

Overview

This historic Italian marketplace, established in 1907, is available for sale as a turnkey operation. The business has been a cornerstone of culinary excellence and local tradition for over a century. The property features expansive retail spaces, a well-equipped kitchen, and storage facilities, all maintained to the highest standards. The sale includes all fixtures, fittings, and meticulously sourced inventory. The marketplace is known for its exceptional selection of gourmet Italian foods, artisanal goods, and an ambiance of old-world charm. It attracts a loyal clientele and consistently garners high foot traffic. The property is located in the heart of the community. The business has a proven track record, supported by a dedicated team of experienced staff. The marketplace is a cultural landmark, embedded in the fabric of the local society. The property size is 5300 square feet.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$79.5k	$15.00
− Vacancy	−$4.8k	−$0.90
EGI	$74.7k	$14.10
− OpEx	−$18.7k	−$3.53
NOI	$56.1k	$10.58

5,300 SF · lease $15.00/SF/yr · vacancy 5.98% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$800.8K

$700.7K – $934.3K (±1% cap)

NOI $56,059 @ 7.0% cap · market cap 5.61%

Second Best

Retail

$238.5K

$208.7K – $278.3K (±1% cap)

NOI $16,695 @ 7.0% cap · market cap 1.67%

Theoretical Best

Office A

$1.00M

$875.1K – $1.17M (±1% cap)

NOI $70,011 @ 7.0% cap · market cap 7.00%

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

Property Profile Location Intelligence

Current Use by Public Records

Lariccia's Italian Marketplace Grocery & Convenience Store

Suggested Use

Similar Places Nearby

Save A Lot — 2725 South Ave, Youngstown, OH 44502

Location Insight

Map
Local Demand

City: Youngstown
County: Mahoning
State: Ohio
Longitude: -80.654698
Latitude: 41.0199885

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What type of property is this?

Grocery and convenience store - Turnkey Italian marketplace established in 1907, a century-old legacy.

Where is this grocery and convenience store located?

The property is located at 7438 Southern Blvd Youngstown, OH.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Turnkey Italian marketplace established in 1907 with a century‑long legacy and strong community reputation.; Proven track record of success with a loyal clientele and high foot traffic.; Includes all fixtures, fittings, and meticulously sourced inventory for seamless operation.