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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

4423 Detroit Ave Cleveland, OH 44113

2,310 SF Built 1961
Property ID
Property summary
AI-generated overview

This exceptional Ohio City convenience store presents a lucrative investment opportunity. The 2,310 square foot building, situated on a 9,147 square foot lot, is located at 4423 Detroit Ave, Cleveland, OH 44113, within the R1 zoned Cuyahoga County. Built in 1961, this established business boasts consistent daily sales averaging $4,000 when operating seven days a week. Multiple revenue streams include lottery sales, alcohol and tobacco sales, prepared food service (lunch/dinner), and grocery items. The property's long-standing presence has fostered a strong community reputation, further enhanced by outdoor seating. This offering includes both the thriving business and the underlying real estate, providing long-term security and significant growth potential. The property's parcel number is 003-25-001. This is a rare chance to acquire a turnkey operation in a prime Ohio City location. Asking price is $1,599,999.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1961
Total area 2,310 SF
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
  • Thomas Food Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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