2975 Canfield-Niles Rd Youngstown, OH 44515
- Retail properties
- 5,852 SF
- 0.97 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2975 Canfield-Niles Rd
- Year built
- 1940
- Lot size
- 0.97 lot acres
- Property size
- 5,852 SF
- Property type
- Retail properties
Description
This exceptional opportunity presents the acquisition of Lou's Beer and Wine Cellar, a well-established Mahoning County business located at 2975 S Canfield-Niles Rd, Youngstown, OH 44515. This profitable business, operating for over 50 years under the same family ownership, offers a turnkey solution for a savvy investor. The sale includes the real estate, all business assets, and the valuable liquor license. The property itself boasts 5,852 square feet situated on a 0.97-acre lot. Built in 1940 and renovated in 1978, the Class B building provides ample space for retail operations. The asking price is $4,250,000, translating to $726.25 per square foot. Detailed financial information is available upon execution of a non-disclosure agreement. Note that inventory is not included in the sale price. This is a rare chance to own a thriving, long-standing business with significant growth potential in a desirable location. The property is a single-unit building, offering a streamlined ownership experience. Don't miss this chance to acquire a piece of Youngstown's history and secure a strong return on your investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Youngstown
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.7617
- Latitude
- 41.0701
