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    OFF-MARKET
    Retail properties & Spaces

    56 Broadway Rd, Geneva, OH 44041

    1,820 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional offering presents two thriving retail locations in Geneva and Geneva-on-the-Lake, Ohio. The Downtown Geneva property, situated in a revitalized historic district, boasts 1,820 square feet of space within a vibrant retail area. Its strategic location benefits from the nearby Grand River Wine Region, SPIRE Institute, and the constant flow of visitors to Geneva-on-the-Lake, Ohio's oldest summer resort. The second location, on Main Street in Geneva-on-the-Lake, capitalizes on the bustling tourist traffic and scenic Lake Erie views. This property also benefits from the ongoing revitalization of this historic lakeside community, offering unparalleled visibility and foot traffic. Both locations are supported by favorable lease terms. This turnkey opportunity includes existing inventory, established vendor relationships, a loyal customer base, and comprehensive training. The business, operating successfully for over 14 years, offers a diverse product range including healthy lifestyle supplements, reasonably priced clothing, and food items. The sale also encompasses all office equipment, computer systems, software, and the established online sales platform. This is a rare chance to acquire two established, profitable retail businesses in prime Ashtabula County locations. The asking price for this combined opportunity is $220,000.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,820 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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