10429 Main St, North East, PA 16428

Property Details for 10429 Main St

Year built

2002

Lot size

1.67 lot acres

Property type

Retail properties & Spaces

Property subtype

Retail space

Description

This exceptional investment opportunity presents a highly profitable, turnkey business and its accompanying real estate. The Super Stitch Sewing, Vacuum & Learning Center, established in 1983, boasts over $1.2 million in average annual sales (2021-2023) and a net operating income of $215,541 (2023). The business, including its name, assets, goodwill, and inventory, is offered at $475,000. The accompanying 6,250 square foot, two-story building, constructed in 2002 and fully renovated in 2017, sits on a 1.672-acre lot in North East, PA. The property features a large showroom with high ceilings and abundant natural light, a state-of-the-art learning center with seating for 17+, office space, and ample storage. Additional amenities include paved parking for 29+ vehicles, front and rear entrances, digital signage, a security system, and a central vacuum system. The property is zoned B-1 Commercial and enjoys a convenient location, just three miles from I-90, Exit 41. Multiple revenue streams contribute to the business's success, including sewing machine and vacuum sales and service, monthly supply clubs, in-person and online classes, and kids' camps. A well-developed website and strong social media presence further enhance its reach. The business's extensive client base extends throughout Greater Erie and a 2-3 hour radius, encompassing Buffalo, Cleveland, and Pittsburgh. The real estate and business are offered together for $1,295,000, with a lease option available at $4,500 per month, NNN. A 3D tour and floor plan are available.

Location Insight

City

North East

County

Erie

State

Pennsylvania

Longitude

-79.858

Latitude

42.2075