1295 Mt Vernon Ave 1301 Marion, OH 43302-5661
This exceptional turnkey smoke shop business opportunity is located at 1295 Mt. Vernon Avenue in Marion, Ohio, 43302. Boasting a prime location on State Route 95, this established business enjoys high visibility and consistent traffic, resulting in impressive monthly sales averaging between $30,000 and $35,000. The business has cultivated a loyal customer base and strong community reputation over its four-year history. The asking price for this profitable venture is $75,000. The sale includes approximately $105,000 worth of inventory (as of August 1st, 2024), encompassing a diverse range of products such as vapes, tobacco products, pipes, hookahs, cigars, CBD products, and clothing. The current lease agreement is $1800 per month for a 1,700 square foot space situated on a 47,916 square foot lot. This is a fantastic opportunity for an entrepreneur seeking an immediately operational business with a proven track record and significant earning potential. The business is offered as a complete turnkey operation, ready for a new owner to step in and continue its success. Note that this sale is for the business only
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.