325 Market St Clarington, OH 43915-9400
- Commercial real estate
- 1,408 SF
Jul 25, 2023
Current Use by Public Records
- T & M Salon / Beauty Salon
- Clarington Carry Out / Grocery Store
Property Details for 325 Market St
- Year built
- 1900
- Construction
- FRAME
- Property size
- 1,408 SF
- Property type
- Commercial real estate
- APN
- 19-002026.0000
- APU
- 190020260000
Description
This profitable Clarington, OH retail property at 325 Market Street offers a unique investment opportunity. The 2,816 square foot building sits on a 0.16-acre lot and currently operates as a convenience store, providing essential groceries, beer, and lottery tickets to the local community. A key feature is the inclusion of a two-bedroom, one-bathroom apartment located above the store, generating additional rental income. An existing beauty shop, also located above the store, offers potential for conversion into another apartment unit, further increasing rental revenue. The property boasts 12 coolers and 3 freezers, with two new coolers added within the last two years. Recent improvements include a new roof, enhancing the building's longevity and reducing maintenance costs. The sale includes the existing liquor and lottery licenses, providing immediate revenue streams. This turnkey operation presents a strong return on investment for a savvy buyer looking to capitalize on a thriving small-town market. The combination of retail sales and rental income makes this a truly diversified and attractive investment opportunity. The property's location in the heart of Clarington ensures consistent customer traffic and strong community ties. This is a rare chance to acquire a well-established business with significant upside potential.
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
- Clarington
- County
- Monroe
- State
- Ohio
- Longitude
- -80.8709
- Latitude
- 39.7671