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Property profile & analytics
OFF-MARKET
Commercial real estate

325 Market St Clarington, OH 43915-9400

1,408 SF Built 1900
Individually Owned 2-yr Hold Free & Clear
Property ID
US66-5016395
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction FRAME
Total area 1,408 SF
APN 19-002026.0000
UPID US66-5016395
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
Current use
Occupant on record · Public records
  • T & M Salon Hair Salon Nail Salon
  • Clarington Carry Out Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Karen T Randall · 2 yrs held
Karen T Randall
since 2023
2 recorded transactions
2023
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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