2957 Pearl AveLorain, OH 44055

For Sale
$500,000

Established Grocery Store, Turnkey Operation

Overview

Added:
Feb 3
Days on market:
39
This exceptional opportunity presents a well-established grocery store located at 2957 Pearl Avenue in Lorain, Ohio. The property encompasses a 1,624 square foot building situated on a 0.33-acre lot, offering a prime location in the heart of Lorain City with high traffic volume. This turnkey operation boasts over 30 years of successful business history, providing a strong foundation for continued growth. The sale includes the building, land, and all existing equipment, ensuring a seamless transition for the new owner. The business currently offers a diverse range of products including groceries, beer, wine, cigarettes, and lottery tickets. All necessary licenses for the sale of beer, wine, tobacco, and lottery are transferable according to state regulations. The current owners are committed to providing comprehensive training and consultation to the new buyer for a mutually agreed-upon period, facilitating a smooth transition and ensuring continued success. Financial details are available upon request, allowing potential buyers to thoroughly assess the profitability and potential of this established business. This is a rare opportunity to acquire a profitable, established business with a proven track record in a high-traffic location. The combination of a strong business model, prime location, and owner support makes this an attractive investment for a discerning buyer. Don't miss this chance to own a thriving retail establishment in a vibrant community.

Property Details for 2957 Pearl Ave

Property type
Retail properties, Other retail properties
Square Feet
1,624 SF
Year Built
1962
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Lorain
County
Lorain
State
Ohio
Latitude
41.4437
Longitude
-82.13632
2957 Pearl Ave, Lorain, Ohio

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2957 Pearl Ave
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