56 Broadway RdGeneva, OH 44041

For Sale
$220,000

Prime Retail Space, Two Locations

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional offering presents two thriving retail locations in Geneva and Geneva-on-the-Lake, Ohio. The Downtown Geneva property, situated in a revitalized historic district, boasts 1,820 square feet of space within a vibrant retail area. Its strategic location benefits from the nearby Grand River Wine Region, SPIRE Institute, and the constant flow of visitors to Geneva-on-the-Lake, Ohio's oldest summer resort. The second location, on Main Street in Geneva-on-the-Lake, capitalizes on the bustling tourist traffic and scenic Lake Erie views. This property also benefits from the ongoing revitalization of this historic lakeside community, offering unparalleled visibility and foot traffic. Both locations are supported by favorable lease terms. This turnkey opportunity includes existing inventory, established vendor relationships, a loyal customer base, and comprehensive training. The business, operating successfully for over 14 years, offers a diverse product range including healthy lifestyle supplements, reasonably priced clothing, and food items. The sale also encompasses all office equipment, computer systems, software, and the established online sales platform. This is a rare chance to acquire two established, profitable retail businesses in prime Ashtabula County locations. The asking price for this combined opportunity is $220,000.

Highlights

  • Two thriving retail locations in Geneva and Geneva-on-the-Lake, Ohio.
  • Downtown Geneva location: 1,820 sq ft in revitalized historic district, near Grand River Wine Region and SPIRE Institute.
  • Geneva-on-the-Lake location: Main Street, high tourist traffic, Lake Erie views.
  • Favorable lease terms.
  • Turnkey operation includes inventory, vendor relationships, customer base, and training.
  • Established business (14+ years), diverse product line (supplements, clothing, food).

Location Insight

City
Geneva
County
Ashtabula
State
Ohio
Latitude
41.8044143
Longitude
-80.9481036
56 Broadway Rd, Geneva, Ohio

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56 Broadway Rd
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