Skip To Content

1128 W Market Street

Warren, OH 44485
  • $500,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 5024235
$500,000
  • 0
    BEDS
  • 0.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1924
County:
Area:

School Ratings & Info

School District:

Description

Established convenience store located in the heart of Warren. This successful business is a turn-key operation. It has been a staple in the community for decades. Prime location with excellent traffic flow & significant foot traffic. Ownership recently made many updates including new flooring, coolers, shelves, electrical updates, kitchen equipment and expansion of a designated section for vape products. Includes groceries, lottery, beer, wine tobacco/cigarettes, ATM, Bitcoin Machine, EBT, Bill Pay, Money Orders & very lucrative check cashing business. Successful hot food service business as well. Lease is $5000/month. Inventory not included in list price. Check cashing $450,000-$650,000 monthly or $5.4-$7.8 million yearly. If new owner is not interested in check cashing, a representative from a local company will operate that portion of the business, 6 days a week from open-close for a fee and owner would not be responsible for any returned checks. Lottery commission currently $60,000-$70,000 per year. ATM profit is $8000-$12,000 per year. Money order sales average $3-$4 million per year. Inside sales $70-$80K monthly and increasing steadily as business is under new management. Pull tabs average yearly income of $7000-$11,000. New tire air pressure machine recently added. Owner willing to provide transitional training. Serious buyers only with proof of funds available. Must sign Non-Disclosure Agreement (NDA) in order to review financials. Please do not disturb the employees. Direct all questions and inquiries to listing agent.

Monthly Payment Calculator

www.clevelandhomefinder.com/homes/148700941
Print Image

1128 W Market Street Warren, OH 44485

  • Price: $500,000
  • Status: Active
  • On Site: 34 Days
  • MLS #: 5024235
0
Beds
0
Baths
0
½ Baths
0.95
Acres
1924
Built
Neighborhood:
Al Westgards Map
County:
Trumbull
Area:
Warren
School District:
Warren Csd - 7820
Property Description
Established convenience store located in the heart of Warren. This successful business is a turn-key operation. It has been a staple in the community for decades. Prime location with excellent traffic flow & significant foot traffic. Ownership recently made many updates including new flooring, coolers, shelves, electrical updates, kitchen equipment and expansion of a designated section for vape products. Includes groceries, lottery, beer, wine tobacco/cigarettes, ATM, Bitcoin Machine, EBT, Bill Pay, Money Orders & very lucrative check cashing business. Successful hot food service business as well. Lease is $5000/month. Inventory not included in list price. Check cashing $450,000-$650,000 monthly or $5.4-$7.8 million yearly. If new owner is not interested in check cashing, a representative from a local company will operate that portion of the business, 6 days a week from open-close for a fee and owner would not be responsible for any returned checks. Lottery commission currently $60,000-$70,000 per year. ATM profit is $8000-$12,000 per year. Money order sales average $3-$4 million per year. Inside sales $70-$80K monthly and increasing steadily as business is under new management. Pull tabs average yearly income of $7000-$11,000. New tire air pressure machine recently added. Owner willing to provide transitional training. Serious buyers only with proof of funds available. Must sign Non-Disclosure Agreement (NDA) in order to review financials. Please do not disturb the employees. Direct all questions and inquiries to listing agent.
Exterior Features

Attached Garage YN No

Interior Features

Building Area Total 7200 Heating Forced Air Gas Heating YN Yes Main Level Bathrooms 0

Property Features

Property Sub Type Retail Special Listing Conditions Standard Tax Annual Amount 3594 Township Other Township

 
https://bt-photos.global.ssl.fastly.net/mlsnowhh/orig_boomver_1_5024235-2.jpg https://bt-photos.global.ssl.fastly.net/mlsnowhh/orig_boomver_1_5024235-2.jpg https://bt-photos.global.ssl.fastly.net/mlsnowhh/orig_boomver_1_5024235-2.jpg
Logo
Howard Hanna
8396 Mentor Ave.
Mentor OH, 44060