Lou's Beer and Wine Cellar | 2975 S Canfield Niles Rd
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Lou's Beer and Wine Cellar 2975 S Canfield Niles Rd
6,314 SF Retail Building Youngstown, OH 44515 $3,250,000 ($515/SF)
Investment Highlights
- Mahoning County's Premier Beer and Wine Store
- In business over 50 years
- Owner will train new buyer
Executive Summary
Mahoning County's premier beer and wine store; owned and operated by the same family for over 50 years.
Owner willing to remain with the business while new owners get acclimated.
Sale includes real estate, business assets, and liquor license.
Main building: 3,752 SF includes retail and 2 apartments in lower level; Outbuilding 1: 1,500 SF; Outbuilding 2: 600 SF
Financial information available with NDA.
*Inventory not included in sales price*
Owner willing to remain with the business while new owners get acclimated.
Sale includes real estate, business assets, and liquor license.
Main building: 3,752 SF includes retail and 2 apartments in lower level; Outbuilding 1: 1,500 SF; Outbuilding 2: 600 SF
Financial information available with NDA.
*Inventory not included in sales price*
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
6,314 SF
Building Class
C
Year Built/Renovated
1940/1978
Price
$3,250,000
Price Per SF
$515
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.97 AC
Parking
12 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
80 FT on Canfield Niles Rd
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 48-021-0-047.00-0 | Improvements Assessment | $70,140 (2023) |
| Land Assessment | $8,490 (2023) | Total Assessment | $78,630 (2023) |
PROPERTY TAXES
Parcel Number
48-021-0-047.00-0
Land Assessment
$8,490 (2023)
Improvements Assessment
$70,140 (2023)
Total Assessment
$78,630 (2023)
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Lou's Beer and Wine Cellar | 2975 S Canfield Niles Rd
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