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4423 W Detroit Ave

2,310 SF Retail Building Cleveland, OH 44102 $1,599,999 ($693/SF)

Executive Summary

Convenience Store Business and Real Estate
Prime Location in Ohio City
This well-established convenience store offers a prime opportunity for a savvy investor. Located in the heart of Ohio City, this business has been a community staple for over 30 years.
Key Features:
Profitable Operation: Consistent daily sales of $4,000 when open seven days a week.
Diverse Revenue Streams: Generates income from lotto, alcohol, tobacco sales, lunch/dinner service, and basic grocery items.
Community Hub: Long-standing reputation as a neighborhood gathering place.
Outdoor Seating: Provides additional space for customers to enjoy their food and drinks.
Real Estate Included: Own the building and land, offering long-term security and potential for future growth.
Don't miss this chance to own a thriving business in a desirable location.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

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
Convenience Store
Building Size
2,310 SF
Building Class
C
Year Built
1961
Price
$1,599,999
Price Per SF
$693
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
R1
Parking
8 Spaces (3.46 Spaces per 1,000 SF Leased)
Frontage
114 FT on 45th St

Amenities

  • Signage
  • Signalized Intersection
Walk Score ®
Very Walkable (79)
Bike Score ®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Title Boxing
Keybank
Planet Fitness
Flagstar Bank N.A.
Citizens Bank
Chase Bank
Margaritaville
Wells Fargo Bank
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
003-25-001
Land Assessment
$24,640 (2023)
Improvements Assessment
$28,040 (2023)
Total Assessment
$52,680 (2023)
  • Listing ID: 33504956

  • Date on Market: 10/13/2024

  • Last Updated:

  • Address: 4423 W Detroit Ave, Cleveland, OH 44102

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