Drive Thru Beverage 6505 Pearl Rd

2,298 SF Retail Building Parma Heights, OH 44130 $390,000 ($170/SF)

Executive Summary

Located on a high-traffic street in the thriving suburb of Parma Heights, with over 15,000 Vehicles per day, this location is ideal for any customer service based business. This property will appear to several buyer tapes and its offers several possible opportunities. First, a buyer can purchase the drive-through beverage store, which includes the business and the real estate and continue to grow the business which has a significant upside though longer hours. Or, theres an opportunity to convert the space back into an automotive facility, previously a valvoline, complete with 4 garage doors, an office and a full basement. This building offers updated electrical and security systems, an additional building on site for storage and a newer parking lot. Sellers are ready to review all offers.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Retail
Building Size
2,298 SF
Building Class
B
Year Built/Renovated
1990/1994
Price
$390,000
Price Per SF
$170
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.29 AC
Zoning
C
Frontage
111 FT on Pearl Rd

About 6505 Pearl Rd , Parma Heights, OH 44130

Drive-Through Beverage Store Investment Opportunity** Located on a high-traffic street in the thriving suburb of Parma Heights, Ohio, this well-established drive-through beverage store offers a unique opportunity for investors or operators looking to expand their business portfolio. We are offering it at $390k plus inventory, estimated at $35k. Currently, the business could generate significant monthly revenues with the upcoming events in the area, plus additional revenue from lottery sales. Now that the Browns are moving to their future stadium in Brook Park, this is going to be an awesome and exciting investment! The sale includes both the business and the real estate, featuring a newer roof, a 2021 asphalt update, and a full security system. With a median household income of $85,394 in the surrounding area—above the national average—and over 15,000 vehicles passing by each day, this is a prime location with strong consumer demand. The property includes approximately $35,000 in inventory and a C1 and D1 liquor license. There’s value-add potential through extended hours of operation and adding additional revenue streams. Currently closed before noon on weekdays and all day on Sundays, expanding the hours could significantly boost sales. The property also includes a second garage bay that is currently just used for storage, which isn't necessary since there is a HUGE underutilized basement space. This offers flexibility for future business enhancements, such as delivery services and potentially collaborating with local Airbnb hosts. The HVAC was recently inspected, and the roof, electrical system, and hot water tanks have all been recently replaced and/or improved. Phase 1 and 2 are clear and can be provided in due diligence. Whether you're an experienced owner/operator or a new investor seeking a business with growth potential, this drive-through beverage store is a rare find in a high-demand location.

Nearby Major Retailers

Buffalo Wild Wings
Citizens Bank
Huntington National Bank
Flagstar
The Tavern
Krispy Krunchy Chicken
Crunch
Fifth Third Bank
UFC Gym
Giant Eagle

PROPERTY TAXES

  • Listing ID: 33332593

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 6505 Pearl Rd, Parma Heights, OH 44130