For Sale
$4,250,000

2975 Canfield-Niles RdYoungstown, OH 44515

Established Beer & Wine Cellar, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional opportunity presents the acquisition of Lou's Beer and Wine Cellar, a well-established Mahoning County business located at 2975 S Canfield-Niles Rd, Youngstown, OH 44515. This profitable business, operating for over 50 years under the same family ownership, offers a turnkey solution for a savvy investor. The sale includes the real estate, all business assets, and the valuable liquor license. The property itself boasts 5,852 square feet situated on a 0.97-acre lot. Built in 1940 and renovated in 1978, the Class B building provides ample space for retail operations. The asking price is $4,250,000, translating to $726.25 per square foot. Detailed financial information is available upon execution of a non-disclosure agreement. Note that inventory is not included in the sale price. This is a rare chance to own a thriving, long-standing business with significant growth potential in a desirable location. The property is a single-unit building, offering a streamlined ownership experience. Don't miss this chance to acquire a piece of Youngstown's history and secure a strong return on your investment.

Highlights

  • $4,250,000 asking price for this established business and building.
  • 5,852 square foot retail building on a 0.97-acre lot in Youngstown, Ohio.
  • Class B building, constructed in 1940, renovated in 1978.
  • Includes real estate, business assets, and liquor license; inventory not included.
  • Established business, operating for over 50 years under the same family ownership.

Property Details for 2975 Canfield-Niles Rd

Property type
Retail properties
Square Feet
5,852 SF
Class
B
Year Built/Renovated
1940/1978
Lot Size (sq. ft)
42,253 SF
Units
1

Location Insight

City
Youngstown
County
Mahoning
State
Ohio
Latitude
41.0700659
Longitude
-80.7616555
2975 Canfield-Niles Rd, Youngstown, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2975 Canfield-Niles Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message