10316 Purity RdSaint Louisville, OH 43071

Property Details for 10316 Purity Rd

Year built

1950

Lot size

0.26 AC

Property size (Sq ft)

992 SF

Property type

Retail properties

Property subtype

Retail space

APN

008-014622-00.000

APU

801462200000

Description

This exceptional turnkey business opportunity is located in Saint Louisville, Ohio, a thriving community in Licking County, just 30 miles from Intel. The property, situated at the intersection of Purity Road and Eden Church Road, encompasses a 1,072 square foot building on a 0.25-acre lot (11,325.6 sq ft). The asking price is $144,900, translating to $146.07 per square foot. The net rentable area is 992 square feet. This established convenience store is fully equipped and ready for immediate operation, including all furniture, fixtures, equipment, inventory, a point-of-sale (POS) system, and a security system. The sale includes a valuable C1 Liquor License, Level 3 Food License, and Cigarette License. The store features a mini-deli and offers pizza and sub sales, providing diverse revenue streams. Recent upgrades include a newer hot water tank and furnace. This presents a fantastic opportunity for an entrepreneur to own and operate a profitable business with potential for expansion in a picturesque farming community. The property's high-traffic location and existing licenses make it an attractive investment. Don't miss this chance to acquire a well-established business with significant growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $277,324

  6.5%

  $255,991

  7%

  $237,706

• Comparable approach

  Method

  Valuation

  Relative Method

  $233,835

  Geo Method

  $233,835

• Alternative Use

  Use

  Valuation

  Residential

  $215,938

  Hospitality

  $197,798

  Educational

  $164,566

  Medical

  $170,226

  Retail

  $255,991

Location Insight

City

Saint Louisville

County

Licking

State

Ohio

Latitude

40.2009

Longitude

-82.3378

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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