1128 Market StWarren, OH 44485

  • Retail properties
  • 7,200 SF
For Sale
$500,000 View listing

Property Details for 1128 Market St

Year built
1924
Lot size
0.95 AC
Property size (Sq ft)
7,200 SF
Property type
Retail properties
Property subtype
Retail space
APN
39-390066
APU
39390066

Description

This established convenience store, located at 1128 W Market St, Warren, OH 44485, presents a unique investment opportunity. Spanning 7,200 square feet, this retail property boasts a prime location with high traffic volume and significant foot traffic, ensuring consistent customer flow. The business offers a diverse range of services including groceries, lottery tickets, beer, wine, tobacco products, an ATM, Bitcoin machine, EBT, bill pay, MoneyGram, money orders, and a lucrative check-cashing operation generating $450,000-$650,000 monthly. A successful hot food service further enhances profitability. Recent upgrades include new flooring, coolers, and shelves, along with an expanded vape product section. Additional revenue streams include a substantial lottery commission ($60,000-$70,000 annually), ATM profits ($8,000-$12,000 annually), and significant money order sales (averaging $3-$4 million annually). Inside sales average $70,000-$80,000 monthly and are steadily increasing. Pull tabs generate an additional $1,800-$2,500 monthly. The current monthly lease is $5,000. Inventory is not included in the asking price of $500,000. The seller is willing to provide transitional training. Serious inquiries only, with proof of funds and a signed Non-Disclosure Agreement (NDA) required to review detailed financials. Please respect the employees and refrain from disturbing them.

1128 Market St, Warren, Ohio

Location Insight

City
Warren
County
Trumbull
State
Ohio
Latitude
41.2344
Longitude
-80.8332
CBSA code
49660
CBSA name
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,594
$28,880
$26,600
$55,480
-
$82,500
$76,000
$158,500

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