7438 Southern BlvdYoungstown, OH 44512

Property Details for 7438 Southern Blvd

Lot size

0.16 AC

Property type

Retail properties

Property subtype

Retail space

APN

29-031-0-096.00-0

APU

290310096000

Description

This exceptional retail property at 7438 Southern Boulevard in Youngstown, Ohio, presents a unique investment opportunity. Boasting a prominent location and a rich history spanning over a century, this business has enjoyed consistent success since its establishment in 1907. The sale includes a complete turnkey operation, eliminating the need for extensive setup and allowing for immediate revenue generation. All necessary equipment, inventory, and recipes are included in the sale price of $1,000,000. The property sits on a 0.17-acre lot, providing ample space for the existing operation. Comprehensive training will be provided to ensure a smooth transition for the new owner. This is a rare chance to acquire a well-established, profitable business with a proven track record and significant potential for continued growth. The business's longevity speaks volumes about its strong customer base and its enduring appeal within the Youngstown community. This turnkey operation minimizes the risks associated with starting a new venture, offering a streamlined path to ownership and immediate profitability. The included training program further enhances the value proposition, providing the necessary knowledge and support for a successful transition. This is an exceptional opportunity for an investor seeking a stable, established business with a long history of success. The property's location and the comprehensive nature of the sale make this an attractive investment with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,984,879

  6.5%

  $1,832,196

  7%

  $1,701,325

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,673,618

  Geo Method

  $1,673,618

• Alternative Use

  Use

  Valuation

  Residential

  $1,545,526

  Hospitality

  $1,415,693

  Educational

  $1,177,840

  Medical

  $1,218,348

  Retail

  $1,832,196

Location Insight

City

Youngstown

County

Mahoning

State

Ohio

Latitude

41.0201

Longitude

-80.6543

CBSA code

49660

CBSA name

YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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