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29108337

1234 Confidential, Alliance, OH 44601

KP
GA 338748, FL (+5)
River Brokers
KP
GA, AL (+4)
River Brokers
Listed by River Brokers
$549,000
155 days on market
Updated 62 days ago

C-Store w/ Property in Alliance, OH only 1 Hr from Cleveland

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 3,024
Units 1
Cap Rate 26.23%
NOI $144,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $182
Class A
Buildings 1
Investment Type Owner/User
Occupancy Date 01/05/2026
Ownership 100%

Located in a residential area! Store is highly visible from the main road.

Marketing description

Key Financials:

Inside Sales are currently averaging $60,000 per month!

The Lottery Commission is $800 per month!

Net profit is over $12,000 per month AFTER paying $3,000 in Payroll and all other expenses! Seller is the only employee and therefore takes home over $15,000 per month including his payroll!

Store Information:

Building area is 3,024 Sq ft!

Located in a residential area! Store is highly visible from the main road. Minimal competition nearby!

Closed on Sundays! Huge opportunity to increase hours by opening on Sundays and maximize profits!

Drive-Thru style store with repeat neighborhood customers!

Demographic and Geographic Details:

This location benefits from steady daily needs-based demand from nearby housing, schools, restaurants, and lodging.

Local population is growing by 1.2% per year! Median Household Income is $55,953!

Average traffic count of 5,085 vehicles passing by the store each day!

Nearby schools like Alliance Intermediate School, Regina Coeli School and University of Mount Union collectively serve over 2,800 students and faculty.

Close proximity to restaurants like Burger Hut, Panda Garden, Jalisco's, Don Pancho's Tex-Mex Grill, Doug's Classic '57 Diner, Chives,Stone Age Pizza, East of Chicago and New China!

Near Hotels like Hampton Inn & Suites, Holiday Inn Express & Suites, Comfort Inn Alliance and Americas Best Value Inn!

Near apartment complexes like Nantucket Circle Apartments, Old Theater Apartments, AllianceTowers, Abbington at the Park, Potters Creek Apartments, Mt.Union Apartments, Tanglewood Court Apartments, Carriage Hill West Apartments and Westwood Court Apartments!

Close proximity to condominium complexes like Potters Creek Apartments and Newsom Tower Alliance!

1 hour from Cleveland, OH! 45 min Akron, OH! 1 hour 30 min to Pittsburgh, PA!

Asking Price for Business and Property: $549,000 plus inventory!

If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

Listing Contacts

KP
GA 338748, FL (+5)
River Brokers
KP
GA, AL (+4)
River Brokers
Listed by River Brokers

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$144,000.00
$12,000.00/mo

Valuation Metrics

0
DSCR
26.23%
Cap Rate
26.23%
ROI

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