3035 Pearl Avenue
Retail | 15,770 SqFt
Marketing description
Premium Location & Site Advantages:
• Strategic Corner Lot: High-visibility commercial corner with dual-street access from both E 31st St and Pearl Ave.
• High Traffic & Exposure: Located on a highly active, busy street surrounded by a dense residential neighborhood, ensuring a massive, immediate customer base.
• Excellent Accessibility: Easy ingress and egress for customers, perfect for quick-stop or drive-thru businesses.
Endless Redevelopment Potential (Permitted B-2 Uses):
Perfect for an owner-operator to step into a high-cash-flow business, OR a developer to leverage the prime corner location for:
• Drive-Through Convenience Store / Retail
• Fast-Food Restaurant / Coffee Shop Drive-Thru
• Expanded Automotive or Detailing Hub
• Gas Station (Subject to local approval) ---
Clean title. Serious inquiries only. Contact for private showing and financial verification.
Investment highlights
Property & Income Highlights:
• Building 1 - Highly Profitable Mechanic Shop (640 Sq Ft): Active automotive shop generating $10,000 to $15,000 in monthly NET profit. Fully equipped with tools, including brand-new tire changer equipment (included in sale).
• Building 2 - Immediate Rental Income (1,200 Sq Ft): Fully leased to a hair salon for $1,200/month. Features the iconic and highly recognized "South Lorain Pride" mural—a true local landmark.
• Recent Renovations: Over $50,000 recently invested in property cleanup and building updates. Turnkey condition with zero deferred maintenance.
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